4060 City Ave
Philadelphia, PA 19131
PNC Bank · Retail Property For Sale

HMX Realty Advisors exclusively presents for sale this PNC Bank which has been open since 2007 with branch deposits over $243m. In 2008, this building was awarded LEED certification at the Silver level by the U.S. Green Building Council. The building is 3,680 sf and has 3 drive-thru lanes. The property sits in front of an irreplaceable Target anchored shopping center and has excellent visibility at the signalized intersection of Monument Rd, and City Ave. (US Rt. 1). Average daily traffic counts at the intersection are 50,000+ VPD. The property is less than 1,000 feet from the on/off ramp to I-76 (Ohio to New Jersey). The center is anchored by Target (with CVS), the second largest discount retailer in the U.S. Other tenants at the center include Chipotle, Chick-fil-a (opening in the fall), Verizon and Sleep number among others. PNC’s large deposit base of $243m is drawn from the nearly 900,000 people who live within a 5-mile radius as well as being on the boarder of Philadelphia and Bala Cynwyd. Also within a 5-mile radius are many office and medical buildings which support the more than 450,000 who people commute daily to their jobs in the financial and health services industries. Philadelphia is the largest city in Pennsylvania, the sixth most populous city in the U.S., as well as the second most populous city in the Northeast, behind NYC. Retailers in the Immediate area include Saks Fifth Ave., LA Fitness, 7-Eleven, Chili’s, Olive Garden and the Bala Golf Club among others. In addition, there are many luxury residential apartment buildings in the area including Presidential City. Presidential City is adjacent to the shopping center and is comprised of a several luxury buildings with extensive amenities including full spa services, Zen gardens, multiple dog parks, full-size basketball courts and luxury outdoor kitchen areas. The headquarters for Susquehanna International Group (SIG) is located across the street from PNC.