About the Investment

• Tenant Has Operated Here for 50 Years! Community Bank recently executed a new 5-year lease extension for this location after more than 50 years of tenancy in the same location! The lease is absolute triple net with zero landlord responsibilities.
• 2% Annual Rental Increases The lease is subject to 2% annual rental increases, which will continue into both 5-year renewal options.
• Adjacent McDonald's and Sunoco are Top Performing Retailers in Pennsylvania The McDonald's and Sunoco directly across the street from the subject property are among the top-performing locations in Pennsylvania, ranking in the 94th and 95th percentiles, respectively. Notably, the Sunoco is the #1 performer out of 27 other locations within a 15-mile radius, according to Placer.ai data. This makes the site particularly advantageous for Scranton Community Bank, as it reflects a steady stream of potential customers passing by the property daily.