4240 W Lake Mary Blvd - Bank FOR SALE
Lake Mary, FL 32746 |
$6,700,000 USD
972-755-5207
4240 W Lake Mary Blvd
Lake Mary, FL 32746
HIGHLIGHTS
- Absolute Net Lease with 7.8 Years Remaining and Annual 1.5% Rent Increases
- Top-Performing Branch - $268M in Deposits
- Large 1.73 Acre Parcel with Ample Parking and Multiple Access Points
- Signalized Hard Corner Location on West Lake Mary Boulevard (55,181 VPD) With Easy Access to Interstate 4 (126,339 VPD)
- More Than 144,431 Residents and 190,306 Employees Within a Five-Mile Radius
- Large 1.73-Acre Parcel Located on High-Traffic Signalized Hard Corner, Providing Strong Intrinsic Value
OVERVIEW
Offered for sale is the opportunity to acquire an absolute net lease Truist in Lake Mary, FL. The property consists of a 8,515-square-foot, freestanding building that sits on approximately 1.73 acres of land. There are 7.8 years remaining on the lease with 1.5% rental increases annually.
Ryan Nee
Florida Broker of Record
5900 N Andrews Ave., Ste. 100
Fort Lauderdale, FL 33309
(954) 245-3400
Lic #: BK3154667
FOR SALE DETAILS
PRICE
$6,700,000 USD
PRICE/SF
$787 USD /SF
CAP RATE
5.63%
% 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
-
LAND DETAILS
LAND ACRES
1.73 AC
LAND SF
75,359 SF
ZONING
C-1
APN/PARCEL ID
07-20-30-508-0000-0010
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972-755-5207
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972-755-5207
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