Citizens Bank NNN
For Sale
Contact for pricing
1071 Baltimore Pike, Concordville, PA 19342
Single-tenant absolute NNN ground lease with a drive-thru and no landlord responsibilities.
Property Size3,513 SF
Lot Size1.07 Acres
Days on Market144
Property Features for 1071 Baltimore Pike
General Information
Standard status
Active
Size
3,513 SF
Lot size
1.07 Acres
Property subtype
Retail
Site & Location
Corner Location
Yes
Drive-Thru
Yes
Traffic Count
39,200 vehicles/day
Building Details
Buildings
1
Tenancy
Single
Listing Agency:
Colliers - Los Angeles - Orange County, California
Listed By:
Jereme Snyder · License #CA 01360233
(949) 724-5552
Source:
Crexi
Added: Apr 12
Changed: Aug 31
Last Checked: Aug 29 at 5:15PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Colliers - Los Angeles - Orange County, California
Investment Insights
Based on property information with market context.
This single-tenant bank property is subject to an absolute NNN ground lease with Citizens Bank. The improvements include a 3,513 SF building with a drive-thru on a 1.07-acre parcel at 1071 Baltimore Pike in Concordville, Pennsylvania. The lease has over 5 years remaining in its primary term, followed by two 5-year option periods. Landlord responsibilities are eliminated, and scheduled rent increases are 15% every 5 Years.
The property occupies the signalized corner of Baltimore Pike and State Farm Drive, an intersection reporting over 39,200 VPD. It is situated in Glen Mills’ retail corridor, approximately half a mile from The Shoppes at Brinton Lake, a 192,000 SF community center, and within a mile of the 530,000 SF Concordville Town Centre. Surrounding retailers include Whole Foods, Target, Costco, The Home Depot, ACME Market, Wegmans, CVS, PetSmart, McDonald’s, Chick-fil-A, and Texas Roadhouse.
The property occupies the signalized corner of Baltimore Pike and State Farm Drive, an intersection reporting over 39,200 VPD. It is situated in Glen Mills’ retail corridor, approximately half a mile from The Shoppes at Brinton Lake, a 192,000 SF community center, and within a mile of the 530,000 SF Concordville Town Centre. Surrounding retailers include Whole Foods, Target, Costco, The Home Depot, ACME Market, Wegmans, CVS, PetSmart, McDonald’s, Chick-fil-A, and Texas Roadhouse.
Key Highlights
- Absolute NNN ground lease with zero landlord responsibilities
- 3,513 SF bank building with drive‑thru on a 1.07‑acre parcel
- Over 5 years remaining in the primary term plus two 5‑year option periods
Property Analytics
Current Use
Lease Details
39,200 VPD
Traffic count
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
112
Businesses Nearby
13k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 100%
Dunkin' Donuts
Dining
12,881 visits/mo
0.4 miles
Demographics for 19342, PA
20,550
Population
8,183
Households
2.5
Avg Household Size
48
Median Age
55%
College-Educated
96%
High-School Grad
19.8 sq mi
ZIP Area
1,038
Density / Sq Mi
$136,647
Median Household Income
$81,696
Median Earnings
$2,298
Median Rent
$579,400
Median Home Value
Market
Vacancy Rate% for Retail in Northeast region
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Frequently Asked Questions
What type of property is this?
NNN property - Single-tenant absolute NNN ground lease with a drive-thru and no landlord responsibilities.
Where is this nnn property located?
The property is located at 1071 Baltimore Pike Concordville, PA.
What are key features of this property?
This property features: Absolute NNN ground lease with zero landlord responsibilities; 3,513 SF bank building with drive‑thru on a 1.07‑acre parcel; Over 5 years remaining in the primary term plus two 5‑year option periods
