Property summary
This exceptional investment opportunity presents a fee-simple ground lease on a brand-new, 3,953 square-foot Bank of America branch in Penn Hills, Pennsylvania. Built in 2021, this Class A property boasts a 15-year absolute NNN lease with a corporate guarantee from Bank of America, providing significant financial stability. The lease commenced March 21, 2021, and features a substantial remaining term of approximately 11.4 years, extending to March 31, 2036. Attractive 12.5% rent increases… are built into the lease every five years, ensuring consistent growth in rental income. The property sits on a sizable 1.82-acre lot and includes a two-lane drive-thru and 24/7 ATM access. The current net operating income (NOI) is $185,000, yielding a 4.51% cap rate, and the asking price is $4,100,000 ($1,037.19 per square foot). The property benefits from its strategic location on Frankstown Road (PA Route 380), a major thoroughfare, serving a densely populated area with high average household income. The lease includes two five-year renewal options, further enhancing the long-term value of this investment. This is a rare opportunity to acquire a high-quality, net-leased property anchored by a financially strong, investment-grade tenant in a thriving market. The property's location near major universities contributes to a robust and growing local economy.
Ownership intelligence
Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax
No data for this sectionNo tax or assessment record is on file for this parcel in the county feed.
Value estimate
· Sep 2026No data for this sectionNo value estimate could be modeled: the record carries too little market input for this parcel.
Recently sold
No data for this sectionNo cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
No data for this sectionNo zoning code is on file for this parcel. Coverage grows with every catalog release.
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
6 recorded sales · 13 properties nearbyComparable nearby
Similar Nearby for Sale
Similar Nearby for Lease
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $99/month
- GBA
- 3,953 SF
- Lot area
- 1.82 ac
- Year built
- 2021
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and any signals we can model, to help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
- Ownership
- Owner Contacts
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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- Local Zoning Insight
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- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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