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Bank

Wells Fargo

542196 US-1, Callahan, FL 32011

Listing Price: $2,083,000

Cap Rate
6.00%
Tenant Name
Wells Fargo
Years Remaining On Lease
2.6
Gross SF
9,653
Guarantor
Corporate Guarantee
Rentable SF
9,653
Price/Gross SF
$215.79
Lease Type
Absolute Net
Rent Per Square Feet
$12.95

Investment Overview

Marcus & Millichap is pleased to present the opportunity to acquire an absolute net lease Wells Fargo in Callahan, FL. The property consists of a 9,653-square-foot, freestanding building that sits on approximately 2.39 acres of land. There are approximately 2.8 years remaining on the current lease term.

Investment Highlights

  • Absolute Net Lease with 2.8 Years Remaining
  • Branch-Level Deposits are Trending Up for the Trailing Three Years
  • Excellent Visibility on U.S. Route 1, Where Traffic Counts Exceed 18,369 Vehicles per Day
  • Large 2.39 Acre Parcel with Ample Parking and Multiple Access Points
  • Jacksonville, FL MSA Location
  • Wells Fargo is the 3rd Largest Bank in the U.S. by Total Assets

Exclusively Listed By

Broker of Record

  • Ryan Nee

    Senior Vice President/ Division Manager

    (954) 245-3400

    License(s) FL: BK3154667

    Florida

Listing Price: $2,083,000

Cap Rate
6.00%
Tenant Name
Wells Fargo
Years Remaining On Lease
2.6
Gross SF
9,653
Guarantor
Corporate Guarantee
Rentable SF
9,653
Price/Gross SF
$215.79
Lease Type
Absolute Net
Rent Per Square Feet
$12.95

Investment Highlights

  • Absolute Net Lease with 2.8 Years Remaining
  • Branch-Level Deposits are Trending Up for the Trailing Three Years
  • Excellent Visibility on U.S. Route 1, Where Traffic Counts Exceed 18,369 Vehicles per Day
  • Large 2.39 Acre Parcel with Ample Parking and Multiple Access Points
  • Jacksonville, FL MSA Location
  • Wells Fargo is the 3rd Largest Bank in the U.S. by Total Assets

Investment Overview

Marcus & Millichap is pleased to present the opportunity to acquire an absolute net lease Wells Fargo in Callahan, FL. The property consists of a 9,653-square-foot, freestanding building that sits on approximately 2.39 acres of land. There are approximately 2.8 years remaining on the current lease term.

Exclusively Listed By

Broker of Record

  • Ryan Nee

    Senior Vice President/ Division Manager

    (954) 245-3400

    License(s): FL: BK3154667

    Florida

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