2318 James L Redman Pky - Bank FOR SALE
Plant City, FL 33563 |
$1,733,821 USD
332-900-5769
2318 James L Redman Pky
Plant City, FL 33563
HIGHLIGHTS
- Absolute NNN Lease – Tenant is responsible for all expenses, providing investors with a true passive income opportunity and zero landlord obligations.
- High-Capacity Site Design – Built in 1987, the property features five drive-thru lanes, enhancing operational efficiency and customer convenience.
- Early Lease Extension – Approximately six years remain on the original term, with only one (1) five-year renewal option remaining.
- Strong Deposits – The Subject Property reported deposits of $200,256,000 for the fiscal year of 2024.
- Ideal Local Demographics – Average household income within a one-mile radius exceeds $75,900 indicating a solid consumer base.
- Superior Visibility and Access – Situated on approximately ±0.63 acres with direct frontage along James L Redman Parkway.
FOR SALE DETAILS
PRICE
$1,733,821 USD
PRICE/SF
$363 USD /SF
CAP RATE
5.5%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
TRUIST
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Bank
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
1987
SPRINKLERS
-
PARKING SPACES
10
LAND DETAILS
LAND ACRES
0.64 AC
LAND SF
27,878 SF
ZONING
C-U
APN/PARCEL ID
P-04-29-22-5W2-000000-00003.0
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332-900-5769
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332-900-5769
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