4830 Penn Ave Wernersville, PA 19608
This exceptional investment opportunity presents a single-tenant, net-leased retail property occupied by an M&T Bank branch located at 4830 Penn Ave, Sinking Spring, PA 19608, in Berks County. The 3,575 square foot building sits on a 0.77-acre lot and was constructed in 1998. Currently operating at 100% occupancy, this bank branch boasts a remarkable history, having operated continuously since August 1998, initially as a Bank of Pennsylvania branch (a division of Dauphin Deposit Bank & Trust) before M&T Bank assumed control in 2003 following the acquisition of Dauphin Deposit Bank & Trust. The property benefits from an absolute NNN lease structure, eliminating all landlord responsibilities. Financial performance is exceptionally strong, with the branch reporting over $118 million in deposits in 2024, the highest among the 11 M&T Bank branches in Berks County. This represents a stable, long-term investment with a proven track record of success spanning over 25 years. The property's prime location in Sinking Spring, near Reading, Pennsylvania, ensures high visibility and accessibility. This is a rare opportunity to acquire a high-performing, net-leased asset with significant long-term potential.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.