261 N Fayetteville St - Bank FOR SALE
Asheboro, NC 27203 |
261 N Fayetteville St
Asheboro, NC 27203
HIGHLIGHTS
- Corporate Guarantee – The lease is corporately guaranteed by Truist Financial Corporation, the 9th largest bank in the US after the merger
- Truist Financial Corporation (NYSE: TFC) boasts an A- credit rating (S&P) with over 2,700 locations nationwide and over $555 billion in assets.
- Absolute NNN Lease – Tenant is responsible for the direct payment of all taxes, insurance, and common area maintenance associated with the property
- Strong Performance – From June 2022 to June 2023, this location posted deposits of over $211 MM, which is far above the national average.
- Recent Consolidation – Recently, Truist corporate consolidated their other branch in Asheboro, NC directly across the street
FOR SALE DETAILS
PRICE
-
CAP RATE
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% LEASED
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TENANCY
-
BUILDING DETAILS
PROPERTY NAME
Truist Bank
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Bank
TOTAL BUILDING SIZE
11088
STORIES
2
YEAR BUILT
1988
SPRINKLERS
-
PARKING SPACES
30
LAND DETAILS
LAND ACRES
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LAND SF
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ZONING
-
APN/PARCEL ID
7751-83-3904
