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- LoopNet Team
12 E Market St
York, PA 17401
Single Tenant Net Lease Investment · Retail Property For Sale
Investment Highlights
- NNN Lease to Credit Tenant
- Central Business District
- Private Parking
Executive Summary
Single tenant net leased commercial condominium in a beautiful historic bank building located in the heart of the Central Business District of York City, near several restaurants, the Judicial Center, Central Market House, and the Strand Performing Arts Center. 7,987 SF on first floor with additional 943 SF on lower level. Architecturally rich building and fully leased by national financial tenant. Wells Fargo has an A- credit rating with 8,050 total branches and a current market cap of $229.8 billion Current term through 9/30/2024 with options to renew through 2054 7.44% capitalization rate Below market rent Minimal landlord responsibilities On-site parking .
PROPERTY FACTS
| Property Type | Retail | No. Stories | 3 |
| Property Subtype | Bank | Year Built | 1929 |
| Building Class | B | Parking Ratio | 0.82/1,000 SF |
| Lot Size | 0.52 AC | APN / Parcel ID | 01-001-01-0023-00-00000 |
| Gross Leasable Area | 27,967 SF | Cross Streets | S George St |
| Property Type | Retail |
| Property Subtype | Bank |
| Building Class | B |
| Lot Size | 0.52 AC |
| Gross Leasable Area | 27,967 SF |
| No. Stories | 3 |
| Year Built | 1929 |
| Parking Ratio | 0.82/1,000 SF |
| APN / Parcel ID | 01-001-01-0023-00-00000 |
| Cross Streets | S George St |
zoning
| Zoning Code | CM |
| CM |
Learn More About Investing in Retail Properties
