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1980 Sproul Rd
Broomall, PA 19008
Bank of America | NNN Lease · Retail Property For Sale
Investment Highlights
- Absolute NNN ground lease occupied by Bank of America, the 2nd largest banking institution in the United States and the 8th largest in the world.
- Zero landlord responsibilities, an upcoming 10% rental increase, and four 5-year renewal options - each with 10% rental increases.
- Located 20 minutes from Downtown Philadelphia, the site is surrounded by an affluent population of more than 302k people in a 5-mile radius.
- Located across from a grocery-anchored shopping center, with national tenants including TJ Maxx, Panera, Dollar Tree, and Starbucks.
Property Facts
Property Type
Retail
Property Subtype
Bank
Building Size
4,387 SF
Building Class
C
Year Built/Renovated
2007/2024
Tenancy
Single
Building Height
1 Story
Building FAR
0.06
Lot Size
1.72 AC
Zoning
O-1 - Commercial
Parking
64 Spaces (14.59 Spaces per 1,000 SF Leased)
Frontage
192’ on Sproul Rd
Amenities
- Signage
- Drive Thru
Property Taxes
| Parcel Number | 25-00-04495-00 | Improvements Assessment | $7,025,590 |
| Land Assessment | $895,270 | Total Assessment | $7,920,860 |
Property Taxes
Parcel Number
25-00-04495-00
Land Assessment
$895,270
Improvements Assessment
$7,025,590
Total Assessment
$7,920,860
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