4830 Penn Ave, Sinking Spring, PA 19608
Sale Price
$1,779,661
Cap Rate
5.90%
NOI
$105,000
Equity Retail Brokers is pleased to exclusively offer for sale a single-tenant, net leased M&T Bank branch in Sinking Spring (Reading), Berks County, PA with over $118 Million in deposits in 2024 (source: FDIC). This property has been successfully operating as a bank branch since August 1998, initially as Bank of Pennsylvania (a division of Dauphin Deposit Bank & Trust) with M&T Bank taking control in 2003 when they acquired Dauphin Deposit Bank & Trust.
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