Property Details

Citibank (Cadence Bank)

Tampa, FL
Property ID: 2124

Financial Summary

Asking Price $3,950,000
Cap Rate 6.95%
Net Operating Income (NOI) $274,273
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
Scott Campbell
Director
703.787.4714

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Highlights

  • Absolute NNN lease guaranteed by Citibank, N.A.
  • Cadence Bank is current sub-tenant with 80 locations and $8.1B in assets
  • Strong deposits of $85M+ as of June 2017
  • Great demographics: 97,728 people within 3 miles and average income of $92,437

Location

11790 N Dale Mabry Hwy
Tampa, FL

Traci BidingerCitibank (Cadence Bank)