NNN SunTrust Bank Sebring FL

• Price: US $ 1,972,313
• Property Type: Free standing                       
• Occupancy: 100%
• CAP: 5.75 %
• Building Area: approx.  SF 3,401 = 316 m²
• Lot:  approx.  1.45 acres = 5868 m²
• NOI: US $111,732.45
• Annual Expenses: 0 (Zero) NNN- Tenant responsible for all expenses including property tax, insurance and maintenance
• Contract Terms: 10 years until 3/31/2028
• Increases: 1.5% Annually
• Extensions: 2 – 5 years’ options 1.5% increase of rent annually and 4-5 years’ option at FMV (fair Market Value)
• Guarantor: SunTrust Corporate (NYSE: STI) is the holding company and publicly traded side of SunTrust Bank, one of the country’s biggest regional banks.
• Location: Signalized corner location. 42,000 VPD pass