NET LEASED KEY BANK PROPERTY SOLD

NET LEASED KEY BANK PROPERTY SOLD Invest Commercial, a net leased investment brokerage firm, has completed the sale of a single tenant Key Bank property located at 110 Genesee Street in Auburn, New York for $1,925,000. The 13,000 Sq. Ft. building is located in the middle of the downtown Auburn business district. There are 12 years left on the base lease term and the branch deposits are in excess of $125M. The net lease features minimal landlord responsibilities and has a full corporate guarantee. The branch was formerly First Niagara Bank, which was recently acquired by Key Bank. Frank Caporrino, President of Invest Commercial, represented the buyer and Clem Cesare, Vice President of Invest

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