Building Details

Tenancy Single

Listing Agency: Forged Real Estate m***@forgedre.com Show Phone

Listed By: Marco DiPrinzio · License #327764

Source: Crexi

Added: Apr 11 Changed: Aug 31 Last Checked: Aug 30 at 4:51AM

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Investment Insights

Based on property information with market context.

This fee simple bank property is occupied by a single tenant, Truist Bank, under a NNN lease established in 2014. The lease has a 25-year term, includes 2.5% annual increases, and provides one three-year renewal option. The structure places responsibility for property-level expenses with the tenant under the stated lease arrangement.

The property is located at 16576 Susquehanna Trail S in New Freedom, Pennsylvania. Truist Bank carries an A credit rating from S&P with a positive outlook, providing additional tenant-credit context for the existing occupancy. The lease term, contractual increases, and renewal provision are central elements of the property’s operating profile.

Key Highlights

• Single tenant: Truist Bank
• 25‑year lease signed in 2014
• Fee simple NNN lease structure

Property Analytics

Property Profile

Current Use

Banks

Suggested Use

Top Pick Real Estate Agency Auto Repair Shop Building Supply Law Firm Restaurant Big Box & Wholesale Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Single-tenant

Tenancy

Location Intelligence

Trade Area within ½ mile

32

Businesses Nearby

2k

Monthly Visits Nearby

Explore this area Business Placement

Foot Traffic Nearby

Shops & Services 100%

Truist Shops & Services

2,101 visits/mo 0.1 miles

Demographics for 17349, PA

8,084

Population

2,976

Households

2.7

Avg Household Size

45

Median Age

42%

College-Educated

94%

High-School Grad

21.1 sq mi

ZIP Area

383

Density / Sq Mi

$111,401

Median Household Income

$58,893

Median Earnings

$1,592

Median Rent

$346,300

Median Home Value

Market

Vacancy Rate% for Retail in Northeast region

6% 2019

7.1% 2020

6.5% 2021

6% 2022

5.7% 2023

5.6% 2024

6% 2025

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Frequently Asked Questions

What type of property is this?

Bank - Fee simple ownership with a NNN lease and scheduled annual increases.

Where is this bank located?

The property is located at 16576 Susquehanna Trail S New Freedom, PA.

What are key features of this property?

This property features: Single tenant: Truist Bank; 25‑year lease signed in 2014; Fee simple NNN lease structure