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

Property Facts
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
| Parcel Number | 24-009-042 | Improvements Assessment | $288,600 |
| Land Assessment | $330,800 | Total Assessment | $619,400 |
Property Taxes
Listing ID: 3790396
Date on Market: 9/24/2016
Last Updated:
Address: 201 W Chocolate Ave, Hershey, PA 17033
The Retail Property at 201 W Chocolate Ave, Hershey, PA 17033 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
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