Property Details

Bank of America

Memphis, TN
Property ID: 2120

Financial Summary

Asking Price $1,598,755
Cap Rate 6.75%
Net Operating Income (NOI) $107,916
Lease Type NNN
Lease Term Remaining 5 Years
The Offering Memorandum for this property is no longer available.

Contact

Patrick R. Nutt
Managing Partner
703.787.4714

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Highlights

  • Corporate Bank of America absolute NNN lease
  • Strong deposits ($46 Million)
  • Longevity and commitment from tenant at this location
  • High visibility at signalized intersection
  • Located near University of Memphis

Net Lease Advisor

For more information on this tenant, including averages, overview and credit ratings, visit NetLeaseAdvisor.com.

Location

3945 Park Avenue
Memphis, TN

Traci BidingerBank of America