TruMark - Phoenixville, PA

Jones Lang LaSalle Americas, Inc. (“JLL”) is pleased to offer the opportunity to acquire the fee simple interest in TruMark Financial Credit Union located at 23 Nutt Road, Phoenixville, PA, 19460 (“Property” or “Asset”). TruMark Credit Union is operating on 15-year absolute NNN lease with ±6.9 years of primary lease term remaining, 10% rent increase every five years, three, five-year renewal options and zero landlord responsibilities. The Property benefits from an upcoming contractual rent escalation of 10% in July of 2028.

TruMark Financial Credit Union is a leading credit union headquartered in Fort Washington, Pennsylvania. Established in 1939, it has grown to serve over 135,000 members across the Greater Philadelphia region through its accessible network of 24 branch locations and over 420 dedicated employees. As of fiscal year 2025, TruMark reports total assets of $3.5 billion, total deposits of $2.9 billion, and total loans outstanding of $2.8 billion, supported by annual revenues of $198million (2024).

Serving as the Phoenixville, PA location, the Property is strategically located approximately 28 miles northwest of downtown Philadelphia. The Trumark Financial Credit Union branch enjoys prominent visibility along Nutt road (Route 23), Starr St and Valley Road, a main arterial intersection with direct access to +28,400 vehicles per day and positioning as a primary gateway to the Phoenixville downtown district.

The Property benefits from its location within a rapidly growing and high-demand suburban corridor in Chester County. The immediate area surrounding the Property is characterized by significant population and economic expansion, with access to a population of +106,000 and an average household income of ±170,000 in a 5-mile radius, this TruMark branch has an ample access to a large, affluent population. Additionally, the area is known for a highly educated workforce, with more than 52% of adult residents holding a bachelor’s degree or higher.