Fulton Bank - East Petersburg, PA
5998 Main Street, East Petersburg, PA, 17520, US
NZ$5,308,000 | 599 m²
Description
Jones Lang LaSalle Americas, Inc. (“JLL”) is pleased to offer the opportunity to acquire the fee simple Fulton Bank located at 1374 Heidelberg Ave in Schaefferstown, 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
NZ$1,521,000
Cap rate
6.4%
NOI
NZ$98,000
WAULT
13 years
Building area net
328 m²
Land area gross
0.27 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 $115M in 2025, a 16.6% increase YoY
- Strong demand characteristics driven by 3-mile AHHI of $138K
- Within Harrisburg-York-Lebanon CSA, the 3rd most populous region in PA with 1.2M+ residents
Contact brokers
Fulton Bank - Schaeffertown, PA (0 Properties)
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Last updated
27 Apr 2026
