Bank
Truist Bank NNN Fee Simple 2% Annual Increases
9005 State Rd 52, Hudson, FL 34669
Listing Price: $6,200,000
Investment Overview
Marcus & Millichap is pleased to present for sale this Truist Bank located in
Hudson, Florida.
Positioned at the hard corner signalized intersection of State Road 52 and Little
Road, the property benefits from exceptional visibility and traffic counts exceeding
78k vehicles per day. This 4,640-square-foot bank branch sits on a sizable 1.01-
acre parcel. The branch has maintained a strong and stable presence at this
location since 2005, with most recent reported deposits exceeding $65 million.
Hudson is located approximately 30 miles north of Tampa, Florida. Tampa is a
major metropolitan hub and the county seat of Hillsborough County. Situated
along the west coast of Florida on Tampa Bay near the Gulf of Mexico, Tampa
anchors the “Tampa Bay Area,” a region home to over four million residents.
This area serves as West Central Florida’s core for government, commerce,
communications, business, healthcare, research, sports, and entertainment.
The region is home to several Fortune 1000 companies, including OSI Restaurant
Partners, WellCare, TECO Energy, and Raymond James Financial. Finance,
insurance, and real estate sectors—led by firms such as Raymond James
Financial and JPMorgan Chase—employ nearly 100,000 individuals. In addition,
medical technology companies like Bausch & Lomb, Baxter Healthcare Corp.,
and Transitions Optical employ over 10,000 people locally. Tampa’s healthcare
sector is further supported by CAMLS, one of the world’s most advanced medical
simulation training centers.
Truist Bank (S&P: A), a subsidiary of Truist Financial Corporation (NYSE: TFC), is
one of the largest financial institutions in the United States. Formed through the
merger of BB&T and SunTrust in 2019, Truist is headquartered in Charlotte, NC,
and operates a robust network of approximately 2,100 branches and more than
3,000 ATMs across multiple states. The company manages over $535 billion in
assets and provides a comprehensive range of retail, commercial, and wealth
management services, making it a strong and stable investment-grade tenant.
Truist Insurance Holdings is also the seventh-largest insurance broker globally,
generating $2.27 billion in annual revenue.
Truist Bank NNN Fee Simple 2% Annual Increases
Investment Highlights
- Truist Bank with more than Five Years Remaining on the Absolute NNN Lease
- Corporate Guarantee | Investment Grade Tenant | S&P Credit Rating: A
- Two Percent Annual Increases in Rent
- Strong Bank Deposits Exceeding $65 Million Per Year
- Truist Financial Corporation Headquartered in Charlotte, North Carolina with 1,900+ Bank Branches in 15 States and Washington, D.C.
- Florida is a "No Income Tax State"
Exclusively Listed By
Listing Price: $6,200,000
Investment Highlights
- Truist Bank with more than Five Years Remaining on the Absolute NNN Lease
- Corporate Guarantee | Investment Grade Tenant | S&P Credit Rating: A
- Two Percent Annual Increases in Rent
- Strong Bank Deposits Exceeding $65 Million Per Year
- Truist Financial Corporation Headquartered in Charlotte, North Carolina with 1,900+ Bank Branches in 15 States and Washington, D.C.
- Florida is a "No Income Tax State"
Investment Overview
Marcus & Millichap is pleased to present for sale this Truist Bank located in Hudson, Florida. Positioned at the hard corner signalized intersection of State Road 52 and Little Road, the property benefits from exceptional visibility and traffic counts exceeding 78k vehicles per day. This 4,640-square-foot bank branch sits on a sizable 1.01- acre parcel. The branch has maintained a strong and stable presence at this location since 2005, with most recent reported deposits exceeding $65 million. Hudson is located approximately 30 miles north of Tampa, Florida. Tampa is a major metropolitan hub and the county seat of Hillsborough County. Situated along the west coast of Florida on Tampa Bay near the Gulf of Mexico, Tampa anchors the “Tampa Bay Area,” a region home to over four million residents. This area serves as West Central Florida’s core for government, commerce, communications, business, healthcare, research, sports, and entertainment. The region is home to several Fortune 1000 companies, including OSI Restaurant Partners, WellCare, TECO Energy, and Raymond James Financial. Finance, insurance, and real estate sectors—led by firms such as Raymond James Financial and JPMorgan Chase—employ nearly 100,000 individuals. In addition, medical technology companies like Bausch & Lomb, Baxter Healthcare Corp., and Transitions Optical employ over 10,000 people locally. Tampa’s healthcare sector is further supported by CAMLS, one of the world’s most advanced medical simulation training centers. Truist Bank (S&P: A), a subsidiary of Truist Financial Corporation (NYSE: TFC), is one of the largest financial institutions in the United States. Formed through the merger of BB&T and SunTrust in 2019, Truist is headquartered in Charlotte, NC, and operates a robust network of approximately 2,100 branches and more than 3,000 ATMs across multiple states. The company manages over $535 billion in assets and provides a comprehensive range of retail, commercial, and wealth management services, making it a strong and stable investment-grade tenant. Truist Insurance Holdings is also the seventh-largest insurance broker globally, generating $2.27 billion in annual revenue.
Exclusively Listed By
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