Listed by Elite International Realty
$5,580,000
Banco Do Brasil Americas Triple Net (NNN) Commercial
Details
Property Type Retail, Office
Sub Type Bank
Square Footage 3,496
Net Rentable (SqFt) 3,496
Units 1
Cap Rate 4.85%
NOI $270,670
Occupancy 100%
Tenancy Single
Lease Type Absolute NNN
Lease Expiration 10/31/2027
Rent Bumps Yes
Lease Options Three (3), Two (2) year options
Class B
Year Built 1930
Year Renovated 2017
Acreage 0.200
Zoning B2 Commercial General
Investment Type Net Lease
Tenant Credit Corporate Guarantee
Ground Lease No
Sale Condition 1031 exchange
Retail | 4.85% CAP | 3,496 SqFt
Marketing description
Banco do Brasil Americas operates four branches in Florida and is backed by Banco do Brasil's 200+ years of global banking experience. Since 2012, it has offered personal, business, and lending services in English, Portuguese, and Spanish.
Investment highlights
- Property tax, insurance, repairs, and maintenance
- Long-term lease
- Increasing rent over the lease term
- No management necessary
Listing Contacts
Listed by Elite International Realty
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$270,670.00
$22,555.83/mo
Valuation Metrics
0
DSCR
4.85%
Cap Rate
4.85%
ROI
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