Absolute NNN Bank
New
For Sale
Contact for pricing
23 Nutt Road, Phoenixville, PA 19460
The 2018-built credit union branch occupies a prominent suburban intersection with direct access to Route 23.
Property Size2,950 SF
Price / SF$745.76
Days on Market7
Property Features for 23 Nutt Road
General Information
Standard status
Active
Size
2,950 SF
Property subtype
Retail
Occupancy
100%
Lease Type
Absolute Net
Investment Type
Net Lease
Net Operating Income
$148,500
Site & Location
Traffic Count
28,400 vehicles/day
Road Access
Yes
Building Details
Year Built
2018
Tenancy
Single
Listing Agency:
JLL - Dallas | Cedar Springs, Texas
Listed By:
Caroline Pinkston · License #601565
Source:
Crexi
Added: Aug 5
Changed: Aug 9
Last Checked: Aug 10 at 1:46PM
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 JLL - Dallas | Cedar Springs, Texas
Investment Insights
Based on property information with market context.
The offering includes the fee simple interest in a 2,950-square-foot credit union branch completed in 2018. TruMark Financial Credit Union operates under an absolute NNN lease with approximately 6.9 years remaining on the primary term, 10% rent increases every five years, three five-year renewal options, and no landlord responsibilities. A contractual 10% rent escalation is scheduled for July 2028.
The property is positioned at Nutt Road, Starr Street, and Valley Road in Phoenixville, with direct access to Route 23 and exposure to more than 28,400 vehicles per day. The intersection serves as a gateway to the Phoenixville downtown district and is approximately 28 miles northwest of downtown Philadelphia. The surrounding five-mile area includes more than 106,000 residents and average household income of approximately $170,000.
The property is positioned at Nutt Road, Starr Street, and Valley Road in Phoenixville, with direct access to Route 23 and exposure to more than 28,400 vehicles per day. The intersection serves as a gateway to the Phoenixville downtown district and is approximately 28 miles northwest of downtown Philadelphia. The surrounding five-mile area includes more than 106,000 residents and average household income of approximately $170,000.
Key Highlights
- 2,950‑square‑foot branch completed in 2018
- Absolute NNN lease with ±6.9 years of primary term remaining
- 10% rent increases every five years; 10% escalation scheduled for July 2028
Property Analytics
Property Profile
Current Use
Lease Details
28,400 VPD
Traffic count
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
816
Businesses Nearby
44k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Groceries 55%
Shops & Services 40%
Dining 5%
ACME Markets
Groceries
24,311 visits/mo
0.1 miles
Sunoco
Shops & Services
9,606 visits/mo
0.3 miles
Sunoco
Shops & Services
3,357 visits/mo
0.3 miles
PNC Bank
Shops & Services
2,433 visits/mo
0.4 miles
Sal's Pizza
Dining
2,235 visits/mo
0.3 miles
Demographics for 19460, PA
43,611
Population
18,881
Households
2.3
Avg Household Size
40
Median Age
58%
College-Educated
96%
High-School Grad
34.5 sq mi
ZIP Area
1,264
Density / Sq Mi
$120,472
Median Household Income
$65,879
Median Earnings
$1,622
Median Rent
$426,000
Median Home Value
Market
Vacancy Rate% for Retail in Northeast region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Bank - The 2018-built credit union branch occupies a prominent suburban intersection with direct access to Route 23.
Where is this bank located?
The property is located at 23 Nutt Road Phoenixville, PA.
What is the asking price?
The asking price for this property is $2,200,000.
What are key features of this property?
This property features: 2,950‑square‑foot branch completed in 2018; Absolute NNN lease with ±6.9 years of primary term remaining; 10% rent increases every five years; 10% escalation scheduled for July 2028
