Suntrust – NNN – Wildwood, FL
- Price: US $1,960,723
- Property Type: Free Standing (1 Tenant)
- Occupancy: 100%
- CAP: 58%
- Building Area: 3,793 SF = 352 m2
- Lot: 47 AC = 5,948 m2
- NOI: US $109,457 / year
- Annual Expenses: 0 (Zero) NNN – Tenant responsible for all expenses including insurance and property tax
- Contract Terms: 10 years remaining on contract
- Increases: 5% annual incresases on initial terms and options
- Extensions: 6 – 5 years options.
- Guarantor: Corporate Guarantee – SunTrust Banks, Inc. (SunTrust Bank is one of the leading financial
- Institutions featuring Total Assets of $205 Billion and Total Deposits of $162B as of March 2018.)
- Extra:Ranked #303 on Fortune 500 List. S&P Investment Grade Credit Rating of “A-”.
- Location: Wildwood is located in Sumter County, Florida and is positioned at the juncture of Interstate 75,
- Florida’s Turnpike, State Road 44, and U.S. Highway 301.