Retail    

Quaint Oak Bank

 Allentown, Pennsylvania

Asking Price

$4,655,000

Cap Rate

6.00%

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Net Operating Income

$279,300

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Total Rentable SF

+/- 6,500 SF

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Land Area

+/- 0.33 Acres

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Expenses

Absolute NNN

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Lease Term

15 Years

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INVESTMENT HIGHLIGHTS

  • Corporate Guarantee | Quaint Oak Bank (OTCQB: QNTO), Publicly Traded
  • Strong Operating History | Since 2009
  • Top 40% in Deposits | $96.2 Million
  • Absolute NNN Lease
  • Rent Growth | 2% Annual Rent Increases
  • Commitment to the Site | New 15-Year Lease
  • +/-50 Miles from Philadelphia
  • Excellent Demographics | 498K Pop., $107K AHHI
  • Fastest Growing Region | Lehigh Valley

Exclusively Listed By

John Rotunno

Pennsylvania Broker
  Email Broker      646.778.5560
PA Lic. #ABR002892

Northmarq

120 West 45th Street, Suite 2610
New York, New York 10036

 

northmarq.com