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404 Hamric Drive E - BB&T, Oxford, AL

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404 Hamric Drive E - BB&T

Oxford, AL 36203-2449

Property Type:Retail Sub Type:Bank Status:Existing Year Built:1979
Building Size:10,000 SF Land Area:1.91 AC (83,173 SF)
For Sale Price:$3,805,000 Price/SF:$380.50
Cap Rate:7.50 %

Sale Notes:
Charles Dunn Company is pleased to present an Exclusive Investment Offering for a single-tenant Retail bank building located at 404 Hamric Drive, Oxford, AL 36203 (the Property ). The Property is currently leased to BB&T ( Tenant ).

*The Property has the 5th highest deposit base in Alabama out of 86 branches
*2016 deposit base of $96 million
*The Property has been used as a retail bank branch for 37 years
*BB&T operates 2,200 financial centers in 15 states
*The Lease Agreement is Absolute Net based on exact wording of the Lease
*One mile from the Quintard Mall (±720,000 square feet of retail space)

Charles Dunn Company, Inc.
Kyle Gulock
(310) 492-8416

Matt Kramer
(424) 653-1803

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