301 Colonial Rd - Bank FOR SALE


Harrisburg, PA 17109- Progress/Colonial Park
$2,115,000 USD
732-546-7501
301 Colonial Rd, Harrisburg, PA for Sale
$2,115,000 USD
Bank - FOR SALE
1/20
null | Request Cap Rate

301 Colonial Rd
Harrisburg, PA 17109
Progress/Colonial Park


OVERVIEW

Lucrative Opportunity -Single-Tenant NNN Investment with Regional Bank Tenant The property is leased to S&T Bank, a well-established and reputable regional financial institution, under a triple-net (NNN) lease, offering stable, passive income with minimal landlord responsibilities. Strong In-Place Cash Flow The tenant currently has a lease secured through 2028, providing over four years of predictable income. Attractive Long-Term Upside The lease includes five-year renewal options, allowing investors the opportunity for extended cash flow from a creditworthy banking tenant. Freestanding Bank Branch on 0.82 Acres with an entrance point to the Colonial Mall for high visibility! The 3,382 SF building sits on nearly a full acre and features drive-thru capability, onsite parking, and purpose-built banking infrastructure, supporting long-term tenant retention or future adaptive reuse. Prime Harrisburg Submarket Location Strategically located within Pennsylvania’s capital region, the property benefits from strong daytime traffic, established retail co-tenancy, and a growing consumer base.

FOR SALE DETAILS

PRICE

$2,115,000 USD

PRICE/SF

$625 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Bank

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2007

SPRINKLERS

-

PARKING SPACES

13

LAND DETAILS

LAND ACRES

0.82 AC

LAND SF

35,719 SF

ZONING

-

APN/PARCEL ID

35-041-084

ASK ABOUT THIS PROPERTY

Joseph SpinellaKeller Williams RealtyMore Info
732-546-7501

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Joseph SpinellaKeller Williams RealtyMore Info
732-546-7501

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.