Single-Tenant Bank NNN
For Sale
$1,046,215
435 Broadway Ave Bed, Bedford, OH 44146
Corporately guaranteed NNN bank lease with Citizens Financial Group on a prominent corner parcel.
Property Size2,288 SF
Price / SF$457.26
Days on Market36
Property Features for 435 Broadway Ave Bed
General Information
Standard status
Active
Size
2,288 SF
Property subtype
Bank
Lease Type
NNN
Site & Location
Traffic Count
165,042 vehicles/day
Highway Access
Yes
Road Access
Yes
Additional Details
Cap Rate
6.5%
Amenities
Six Years Remaining on Corporately Guaranteed NNN Lease | Guaranteed by Citizens Financial Group (NYSE: CFG) with $8.24B in 2025 Revenue and $228B in Assets | S&P Rating is A Plus
Tenant Pays Well Below Market Bank Rent ($29.72 per Square Foot) | Recent Early Lease Extension by Tenant
The Cleveland, OH MSA is Home to 2.1 Million Residents, Making it the Largest Metro in Ohio and One of the Largest 35 MSAs in the US | The Greater Cleveland Region Has a Trade Area of 3.7 M Residents
Building Details
Building Size
2,288 SF
Tenancy
Single
Listing Agency:
(317) 218-5325
Listed By:
Madison Harman · License #License(s): IN: RB14052326
(317) 218-5325
Source:
Marcusmillichap
Added: Jul 8
Changed: Aug 8
Last Checked: Aug 8 at 8:03AM
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 Madison Harman
Investment Insights
Based on property information with market context.
This property is a single-tenant bank facility operated by Citizens Bank under a NNN lease with six years remaining. The lease is corporately guaranteed by Citizens Financial Group (NYSE: CFG), with the remarks citing an S&P rating of A Plus. The branch has been operating at this location for over 20 years, and the lease includes a recent early extension by the tenant.
The building occupies a prominent corner parcel with frontage on Broadway Ave (SR 14). It is described as two miles from Interstate 480, with 165,042 vehicles per day listed in the remarks.
The site is positioned within a Bedford, OH bedroom community setting and is surrounded by established, dense residential neighborhoods. The remarks also note the property is adjacent to Bedford’s Auto Mile and near multiple national retail brands.
The building occupies a prominent corner parcel with frontage on Broadway Ave (SR 14). It is described as two miles from Interstate 480, with 165,042 vehicles per day listed in the remarks.
The site is positioned within a Bedford, OH bedroom community setting and is surrounded by established, dense residential neighborhoods. The remarks also note the property is adjacent to Bedford’s Auto Mile and near multiple national retail brands.
Key Highlights
- Six years remaining on a corporately guaranteed NNN lease with Citizens Financial Group (NYSE: CFG).
- Citizens Financial Group is guaranteed by Citizens Financial Group with $228B in assets and $8.24B in 2025 revenue.
- S&P rating noted as A Plus for the guarantor.
Property Analytics
Property Profile
Current Use
Lease Details
165,042 VPD
Traffic count
Single-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
302
Businesses Nearby
Explore this area
Business Placement
Demographics for 44146, OH
29,778
Population
15,270
Households
2
Avg Household Size
46
Median Age
23%
College-Educated
92%
High-School Grad
20.0 sq mi
ZIP Area
1,489
Density / Sq Mi
$53,049
Median Household Income
$40,808
Median Earnings
$1,000
Median Rent
$141,800
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
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Frequently Asked Questions
What type of property is this?
Bank - Corporately guaranteed NNN bank lease with Citizens Financial Group on a prominent corner parcel.
Where is this bank located?
The property is located at 435 Broadway Ave Bed Bedford, OH.
What is the asking price?
The asking price for this property is $1,046,215.
What are key features of this property?
This property features: Six years remaining on a corporately guaranteed NNN lease with Citizens Financial Group (NYSE: CFG).; Citizens Financial Group is guaranteed by Citizens Financial Group with $228B in assets and $8.24B in 2025 revenue.; S&P rating noted as A Plus for the guarantor.
