CVS - Honesdale, PA
202 4th Street, Honesdale, PA, 18431, US
1,232 m²
Description
Jones Lang LaSalle Americas, Inc. (“JLL”) is pleased to offer the opportunity to acquire the fee simple Fulton Bank located at 1500 Kenneth Road in York, 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
SEK 9,069,000
Cap rate
6%
NOI
SEK 544,000
WAULT
13 years
Building area net
308 m²
Land area gross
0.31 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 $261M in 2025, the 2nd highest in York County
- Low, below market rents of $59K annually
- Adjacent to the #2 most visited regional mall in PA, Westchester Town Center
Contact brokers
Fulton Bank - York, PA (0 Properties)
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Last updated
27 Apr 2026
