Suntrust – NNN / Beverly Hills, FL

• • Price: US $2,475,829
  • Property Type: Free Standing (1 Tenant)
  • Occupancy: 100%
  • CAP: 85%
  • Building Area: 4,664 SF = 433 m²
  • Lot: 89 AC = 3,601 m²
  • NOI: US $144,836 / year
  • Annual Expenses: 0 (Zero) NNN – Tenant responsible for all expenses including insurance and property tax
  • Contract Terms: 10+ years remaining on contract (Expiring September 2028)
  • Increases: 5% annually
  • Extensions: 6 – 5  years options.
  • Guarantor: Corporate – SunTrust Bank. (1,400 locations and 2017 deposits of $162 Billion – BBB+ rated
  • 303 on Fortune 500 Second highest deposits for any bank in Beverly Hills )
  • Location: The location offers good visibility and access along N Lecanto Hwy, a major north-south artery with over 27,500 vehicles per day