Map of Property

12 Parkside Ave

12 Parkside Ave, Reading, PA 19607

  • For Sale $995,000
  • Property Type Retail
  • Property Size 5,468 SF
  • Lot Size 1.28 Acre
  • Year Built 1997
  • Date Updated Jan 18, 2024

Equity Retail Brokers is pleased to offer qualified investors the opportunity to acquire the sale of a Santander Bank branch in Shillington, PA with $133 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.

 

Investment Highlights

2 Years Remaining 

 

Two (2), Five (5) Year Options

 

20+ year successful operating history

 

Absolute NNN Lease – NO Landlord Responsibilities

 

Located in Shillington, PA – an immediate suburb of Reading

 

Quality Credit tenant (S&P – A1 | Moody’s – A2)

 

10th highest deposit count of all banks within a 5-mile radius (24 total branches)

Want more info on this listing?

Reach out to the broker for more info on lease terms and amenities

Contacts

broker

David Laiter Is this you?

Equity Retail Brokers

(610) 645-7700

Location

Getting Around

  • Walk Score ®

    56/100 Somewhat Walkable

  • Bike Score ®

    39/100 Somewhat Bikeable
Powered by Walk Score ®
  • City Reading, PA
  • Neighborhood Montrose Manor
  • Zip Code 19607
  • Market Philadelphia

Points of Interest

  • Speedway

    0.50 miles

  • Weis Gas Station

    0.82 miles

  • Giant Gas Station

    1.03 miles

  • Giant Gas

    1.37 miles

  • Sunoco

    1.40 miles

  • Sunoco

    1.56 miles

  • Wawa

    1.89 miles

  • Speedway

    1.93 miles

  • Sunoco

    2.01 miles

  • ChargePoint

    2.06 miles

  • Mohnton Memorial Park Parking

    1.44 miles

  • School Bus Parking

    1.50 miles

  • Kenhorst Borough Garage

    1.91 miles

  • Student Parking

    1.93 miles

  • Mail Truck Lot

    2.15 miles

  • Wilshire Pool Parking

    2.18 miles

  • 5th Avenue Garage

    2.24 miles

  • Saint Ignatius Loyola Parking

    2.32 miles

  • 6th Avenue Garage

    2.32 miles

  • 3rd and Spruce Parking Lot

    2.59 miles

  • Arby's

    0.22 miles

  • KFC

    0.24 miles

  • Dunkin' Donuts

    0.27 miles

  • Deluxe Diner

    0.39 miles

  • Jade Garden

    0.41 miles

  • Beverly Hills Tavern

    0.84 miles

  • Great China

    1.17 miles

  • Subway

    1.18 miles

  • Manjia!

    1.25 miles

  • Mangas

    1.26 miles

  • Weis

    0.79 miles

  • Giant

    1.08 miles

  • Giant

    1.47 miles

  • Shillington Farmers Market

    1.49 miles

  • Redner's

    1.83 miles

  • Aldi

    1.96 miles

  • Boscov's

    2.25 miles

  • Bon Ton

    2.36 miles

  • Walmart

    2.37 miles

  • Berkshire Mall

    2.39 miles

Frequently Asked Questions

What is the lease rate for 12 Parkside Ave?

Rental asking rate at 12 Parkside Ave is $497,500.00/YR.

What is the total square footage of 12 Parkside Ave?

12 Parkside Ave totals 5,468 square feet.

When was this property built?

12 Parkside Ave was built in 1997.

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Contact Listing Broker

broker

David Laiter Is this you?

Equity Retail Brokers

(610) 645-7700