Property Details

SunTrust Bank

Memphis, TN
Property ID: 8276

Financial Summary

Asking Price $600,000
Cap Rate 6.00%
Net Operating Income (NOI) $36,000
Lease Type Ground Lease
Lease Term Remaining 4+ Years
Increases 3% Annually
The Offering Memorandum for this property is no longer available.

Contact

Sheree Strome, CCIM
Director
404.900.5629
Keelee Peterson
Director
404.492.9469

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Highlights

  • Established banking location
  • Corporate lease with 3% annual increases
  • High traffic counts
  • Low rent per square foot
  • No landlord responsibilities

Net Lease Advisor

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

Location

4700 Knight Arnold Road
Memphis, TN

Traci BidingerSunTrust Bank