3880 Lavista Rd - Bank FOR SALE


Tucker, GA 30084- Northlake
$3,071,000 USD
760-720-5449
3880 Lavista Rd, Tucker, GA for Sale
$3,071,000 USD
Bank - FOR SALE
1/8
null | 6% Cap Rate

3880 Lavista Rd
Tucker, GA 30084
Northlake


HIGHLIGHTS

  • New 5 Year Extension | Option To Extend | Scheduled Rental Increases | Investment Grade Tenant
  • Absolute NNN | Fee Simple Ownership | Zero Landlord Responsibilities
  • Briarcliff Village (189,000 SF) | Drive-Thru Lane Equipped |Tucker Meridian (207,000 SF) | Primary Retail Corridor
  • Strong Demographics in 5-Mile Trade Area

OVERVIEW

SRS National Net Lease Group is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in an absolute NNN, investment grade (S&P: A-), corporate signed, drive-thru equipped, Regions Bank investment property located in Tucker, Georgia (Atlanta MSA). The tenant has aproximately 5.5 years remaining on their current lease with 1 (5-year) option to extend. The lease features 1% annual rental increases throughout the initial term, and will have Fair Market Value rental increases in the remaining option period. The lease is absolute NNN with zero landlord responsibilities making it an ideal, management-free investment opportunity for a passive investor. According to the FDIC, brand deposits have steadily increased over the past few years to over $47 Million (+33% since 2022, +68% since 2019).

FOR SALE DETAILS

PRICE

$3,071,000 USD

PRICE/SF

$776 USD /SF

CAP RATE

6%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Regions Bank | Recent Extension | S&P: A-

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Bank

ADD'L SUBTYPES

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2002

SPRINKLERS

-

PARKING SPACES

37

LAND DETAILS

LAND ACRES

1.32 AC

LAND SF

57,499 SF

ZONING

Commercial

APN/PARCEL ID

18-190-01-013

ASK ABOUT THIS PROPERTY

Greg LabarreSRS Real Estate PartnersMore Info
760-720-5449

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Greg LabarreSRS Real Estate PartnersMore Info
760-720-5449

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