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201 W Chocolate Ave
Hershey, PA 17033
Retail Property For Sale

Property Facts

Property Type
Retail
Property Subtype
Bank
Building Size
2,805 SF
Building Class
B
Year Built
2006
Tenancy
Single
Building Height
1 Story
Building FAR
0.13
Lot Size
0.50 AC

About 201 W CHOCOLATE AVE , HERSHEY, PA 17033

CBRE is pleased to present exclusively for sale this BB&T Bank located in Hershey, Pennsylvania located fourteen miles east of Harrisburg. BB&T is on a triple net lease with zero landlord responsibilities. This 3,500 square foot building has eight years left on its lease with one, five year option and one, four years eleven months option to renew. The lease boasts a 10% rental increase in year sixteen and in both of the option periods. BB&T Bank is an investment grade tenant, rated A by Standard and Poor' s. The subject property is ideally located on the corner of Chocolate Ave and Ridge Road, which sees 19,000 vehicles passing by daily. The location of BB&T Bank has excellent visibility in downtown Hershey and is just a mile to the entrance of local attractions Hershey Park, Hershey' s Chocolate World, and Hersheypark Stadium. Located across from Chipotle Mexican Grill, the subject property is also nearby the Tanger Outlets (0.9 miles) which includes national retailors such as Bass Factory Outlet, Sketchers Factory Outlet, Under Armor, The Children' s Place, Starbucks, and White House Black Market, Zales Outlet, and Gap Outlet.

Property Taxes

Property Taxes

Parcel Number
24-009-042
Land Assessment
$330,800
Improvements Assessment
$288,600
Total Assessment
$619,400
  • Listing ID: 3790396

  • Date on Market: 9/24/2016

  • Last Updated:

  • Address: 201 W Chocolate Ave, Hershey, PA 17033

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