Bank
Truist | Bartow, FL | Annual Increases
255 W Main St, Bartow, FL 33830
Listing Price: $1,508,000
Investment Overview
LEASE
- NNN – No Landlord Responsibilities
- Annual 1.5% Rent Increases
- 4.7 Years Remaining
- Six, 5-Year Options
TRUIST
- 6th largest bank in the US
- A- (S&P Rating)
- $535 billion in assets as of December 31, 2023
- 2,781 Locations
DEPOSITS
- Extremely strong deposits of $142,647,000
- Of the twelve Truist branches in Polk County, this branch has the third highest deposits.
ZERO COMPETITION IN AREA
- The only Truist branch in Bartow
- Following the merger of BB&T and SunTrust, Truist closed the surrounding branches, leaving this location as the sole branch to service the city of Bartow.
- The closest Truist branch is over 10 miles away in Lakeland.
BARTOW / POLK COUNTY
- Polk County is the fastest growing county in Florida.
- Very strong demographics.
Truist | Bartow, FL | Annual Increases
Investment Highlights
- LEASE - NNN – No Landlord Responsibilities - Annual 1.5% Rent Increases - 4.7 Years Remaining - Six, 5-Year Options
- TRUIST - 6th largest bank in the US - A- (S&P Rating) - $535 billion in assets as of December 31, 2023 - 2,781 Locations
- DEPOSITS - Extremely strong deposits of $142,647,000 - Of the twelve Truist branches in Polk County, this branch has the third highest deposits.
Exclusively Listed By
Financing By
Listing Price: $1,508,000
Investment Highlights
- LEASE - NNN – No Landlord Responsibilities - Annual 1.5% Rent Increases - 4.7 Years Remaining - Six, 5-Year Options
- TRUIST - 6th largest bank in the US - A- (S&P Rating) - $535 billion in assets as of December 31, 2023 - 2,781 Locations
- DEPOSITS - Extremely strong deposits of $142,647,000 - Of the twelve Truist branches in Polk County, this branch has the third highest deposits.
Investment Overview
LEASE - NNN – No Landlord Responsibilities - Annual 1.5% Rent Increases - 4.7 Years Remaining - Six, 5-Year Options TRUIST - 6th largest bank in the US - A- (S&P Rating) - $535 billion in assets as of December 31, 2023 - 2,781 Locations DEPOSITS - Extremely strong deposits of $142,647,000 - Of the twelve Truist branches in Polk County, this branch has the third highest deposits. ZERO COMPETITION IN AREA - The only Truist branch in Bartow - Following the merger of BB&T and SunTrust, Truist closed the surrounding branches, leaving this location as the sole branch to service the city of Bartow. - The closest Truist branch is over 10 miles away in Lakeland. BARTOW / POLK COUNTY - Polk County is the fastest growing county in Florida. - Very strong demographics.
Exclusively Listed By
Financing By
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