Listed by Southern Commercial Real Estate, LLC
$1,395,000
Truist Bank Ground Lease
Details
Property Type Retail
Sub Type Bank
Square Footage 3,058
Cap Rate 4.98%
NOI $69,534
Tenancy Single
Price per SqFt $456
Acreage 1.100
Zoning Office and Institutional
Ground Lease No
Retail | 4.98% CAP | 3,058 SqFt
Marketing description
Well located bank building located directly across from Piedmont Medical Center
Investment highlights
- Ground Lease for free standing bank branch
- 5+ years remaining with options to renew
- Building is approx. 3,058 SF
- 1,.10 Acre site on corner across from Piedmont Medical Center
- Adjacent property at 1665 Herlong CT is also available. Parcels may be purchased together.
Listing Contacts
Listed by Southern Commercial Real Estate, LLC
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$69,534.00
$5,794.50/mo
Valuation Metrics
0
DSCR
4.98%
Cap Rate
4.98%
ROI
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