Property

Key Property HighlightsPurchase Price: $489,865Cap Rate: 5.40 Tenant: Bank of America (national credit tenant)Lease Type: NNN (Landlord currently responsible for real estate taxes)Current Rent: $2,420/month ($29,040 annually)Rental Increase: Increases to $2,662/month ($31,944 annually) beginning 05/11/2027Lease Term: In 4th renewal term, expiring 05/10/2027Final Renewal Option: 05/11/2027 - 05/10/2032Taxes: $2,552.40 annually (paid by Landlord)Lot Size: 0.36 acresZoning: General BusinessTraffic Count: +/-17,700 VPDUpside Potential: Redevelopment or repositioning opportunity upon lease expiration.