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