9005 State Road 52 - Bank FOR SALE


Hudson, FL 34669
$6,200,000 USD
786-522-7013
9005 State Road 52, Hudson, FL for Sale
$6,200,000 USD
Bank - FOR SALE
1/1
null | 6.42% Cap Rate

9005 State Road 52
Hudson, FL 34669


HIGHLIGHTS

  • Truist Bank with more than Five Years Remaining on the Absolute NNN Lease
  • Corporate Guarantee | Investment Grade Tenant | S&P Credit Rating: A
  • Two Percent Annual Increases in Rent
  • Large 1.01 Acre Lot on a Signalized Hard Corner Intersection with Traffic Counts Exceeding 78k Vehicles per Day
  • Located in Front of a Brand New ALDI Market and Next to a Brand New Wawa
  • Strong Bank Deposits Exceeding $65 Million Per Year

OVERVIEW

Marcus & Millichap is pleased to present for sale this Truist Bank located in Hudson, Florida. Positioned at the hard corner signalized intersection of State Road 52 and Little Road, the property benefits from exceptional visibility and traffic counts exceeding 78k vehicles per day. This 4,640-square-foot bank branch sits on a sizable 1.01- acre parcel. The branch has maintained a strong and stable presence at this location since 2005, with most recent reported deposits exceeding $65 million. Hudson is located approximately 30 miles north of Tampa, Florida. Tampa is a major metropolitan hub and the county seat of Hillsborough County. Situated along the west coast of Florida on Tampa Bay near the Gulf of Mexico, Tampa anchors the “Tampa Bay Area,” a region home to over four million residents. This area serves as West Central Florida’s core for government, commerce, communications, business, healthcare, research, sports, and entertainment. The region is home to several Fortune 1000 companies, including OSI Restaurant Partners, WellCare, TECO Energy, and Raymond James Financial. Finance, insurance, and real estate sectors—led by firms such as Raymond James Financial and JPMorgan Chase—employ nearly 100,000 individuals. In addition, medical technology companies like Bausch & Lomb, Baxter Healthcare Corp., and Transitions Optical employ over 10,000 people locally. Tampa’s healthcare sector is further supported by CAMLS, one of the world’s most advanced medical simulation training centers. Truist Bank (S&P: A), a subsidiary of Truist Financial Corporation (NYSE: TFC), is one of the largest financial institutions in the United States. Formed through the merger of BB&T and SunTrust in 2019, Truist is headquartered in Charlotte, NC, and operates a robust network of approximately 2,100 branches and more than 3,000 ATMs across multiple states. The company manages over $535 billion in assets and provides a comprehensive range of retail, commercial, and wealth management services, making it a strong and stable investment-grade tenant. Truist Insurance Holdings is also the seventh-largest insurance broker globally, generating $2.27 billion in annual revenue.

FOR SALE DETAILS

PRICE

$6,200,000 USD

PRICE/SF

$1,336 USD /SF

CAP RATE

6.42%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Bank

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1978

SPRINKLERS

-

PARKING SPACES

20

LAND DETAILS

LAND ACRES

1.01 AC

LAND SF

43,996 SF

ZONING

C2, County

APN/PARCEL ID

01-25-16-0090-02700-0000

ASK ABOUT THIS PROPERTY

Ronnie IssenbergMarcus & MillichapMore Info
786-522-7013

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Ronnie IssenbergMarcus & MillichapMore Info
786-522-7013

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