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301 Colonial Rd
Harrisburg, PA 17109 Progress/Colonial Park

$2,300,000 USD

Bank For Sale  •  3,382 SF

Property Details

• Property Type Bank
• Total Building Size 3,382 SF
• Lot Size 0.82 AC
• Building Class C
• Year Built 2007
• Cap Rate 6.87 %
• Tenancy Single

0 Transit Score

63 Walk Score

Highlights

Zero Landlord Responsibilities in This Ground Lease

Over 3 Years Remain on a Corporately Backed Lease

National Retailers Located Nearby: Costco, Target, Longhorn Steakhouse, Blaze Pizza, Red Lobster, Buffalo Wild Wings and Chick-fil-A

Lease Features Attractive Annual Rent Increases of 12.5% Every 5 Years

Outparcel of the Famous Colonial Park Mall That Was Just Purchased By a New Owner, Signaling Optimism For Mall Revitalization

S&T Bank is One of the Largest Banks in Pennsylvania With Over $9.5B in Assets and 75 Branches Across PA, OH, Etc.

Cap Rate:

6.87 %

Major Tenants

Tenant	SF Occupied	Lease End Date
S&T Bank	3,382 SF	8/30/2028

Amenities

• Corner Lot
• Freeway Visibility

Public Transportation

Commuter Rail	Drive	Walk	Distance
Harrisburg (Keystone Service - Amtrak, Pennsylvanian - Amtrak)	11 min	-	5.1 mi
Airport	Drive	Walk	Distance
Harrisburg International	17 min	-	10.9 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	13
Type:	Surface
Included in Rent:	Yes