30 S George St, York, PA

This single-tenant property, leased to Fulton Bank, is located in York, Pennsylvania. Fulton Bank operates on a triple-net (NNN) lease with two and one half (2.50%) percent rental increases annually throughout the base term and option periods. Fulton Bank has maintained the #1 position in deposit market share within ZIP code 17401 for over a decade, with $312.6 million in deposits as of 6/30/2024. The property is strategically located at the corner of S. George Street (11,800 VPD) and Mason Avenue, offering high visibility and easy access. York College of Pennsylvania and Penn State York, collectively enrolling over 3,800 students, are just two miles away. The surrounding 5-mile trade area features a population of 155,000, over 60,000 households, and an average household income of $100,000. A $427 million expansion of WellSpan York Hospital, expected to be completed in early 2027, will include 21 advanced surgical suites and a 96-bed expanded ICU, adding 500 healthcare jobs. Fulton Bank is a wholly owned subsidiary of Fulton Financial Corporation (NASDAQ: FULT), a $30+ billion financial services company with an investment-grade credit rating of Baa1 (Moody’s). Fulton Financial operates more than 230 locations across Pennsylvania, New Jersey, Maryland, Delaware, and Virginia. The property size is 23,600 square feet.