4830 Penn AveWernersville, PA 19608

Property Details for 4830 Penn Ave

Year built

1998

Lot size

0.77 AC

Property size (Sq ft)

3,575 SF

Property type

Retail properties

Property subtype

Other retail properties

Description

This exceptional investment opportunity presents a single-tenant, net-leased retail property occupied by an M&T Bank branch located at 4830 Penn Ave, Sinking Spring, PA 19608, in Berks County. The 3,575 square foot building sits on a 0.77-acre lot and was constructed in 1998. Currently operating at 100% occupancy, this bank branch boasts a remarkable history, having operated continuously since August 1998, initially as a Bank of Pennsylvania branch (a division of Dauphin Deposit Bank & Trust) before M&T Bank assumed control in 2003 following the acquisition of Dauphin Deposit Bank & Trust. The property benefits from an absolute NNN lease structure, eliminating all landlord responsibilities. Financial performance is exceptionally strong, with the branch reporting over $118 million in deposits in 2024, the highest among the 11 M&T Bank branches in Berks County. This represents a stable, long-term investment with a proven track record of success spanning over 25 years. The property's prime location in Sinking Spring, near Reading, Pennsylvania, ensures high visibility and accessibility. This is a rare opportunity to acquire a high-performing, net-leased asset with significant long-term potential.

Location Insight

City

Wernersville

County

Berks

State

Pennsylvania

Latitude

40.3264

Longitude

-76.0513

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