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200 W Lancaster Ave
Frazer, PA 19355

$2,916,666 USD

Bank For Sale  •  7,651 SF

Property Details

  • Property Type Bank
  • Total Building Size 7,651 SF
  • Lot Size 1.1 AC
  • Building Class C
  • Year Built 1992
  • Cap Rate 6.00 %
  • Tenancy Single
  • Zoning C4, E Whiteland TWP
30 Transit Score
40 Walk Score

Highlights

The 5-year extension begins February 9, 2026. The lease includes 15% rental increases every five years, with the next escalation set for January 2026
Strong commitment to this location—not only did Key Bank renew their lease, but they did so early and with zero concessions
3 drive-thru lanes and positioned at a signalized hard corner with multiple points of ingress and egress
Located in the wealthiest county in Pennsylvania–Avg. household income exceeding $200,000 within a one-mile radius
Located on Lancaster Ave (Route 30) with 13,000+ VPD & located across from Lincoln Court Shopping Center (1.5M visitors per year)
This build-to-suit structure offers potential tax advantages through depreciation
Cap Rate: 6.00 %

Major Tenants

Tenant SF Occupied Lease End Date
KeyBank 2/28/2031

Public Transportation

Commuter RailDriveWalkDistance
Malvern (R5 - Southeastern Pennsylvania Transportation Authority Regional Rail (SEPTA Regional Rail)) 5 min - 2.0 mi
Paoli (R5 - Southeastern Pennsylvania Transportation Authority Regional Rail (SEPTA Regional Rail)) 7 min - 3.2 mi
AirportDriveWalkDistance
Philadelphia International 45 min - 25.2 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 37
Type: Surface
Included in Rent: Yes
Matthew Gorman 215-603-6914 CBRE, Inc.
Matthew Gorman 215-603-6914 CBRE, Inc.