Lowest Cap Rate
5.47%
Lowest Cap Rate over past 24 months
Average Cap Rate
6.45%
12 mo avg with 5+ yr lease term
Average Cap Rate calculated if 3+ comps are available over past 12 months
Quarter Cap Rate
Low Transaction Volume
Contact for Details
Contact for Details
Average Cap Rate over previous quarter
Average Quarter Cap Rates calculated over prior full quarter, irrespective of term length
Overview
Citizens Bank is a retail bank offering an array of services, with 1,808 branches primarily in the Mid-Atlantic and New England regions. Leases offered by Citizens Bank are typically 15 year terms, and with rental escalations typically 10% every 5 years. Average sales price ranges from $3M to $6M.
Property & Lease
Sales Price Range$3,000,000 - $6,000,000
NOI Range$125,000 - $300,000
Building SF4,000
Lease Term15 Years
Escalations10% Every 5 Years
Stock SymbolNYSE:CFG
Credit Rating
S&PA-
Moody'sBaa1
Cap Rate By Region
Average regional cap rates calculated over past 24 months, irrespective of term length
6
N/A
5.73
N/A
N/A
6
*Regional cap rates calculated from sales data available over the past 24 months, irrespective of remaining term.
Financial Fundamentals
- Overview
- Cap Rate By Region
- Financial Fundamentals
- Stock Analysis
Recent Sales Comps
Philadelphia, PA7.30%
Parma, OH6.50%
Visalia, CA6.00%
Top Consumer Traffic
Philadelphia, PA244,500*
N. Attleboro, MA238,700*
Center City Philly, PA230,900*
Provided by Placer.ai
*Indicates ranking may be skewed due to limited data
