Suntrust – NNN – Wildwood, FL

  • Price: US $1,960,723
  • Property Type: Free Standing (1 Tenant)
  • Occupancy: 100%
  • CAP: 58%
  • Building Area: 3,793 SF = 352 m2
  • Lot: 47 AC = 5,948 m2
  • NOI: US $109,457 / year
  • Annual Expenses: 0 (Zero) NNN – Tenant responsible for all expenses including insurance and property tax
  • Contract Terms: 10 years remaining on contract
  • Increases: 5% annual incresases on initial terms and options
  • Extensions:  6 – 5  years options.
  • Guarantor: Corporate Guarantee – SunTrust Banks, Inc. (SunTrust Bank is one of the leading financial 
  • Institutions featuring Total Assets of $205 Billion and Total Deposits of $162B as of March 2018.)
  • Extra:Ranked #303 on Fortune 500 List. S&P Investment Grade Credit Rating of “A-”.
  • Location: Wildwood is located in Sumter County, Florida and is positioned at the juncture of Interstate 75,
  • Florida’s Turnpike, State Road 44, and U.S. Highway 301.