SunTrust Bank | Absolute NNN | Tampa Bay

Reduced

PRICE: $7,340,000
CAP RATE: 6.00%
NOI: $440,560
RENTABLE SQFT: 7,510
YEAR BUILT: 1977/2005
LOT SIZE: 3.50 +/- Acres
LEASE TYPE: Absolute NNN
TYPE OF OWNERSHIP: Fee Simple

 

  • 7 Years Remaining, Absolute NNN Lease
  • 3% Annual Increases
  • Rated BBB+ by S&P, Investment Grade Credit
  • $47 Million in Deposits, Upward Trending
  • 6.21% Blended Cap Rate Over Remaining Term
  • 27 Miles to Downtown Tampa
  • 132,989 Residents in Growing Trade Area
  • Highly Visible to 77,000 Cars/Day, Major North/South Artery in Florida
  • Hard Corner Location on 3.5 Acres
  • Down the Street from Home Depot, Publix, Aldi, and Winn Dixie Anchored Centers
  • 41,676 Employees within 5 Miles, Strong Daytime Population
  • Close Proximity to 5,500 Student at Several K-12 Schools
Price:$7,340,000
City:Tampa
State:FL
Zip Code:34691
Year Built:1977/2005
Square Feet:7,510
Lot Square Feet:152,460
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