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INVESTMENT HIGHLIGHTS
Publicly Traded Tenant with Outstanding Financials | S&T Bancorp Inc. is traded on the Nasdaq (STBA) and recently reported a record net income and earnings report. S&T Bancorp reported earnings of $3.46 per share and $135 million in net income for the FYE 2022, which represented a 23% increase from 2021.
Absolute NNN Ground Lease with Zero Responsibilities | S&T Bank is operating under an absolute NNN ground lease that carries no landlord responsibilities, allowing an investor to purchase a completely hands off investment asset.
High Quality Building with Multiple Drive-Thrus | Integrity Bank was purchased by S&T Bank in 2015, and S&T Bank invested a significant amount of capital renovating the building.
Located off Two Major Highway Systems | Property is well located off of Interstate 83 (±85,000 VPD) and Interstate 81 (±82,000 VPD), which drive traffic to the area and help prop up the long term residual value of the real estate.
