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Bank

Bank Of America

1045 Kennedy Rd, Windsor, CT 06095

Listing Price: $2,757,071

Cap Rate
7.00%
Tenant Name
Bank Of America
Years Remaining On Lease
3.0
Guarantor
Corporate Guarantee
Rentable SF
4,650
Lease Type
NNN Ground Lease
Rent Per Square Feet
$41.50

Investment Overview

Passive Ownership – Zero landlord responsibilities as the tenant covers Taxes, Insurance, CAM, and all
Property Maintenance. Bank of America has 3 years remaining on the term with a 12% rent escalation coming in the first option period (4/28). Situated near Hartford, CT, a key economic hub with a robust presence in insurance, healthcare, and finance.

Investment Highlights

  • GROUND LEASE WITH A 17 YEAR OPERATING HISTORY FEATURING A DRIVE THRU
  • HIGH PERFORMING BANK BRANCH WITH STRONG DEPOSITS.
  • PRIME RETAIL & BANKING LOCATION WITH EXCEPTIONAL ACCESS
  • AFFLUENT DEMOGRAPHICS & PROXIMITY TO MAJOR ECONOMIC DRIVERS

Exclusively Listed By

Financing By

Bank

Bank Of America

Listing Price: $2,757,071

Cap Rate
7.00%
Tenant Name
Bank Of America
Years Remaining On Lease
3.0
Guarantor
Corporate Guarantee
Rentable SF
4,650
Lease Type
NNN Ground Lease
Rent Per Square Feet
$41.50

Investment Highlights

  • GROUND LEASE WITH A 17 YEAR OPERATING HISTORY FEATURING A DRIVE THRU
  • HIGH PERFORMING BANK BRANCH WITH STRONG DEPOSITS.
  • PRIME RETAIL & BANKING LOCATION WITH EXCEPTIONAL ACCESS
  • AFFLUENT DEMOGRAPHICS & PROXIMITY TO MAJOR ECONOMIC DRIVERS

Investment Overview

Passive Ownership – Zero landlord responsibilities as the tenant covers Taxes, Insurance, CAM, and all Property Maintenance. Bank of America has 3 years remaining on the term with a 12% rent escalation coming in the first option period (4/28). Situated near Hartford, CT, a key economic hub with a robust presence in insurance, healthcare, and finance.

Exclusively Listed By

Financing By

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