Listed by Newmark | Orange County - Irvine
$3,900,000
Bank of America - Murfreesboro, TN
Details
Property Type Retail
Sub Type Bank
Square Footage 4,190
Cap Rate 5%
NOI $195,000
Tenancy Single
Lease Type Absolute NNN
Lease Term 15
Remaining Term 15
Rent Bumps Yes
Lease Options 10 (5-Year)
Price per SqFt $931
Class A
Year Built 2026
Acreage 1.110
Investment Type Net Lease
Tenant Credit Credit Rated
Lease Commencement 10/01/2026
Ground Lease Yes
Sale Condition For sale by owner
SINGLE-TENANT NEW CONSTRUCTION BANK OF AMERICA (S&P: A-) IN NASHVILLE MSA
Investment highlights
- Single-Tenant Bank of America (S&P: A-) Outparcel | 2nd Largest Bank in the U.S. | 3,700 Bank Branches Nationwide / 15,000 ATMs | World's 26th Most Valuable Company by Market Cap (as of April-2026)
- 2026 Construction | 15-Year Primary Term | Fixed 10.00% Rental Increases Every 5 Years | Ten (10 ) Five-Year Options Remaining | Extremely Passive Absolute NNN Ground Lease
- High Traffic Location on Old Fort Parkway (39,000 VPD) | Outparcel Fronting Major Thoroughfare in Regional Retail Node of 3M+ SF | Proximity to Major National Retailers
- Explosive Growth in the Nashville MSA (479,300+ Population Growth Since 2010) | Booming Submarket of Murfreesboro (2.3% Annual Population Growth) | 28.8 Miles from Downtown Nashville
Listing Contacts
Listed by Newmark | Orange County - Irvine
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$195,000.00
$16,250.00/mo
Valuation Metrics
0
DSCR
5%
Cap Rate
5%
ROI
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