Property Details

BB&T

Orlando, FL
Property ID: 2991

Financial Summary

Asking Price $3,480,000
Cap Rate 4.50%
Net Operating Income (NOI) $156,573
Lease Type Ground Lease, NNN
Lease Term Remaining 11 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

  • Rare 3% annual rent increases
  • Affluent Lake Nona market-average HH income of $110,214 within 3 miles
  • Outparcel to Publix anchored shopping center
  • Brand new construction in 2015
  • Lake Nona is premier 11 square mile master planned community
  • Investment grade credit S&P: A-
  • Can be purchased with adjacent Wells Fargo branch

Net Lease Advisor

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

Location

10745 Narcoossee Rd
Orlando, FL

Traci BidingerBB&T