BankUnited Absolute Triple Net 4406 West Lake Mary Boulevard, Lake Mary, FL Cap Rate 6.25% Lake Mary Center (Lake Mary, Florida, US ) Built

$3,432,000 USD
Dollars

BAI-MEX Bienes Raíces y Negocios

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  • Type: Commercial
  • Style: Commercial
  • Size: 2,579 sq. ft.
  • Development Level: Built
  • Lot Size: 0.78 acres
  • Year Built: 2012

Description

BankUnited Absolute Triple Net 4406 West Lake Mary Boulevard, Lake Mary, FL Cap Rate 6.25%

Cap Rate: 6.25%
NOI: $214,500
Building Size: 2,579 sqft
Lot Area: 0.78 acres
Lease Type: Absolute Net
Year Built: 1994
Price Per Sqft: $1,330.75
Year Last Renovated: 2012
Roof & Structure: Tenant’s Responsibility
HVAC: Tenant’s Responsibility
Repairs & Maintenance: Tenant’s Responsibility

DESCRIPTION
Sands Investment Group is Pleased to Present Exclusively For Sale the Absolute Triple Net (NNN) BankUnited Branch Located in an Affluent and Desirable Area of Lake Mary, FL. With Consistent Year-Over-Year Deposit Increases and Over 6 Years Remaining on a Corporate Backed Lease, This Investment Provides an Attractive and Stable Asset.

HIGHLIGHTS
• Corporately Backed, Absolute Triple Net (NNN) Lease With Over 6 Years Remaining and Three (3) 5 Year Options
• Branch Has Remained Open Throughout COVID-19 Through the Use of the Drive-Thru Which is Only Slightly Affecting the Business Hours
• Out of the Top 25 Florida Based Banks, BankUnited Currently Has the 2nd Highest Deposit and Asset Amounts (iBanknet)
• Property Contains 33 Parking Spaces, Providing Ample Space For Customers
• Building Was Constructed in 1994 and Completely Renovated in 2012
• The BankUnited is Subject to Over 58,400 Vehicles Per Day, Providing Excellent Exposure
• Immediate Area Has Experienced Over 17% Population Growth Within the Last Ten Years, With Future Growth Expected
• The Orlando MSA Led the Nation in Job Growth For Four Consecutive Years From 2015 Through 2018 (Bureau of Labor Statistics)
• The Area is Home to a Multitude of National Company Headquarters Including: the American Automobile Association (AAA) and Dixon Ticonderoga, One of the World’s Largest
Pencil and Art Supplies Producers.

For more information:
Javier Tamez Martínez.
jtamez@bai-mex.com
Celular: +52 (81) 1599 75 36
# ID de Propiedad: 358038156
Podemos encontrar propiedades comerciales e industriales para invertir en cualquier ciudad y estado de estados unidos.

Attachments

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Information is deemed to be correct but not guaranteed.