Bank
Bank of America
4702 N 30th St, Omaha, NE 68111
Listing Price: $2,842,000
Cap Rate
4.75%
Tenant Name
Bank of America
Years Remaining On Lease
14.7
Gross SF
4,185
Guarantor
Corporate Guarantee
Rentable SF
4,185
Price/Gross SF
$679.09
Lease Type
NNN Ground Lease
Rent Per Square Feet
$32.26
Investment Overview
Marcus & Millichap is pleased to exclusively offer for sale a brand new Bank of America ground lease in Omaha, NE.
Investment Highlights
- New Construction Bank of America expected to be delivered in Q3 2024. The Landlord will enjoy a new 15-Year Absolute Triple-Net Ground Lease, without Landlord responsibility.
- Strong corporate guaranty from Bank of America, the 2nd largest financial institution in the United States.
- Bank of America has over $3 Trillion in Assets and holds an investment grade credit rating of S&P A- (NYSE: BAC). Bank of America has over 69 million customers, 3,800 retail locations, and15,000+ ATMs
- Signalized hard corner location near convergence of three main thoroughfares. Just northeast of the subject property is the interchange of Sorenson Pkwy, US Hwy 75, and N 30th St seeing over 78,000 VPD. Sorenson Pkwy is the primary route for northern Omaha residents to reach Eppley Airfield, Omaha's major airport.
- Directly across the street from the subject property is an Aldi grocery store. Additional national tenants nearby include McDonald's, Burger King, AutoZone, Family Dollar, USPS and more.
- Dense population within immediate trade area, over 214,000 residents live within a five-mile radius of the subject property. Within a 3-mile radius, there are currently over 95,000 people.
Broker of Record
Listing Price: $2,842,000
Cap Rate
4.75%
Tenant Name
Bank of America
Years Remaining On Lease
14.7
Gross SF
4,185
Guarantor
Corporate Guarantee
Rentable SF
4,185
Price/Gross SF
$679.09
Lease Type
NNN Ground Lease
Rent Per Square Feet
$32.26
Investment Highlights
- New Construction Bank of America expected to be delivered in Q3 2024. The Landlord will enjoy a new 15-Year Absolute Triple-Net Ground Lease, without Landlord responsibility.
- Strong corporate guaranty from Bank of America, the 2nd largest financial institution in the United States.
- Bank of America has over $3 Trillion in Assets and holds an investment grade credit rating of S&P A- (NYSE: BAC). Bank of America has over 69 million customers, 3,800 retail locations, and15,000+ ATMs
- Signalized hard corner location near convergence of three main thoroughfares. Just northeast of the subject property is the interchange of Sorenson Pkwy, US Hwy 75, and N 30th St seeing over 78,000 VPD. Sorenson Pkwy is the primary route for northern Omaha residents to reach Eppley Airfield, Omaha's major airport.
- Directly across the street from the subject property is an Aldi grocery store. Additional national tenants nearby include McDonald's, Burger King, AutoZone, Family Dollar, USPS and more.
- Dense population within immediate trade area, over 214,000 residents live within a five-mile radius of the subject property. Within a 3-mile radius, there are currently over 95,000 people.
Investment Overview
Marcus & Millichap is pleased to exclusively offer for sale a brand new Bank of America ground lease in Omaha, NE.