Bank
Truist (Absolute Net)
900 E First St, Vidalia, GA 30474
Listing Price: $1,605,000
Investment Overview
Marcus & Millichap is pleased to present the opportunity to acquire an absolute net lease Truist in Vidalia, Georgia. The property consists of a 17,657-square-foot, freestanding building that sits on approximately 2.09 acres of land. There are approximately 2.4 years remaining on the current lease term, with a 10 percent rental escalation scheduled in the next option, as well as each option thereafter.
Truist (Absolute Net)
Investment Highlights
- Absolute Net Lease with 2.4 Years Remaining
- Excellent Access and Visibility on East 1st Street (18,939 VPD)
- Truist Financial Corporation (A-; S&P) Ranks Sixth Among U.S. Financial Institutions with over $460 Billion in Assets
- Proven Location and Operator - Bank Branch has been Operating Continuously at this Location Since 2010
- 10 Percent Rental Increases Every Five Years in the Options
- 2.7 Miles Away from Vidalia Reginal Airport
Exclusively Listed By
Broker of Record
Financing By
Listing Price: $1,605,000
Investment Highlights
- Absolute Net Lease with 2.4 Years Remaining
- Excellent Access and Visibility on East 1st Street (18,939 VPD)
- Truist Financial Corporation (A-; S&P) Ranks Sixth Among U.S. Financial Institutions with over $460 Billion in Assets
- Proven Location and Operator - Bank Branch has been Operating Continuously at this Location Since 2010
- 10 Percent Rental Increases Every Five Years in the Options
- 2.7 Miles Away from Vidalia Reginal Airport
Investment Overview
Marcus & Millichap is pleased to present the opportunity to acquire an absolute net lease Truist in Vidalia, Georgia. The property consists of a 17,657-square-foot, freestanding building that sits on approximately 2.09 acres of land. There are approximately 2.4 years remaining on the current lease term, with a 10 percent rental escalation scheduled in the next option, as well as each option thereafter.
Exclusively Listed By
Broker of Record
Financing By
