Fulton Bank - Doylestown, PA
379 N Main St, Doylestown, PA, 18901, US
₩3,604,652,000 | 532 m²
Description
Jones Lang LaSalle Americas, Inc. (“JLL”) is pleased to offer the opportunity to acquire the fee simple Fulton Bank located at 200 Townsedge Drive in Quarryville, Pennsylvania (“Property” or “Asset”). Fulton Bank is operating on a 15-year absolute NNN lease with ±13.0 years of primary lease term remaining, 2.25% annual rent escalations, three, five-year renewal options and zero landlord responsibilities.
PA Broker of Record: Ryan Ade - PA License #: RS291698
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Attributes
Asking price
₩1,082,722,000
Cap rate
6%
NOI
₩64,928,000
WAULT
13 years
Building area net
249 m²
Land area gross
0.32 ha
Media
Investment Highlights
- Absolute NNN lease with ±13.0 years of primary lease term remaining
- Rare 2.25% annual rent escalations
- Fulton Bank carries investment grade credit ratings of 'A' from Morningstar DBRS and 'Baa1' from Moody's
- Exceptional deposits of $177M in 2025, up 4.3% YoY
- Low, below market rents of $44K annually
- Outparcel to GIANT grocery store that ranks in the top 5% of most visited grocery stores in PA and 7% in the U.S.
Contact brokers
Fulton Bank - Quarryville, PA (0 Properties)
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Last updated
27 Apr 2026
