Fee Simple NNN Bank
37 West Main Street Bloomsburg, PA 17815
37 West Main Street, Bloomsburg, PA, 17815
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For Sale
Contact for pricing
Fee simple Fulton Bank offering a 15-year absolute NNN lease with 10+ years remaining and scheduled rent escalations.
Property Size10,206 SF
Price / SF$221.73
Days on Market85
Property Features for 37 West Main Street
General Information
- Standard status
- Active
- Size
- 10,206 SF
- Property subtype
- Retail
Building Details
- Year Built
- 1885
Listing agency
JLL Chicago | Americas Headquarters
Listed by
Alex Sharrin · License #IL 475.170243
Source
Crexi
Added: Apr 29 Updated: Jul 20 at 9:25PM Checked: Jul 21 at 10:59AM
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 Chicago | Americas Headquarters
Investment Insights
Based on property information with market context.
This offering presents the fee simple interest in a Fulton Bank property located at 37 W Main Street. The asset is operating under a 15-year absolute NNN lease structure, with approximately 11.0 years of primary term remaining. Lease terms include 2.25% annual rent escalations, along with three, five-year renewal options. The lease is described as requiring zero landlord responsibilities.
The property is identified as a bank facility within a retail/commercial real estate context, with the lease structure designed to shift responsibilities under the NNN framework to the tenant.
The seller is offering the fee simple asset with the existing lease in place, providing buyers with a fully leased, income-generating position backed by the stated absolute NNN provisions.
The property is identified as a bank facility within a retail/commercial real estate context, with the lease structure designed to shift responsibilities under the NNN framework to the tenant.
The seller is offering the fee simple asset with the existing lease in place, providing buyers with a fully leased, income-generating position backed by the stated absolute NNN provisions.
Key Highlights
- Fee simple Fulton Bank property at 37 W Main Street, Bloomsburg, Pennsylvania
- 15‑year absolute NNN lease in place, with about 13.0 years of primary term remaining
- Includes 2.25% annual rent escalations
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $214.3k | $21.00 |
| − Vacancy | −$10.3k | −$1.01 |
| EGI | $204.0k | $19.99 |
| − OpEx | −$61.2k | −$6.00 |
| NOI | $142.8k | $13.99 |
10,206 SF · lease $21.00/SF/yr · vacancy 4.80% · expense 30.00%
Alternative Uses
Best Use
Retail
$2.04M
$1.79M – $2.38M
NOI $142,827 @ 7.0% cap · market cap 6.31%
Second Best
Specialty Retail
$1.94M
$1.69M – $2.26M
NOI $135,514 @ 7.0% cap · market cap 5.99%
Theoretical Best
Office A
$3.42M
$2.99M – $3.99M
NOI $239,531 @ 7.0% cap · market cap 10.58%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Big Brothers Big ...
Child Welfare Organization
Fulton Bank
Bank
The Pennsylvania Compeer Coalition
Business Management Consultant
Mental Health Association
Crisis Center
ATM (FNB Bank)
Atm
Similar For Sale Nearby
FAQs
What type of property is this?
Bank - Fee simple Fulton Bank offering a 15-year absolute NNN lease with 10+ years remaining and scheduled rent escalations.
Where is this bank located?
The property is located at 37 West Main Street Bloomsburg, PA.
What is the asking price?
The asking price for this property is $2,263,000.
What are key features of this property?
This property features: Fee simple Fulton Bank property at 37 W Main Street, Bloomsburg, Pennsylvania; 15‑year absolute NNN lease in place, with about 13.0 years of primary term remaining; Includes 2.25% annual rent escalations
