18 Washington Ave | Endicott, NY 13760
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- LoopNet Team
18 Washington Ave
Endicott, NY 13760
Citizens Bank - 10% Cap! · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Citizens Bank | Corporate Guarantee | S&P: BBB+ Credit Tenant.
- Absolute Triple-Net (NNN) Lease.
- Rent increases in options
- Citizens Bank has $153.5 Billion in Assets.
- Bank had a 10-year absolute net lease and in 2016 exercised a Five-Year Renewal featuring 2.5% annual rent increase.
- Deposits at this Location have Increased to More Than $80 Million.
PROPERTY FACTS
Property Type
Retail
Property Subtype
Bank
Building Size
9,600 SF
Building Class
B
Year Built/Renovated
1980/2004
Tenancy
Single
Building Height
2 Stories
Building FAR
1.93
Lot Size
0.11 AC
Zoning
CBD
Parking
8 Spaces (0.83 Spaces per 1,000 SF Leased)
Frontage
50’ on Washington Ave
AMENITIES
- Banking
- Signage
PROPERTY TAXES
| Parcel Number | 034601-157-006-0007-027-000-0000 | Improvements Assessment | $5,100 |
| Land Assessment | $2,400 | Total Assessment | $7,500 |
PROPERTY TAXES
Parcel Number
034601-157-006-0007-027-000-0000
Land Assessment
$2,400
Improvements Assessment
$5,100
Total Assessment
$7,500
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