Bank of America Triple Net Lease 500 West Innes Street, Salisbury, NC Cap Rate 5.5% Salisbury ( North Carolina, US ) Built

$1,885,218 USD
Dollars

BAI-MEX Bienes Raíces y Negocios

  • Type: Commercial
  • Style: Commercial
  • Size: 5,681 sq. ft.
  • Development Level: Built
  • Lot Size: 0.92 acres
  • Year Built: 1983

Description

Bank of America Triple Net Lease 500 West Innes Street, Salisbury, NC Cap Rate 5.5%

Cap Rate: 5.5%
NOI: $103,687
Building Size: 5,681 sqft
Lot Area: 0.92 acres
Lease Type: Triple Net
Year Built: 1983
Price Per Sqft: $331.85
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 5,681 SF Bank of America Located on 500 W Innes Street in Salisbury, NC. This Deal Includes Approximately 3 Years Remaining on a Triple Net (NNN) Lease With Zero Landlord Responsibility, Providing For a Great Investment.

HIGHLIGHTS
• Approximately 3 Years Remaining on a Triple Net (NNN) Lease With Zero Landlord Responsibility
• Bank of America is the 2nd Largest Bank in the U.S. With Over $2 Trillion in Assets and Investment Grade Credit Rating of A- (S&P)
• Bank of America Has Been Headquartered in Charlotte, NC, Since 1999
• This is the Only Bank of America Branch in Salisbury
• Located Near the Salisbury Park, Rowan Regional Medical Center Path, Salisbury High School and the Kelsey Park
• Property is Strategically Situated Directly Off of Interstate 85 Which Sees Over 84,400 VPD
• Salisbury is Located Within 40-Miles of the Charlotte Metropolitan Statistical Area
• Within Walking Distance of Downtown Salisbury
• About 0.8-Miles From Livingstone College Which Had 1,122 Students Enrolled in 2019
• Nearby Tenants Include: Family Dollar, ALDI, YMCA, AutoZone, Burger King, Taco Bell, McDonald’s, Big Lots, Walgreens, Walmart Supercenter and More

For more information:
Javier Tamez Martínez.
jtamez@bai-mex.com
Celular: +52 (81) 1599 75 36
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.