907 22nd St - Bank FOR SALE


Aliquippa, PA 15001
$1,362,446 USD
610-645-7700
907 22nd St, Aliquippa, PA for Sale
$1,362,446 USD
Bank - FOR SALE
1/7
null | 6.5% Cap Rate

907 22nd St
Aliquippa, PA 15001


HIGHLIGHTS

  • Investment Grade Credit: The lease is guaranteed by Citizens Bank, N.A., an investment-grade credit tenant with an S&P rating of A-.
  • Strong Bank Deposit History: This location benefits from a strong history of deposits, with $167.65 million in 2025.
  • itizens has operated at this location since 2007 and, in July 2025, exercised its option to extend the lease for an additional five years
  • The site is located just 18 miles northwest of Pittsburgh, the second-largest city in Pennsylvania.

OVERVIEW

Equity CRE is pleased to present to qualified investors the opportunity to purchase a free-standing property leased to Citizens Bank. The asset is backed by a triple-net (NNN) lease, which the tenant extended for an additional five years in July 2025. The tenant, Citizens Bank of Pennsylvania, is a subsidiary of Citizens Financial Group. Inc. Citizens Bank is an investment-grade operator rated A- by Standard & Poor’s, with over 1,000 locations across more than 14 states. In 2025, deposits at this Citizens Bank totaled $167.65 million. Over the past six years, deposits have ranged between $164.96 million and $175.08 million, demonstrating the bank’s resilience and continued financial stability. Located just 18 miles from downtown Pittsburgh, the property sits in the retail corridor of Aliquippa, with nearby tenants including the United State Postal Service, Aldi, Dollar General, AutoZone, and Dunkin Donuts. The surrounding area boasts demographics of over 27,496 households and an average household income exceeding $82,071 in a five-mile radius— supporting robust consumer demand and reinforcing the long-term value of this investment.

FOR SALE DETAILS

PRICE

$1,362,446 USD

PRICE/SF

$292 USD /SF

CAP RATE

6.5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Citizens Bank

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Bank

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1953

SPRINKLERS

-

PARKING SPACES

65

LAND DETAILS

LAND ACRES

1.14 AC

LAND SF

49,658 SF

ZONING

CC

APN/PARCEL ID

08-046-1200.000

ASK ABOUT THIS PROPERTY

Kenneth YanniEquity CREMore Info
610-645-7700

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Kenneth YanniEquity CREMore Info
610-645-7700

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