105 W Parker St - Bank FOR SALE


Baxley, GA 31513
$2,334,671 USD
332-345-4222
105 W Parker St, Baxley, GA for Sale
$2,334,671 USD
Bank - FOR SALE
1/2
null | 7% Cap Rate

105 W Parker St
Baxley, GA 31513


HIGHLIGHTS

  • Strong Corporate Guarantee
  • Diversified Revenue and Strong Retail Banking Performance
  • Attractive Rent Increases

OVERVIEW

NNN Pro is pleased to present the exclusive listing for a Truist Bank located at 105 W Parker St, Baxley, GA 31513. The site consists of roughly 8,628 rentable square feet of building space on an estimated 1.25-acre parcel of land. This Truist Bank is subject to a Truist Bank-year Triple Net (NNN) lease, which commenced 3/28/2008. The current annual rent is $163,427 and has scheduled increases of 1.50% annually.

FOR SALE DETAILS

PRICE

$2,334,671 USD

PRICE/SF

$271 USD /SF

CAP RATE

7%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Truist Bank

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Bank

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1966

SPRINKLERS

-

PARKING SPACES

32

LAND DETAILS

LAND ACRES

1.25 AC

LAND SF

54,450 SF

ZONING

COMMERCIAL LOT (C3)

APN/PARCEL ID

E003-112

ASK ABOUT THIS PROPERTY

Glen KunofskyNNN Pro GroupMore Info
332-345-4222

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Glen KunofskyNNN Pro GroupMore Info
332-345-4222

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.