247 Main St
Binghamton, NY 13905
Citizens Bank · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Absolute triple net lease with investment-grade credit and annual rent escalations.
- The tenant recently executed a three-year lease extension, showing their commitment to the site.
- Nearby tenants include CVS, Advance Auto Parts, Price Chopper Grocery Store, and Big Lots.
- There are over 73,000 people within a three-mile radius and this branch has $52 million in deposits.
PROPERTY FACTS
Property Type
Retail
Property Subtype
Bank
Building Size
3,014 SF
Building Class
B
Year Built
1973
Tenancy
Single
Building Height
1 Story
Building FAR
0.21
Lot Size
0.33 AC
Zoning
C-1 - Service Commercial District
Parking
13 Spaces (5.2 Spaces per 1,000 SF Leased)
PROPERTY TAXES
| Parcel Number | 030200-143-084-0002-031-000-0000 | Improvements Assessment | $233,800 |
| Land Assessment | $73,000 | Total Assessment | $306,800 |
