18 Washington Ave
Endicott, NY 13760
Citizens Bank · Retail Property For Sale

Marcus & Millichap is pleased to present for sale, a Citizens Bank located in Endicott, New York. The subject property was built in 1980 and consists of a 9,771 square foot building situated on 0.11 acres. The tenant, Citizens Financial Group Inc., has a 15 year absolute net lease featuring 2.5-percent annual rent increases. Citizens Financial Group Inc., has approximately $153.5 billion in assets as of March 2018. This location is the flagship Citizens Bank branch for the area located in the heart of downtown Endicott on Washington Avenue. Steady increasing deposits have grown significantly since the consolidation of another nearby drive-thru only branch. Deposits at this location exceeded $80,000,000 as of June 2017. The subject property is located in the downtown Endicott area on Washington Avenue, just off North Street. Nearby traffic generators include CVS Pharmacy, i3 Electronics, HybriDrive Solutions, US Post Office, Dollar General, Jennie Snapp Middle School, and Union Endicott High School. There are approximately 78,863 people who live within five miles of the property and an average household income of $70,618 annually.