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Citizens Bank NNN Property
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2233 E Pershing St, Salem, OH 44460

Bank facility under a triple-net lease with scheduled annual increases.

Property Size2,900 SF
Lot Size0.61 Acres
Days on Market143

Property Features for 2233 E Pershing St

General Information

Standard status Active
Size 2,900 SF
Lot size 0.61 Acres
Property subtype Retail

Additional Details

Gross Income $49,692

Building Details

Buildings 1
Tenancy Single
Listing Agency: SURMOUNT
Listed By: Hannan Ben Yosef · License #NY 10401358655
Source: Crexi
Added: Apr 12 Changed: Aug 31 Last Checked: Aug 29 at 2:22PM

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 SURMOUNT

Investment Insights

Based on property information with market context.

Citizens Bank occupies a commercial bank facility containing approximately 2,900 rentable square feet. The improvements sit on an estimated 0.61-acre parcel at 2233 E Pershing St. in Salem, Ohio.

The property is encumbered by a 15-year triple-net lease that commenced on 6/29/2006. The lease provides for scheduled annual increases of 2.00%, with the tenant responsible for the applicable expenses under the NNN structure.

Key Highlights

  • Citizens Bank facility with approximately 2,900 rentable square feet
  • Estimated 0.61‑acre parcel
  • 15‑Year Triple Net (NNN) lease

Property Analytics

Current Use

Citizens Bank First Citizens Bank ... Atm Citizens Bank ATM Atm Citizens ATM Atm

Suggested Use

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

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

482
Businesses Nearby
231k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 45% Groceries 26% Shops & Services 16% Home Improvements & Furnishings 6%
Giant Eagle Supermarket Groceries
33,968 visits/mo 0.2 miles
McDonald's Dining
22,463 visits/mo 0.2 miles
Dollar Tree Shops & Services
15,288 visits/mo 0.5 miles
Aldi Groceries
14,772 visits/mo 0.3 miles
GetGo Gas Station Shops & Services
14,209 visits/mo 0.2 miles

Demographics for 44460, OH

25,393
Population
11,595
Households
2.2
Avg Household Size
46
Median Age
20%
College-Educated
90%
High-School Grad
107.4 sq mi
ZIP Area
236
Density / Sq Mi
$59,882
Median Household Income
$35,912
Median Earnings
$770
Median Rent
$153,200
Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
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Frequently Asked Questions

What type of property is this?
NNN property - Bank facility under a triple-net lease with scheduled annual increases.
Where is this nnn property located?
The property is located at 2233 E Pershing St Salem, OH.
What are key features of this property?
This property features: Citizens Bank facility with approximately 2,900 rentable square feet; Estimated 0.61‑acre parcel; 15‑Year Triple Net (NNN) lease
(332) 345-4222 Call to check price and availability
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