Bank of America
Retail | 5.00% CAP | 4,300 SqFt
Investment highlights
ZERO LANDLORD RESPONSIBILITIES: Long term absolute NNN ground lease allowing for passive ownership.
ATTRACTIVE RENT GROWTH: Featuring 10% rental escalations every five (5) years throughout the term and eight (8) tenant extension options, delivering built-in inflation protection and long-term income visibility.
CINCINNATI MSA LOCATION: Situated in a dense Cincinnati MSA submarket with limited infill opportunities, supporting long-term tenant demand.
STRONG CORPORATE LEASE: Bank of America the second largest bank in the U.S., with total deposits exceeding $1 trillion and approximately 3,600 financial centers.
EXCELLENT LOCAL DEMOGRAPHICS: Located in an affluent trade area with average household incomes of approximately $122,600 within a one-mile radius, supporting strong and consistent tenant performance.
PRIME LOCATION: Situated along Buttermilk Pike, a major commuter corridor, the property benefits from excellent visibility and traffic counts of approximately 34,000 vehicles per day.
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