Citizens Bank

Stock Price
Tenant News
Average Cap Rate Trend
12 mo avg with 10+ yr lease term (*Please Note Data Points Are Approximated & Based On Opinion*)
Average Sale Data & Lease Structure
Avg. Sale Price$2,000,000
Avg. Annual Rental Income$135,000
Avg. Price/SF$500/SF
Typical Lease TypeTriple Net
Typical Lease Term10 Years
Typical Lease Escalations1% Annually
Credit Rating
S & PA -

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Tenant Description

Originally founded in 1828, Citizens Financial Group, Inc. is one of the nation’s largest financial institutions. It provides mobile and online banking, 24/7 customer contact center, and the convenience of 3,500+ ATMs and 1,200+ branches in 10+ states. The majority of locations are found in New England, Mid-Atlantic and Midwest regions. Although it is one of the oldest banking institutions, it was until November 2015 that Citizens Financial Group became a fully independent publicly traded company.

What To Look For When Buying A Citizen’s Bank

What are the total deposits at this location? Many think that physical bank branches are being strongly effected by online banking. You can look up any individual bank branch deposits at the FDIC website

What We Like About Citizens Bank

Corporate Guarantee, Annual Rental Increases


Chase, Bank Of America, Wells Fargo

Citizens Bank Website

Corporate Office Location

One Citizens Plaza – Providence, Rhode Island 02903

Fast Facts

Citizens Bank was established in 1828 as High Street Bank in Providence, Rhode Island

Citizens Bank joined the Fortune 500 for the first time in October 2015 and is currently ranked #419 (as of 2019)

Citizens Bank is currently ranked as the 13th largest retail bank in the United States

Citizens Bank Park is a Major League Baseball sporting venue in Philadelphia, Pennsylvania. It is the home of the Major League Baseball team called the Philadelphia Phillies.

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