This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
12 Parkside Ave
Reading, PA 19607
STNL Santander Bank | Absolute NNN · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Recently Extended Santander Bank
- Located just outside of Reading – the midpoint between the Lehigh Valley & Lancaster
- Situated on 1.28 Acre, with 32 private parking spaces
- Quality Credit tenant (S&P – A1 | Moody’s – A2)
- Adequate traffic count of 11,528 ADT (Revere Blvd)
- 12th highest deposit count of all banks within a 5-mile radius (24 total branches)
PROPERTY FACTS
ABOUT 12 PARKSIDE AVE , READING, PA 19607
Retail; Berks County Equity Retail Brokers is pleased to offer qualified investors the opportunity to acquire the sale of a Santander Bank branch in Shillington, PA with over $132 Million in deposits in 2022 (Source: FDIC). Shillington is an immediate suburb of the City of Reading located in Berks County, PA. This asset sits on approximately 1.28 acres, and has been operating very successfully as branch since February, 1997. Originally an office for Sovereign Bank, the control of this branch was transferred to Santander Bank after their acquisition of Sovereign in 2011.
PROPERTY TAXES
| Parcel Number | 39-4395-06-39-0914 | Improvements Assessment | $471,300 |
| Land Assessment | $136,600 | Total Assessment | $607,900 |
PROPERTY TAXES
