Bank
Truist Bank Ground Lease
5110 Dixie Hwy, Louisville, KY 40216
Listing Price: $1,650,000
Investment Overview
This offering presents the opportunity to acquire a single-tenant, net-leased Truist Bank in Louisville, Kentucky, providing stable, passive income backed by an investment-grade financial institution. The property is secured by a long-term ground lease with term remaining through December 31, 2031, and three five-year renewal options featuring scheduled rental increases. Truist Bank, a subsidiary of Truist Financial Corporation (NYSE: TFC), is one of the largest banking institutions in the United States, offering strong credit quality and long-term operational stability. Strategically located along a well-trafficked retail corridor within the Louisville MSA, the asset benefits from a diversified regional economy and proximity to national retailers and major employers.
Investment Highlights
- Truist Bank is a Top-10 Commercial Bank with an A- S&P Investment Grade Rating
- 6 Years Remaining on the Lease and Three 5-Year Renewal Options with Significant Rent Increases
- Absolute Net Ground Lease on 1.21 Acres
Exclusively Listed By
Broker of Record
Listing Price: $1,650,000
Investment Highlights
- Truist Bank is a Top-10 Commercial Bank with an A- S&P Investment Grade Rating
- 6 Years Remaining on the Lease and Three 5-Year Renewal Options with Significant Rent Increases
- Absolute Net Ground Lease on 1.21 Acres
Investment Overview
This offering presents the opportunity to acquire a single-tenant, net-leased Truist Bank in Louisville, Kentucky, providing stable, passive income backed by an investment-grade financial institution. The property is secured by a long-term ground lease with term remaining through December 31, 2031, and three five-year renewal options featuring scheduled rental increases. Truist Bank, a subsidiary of Truist Financial Corporation (NYSE: TFC), is one of the largest banking institutions in the United States, offering strong credit quality and long-term operational stability. Strategically located along a well-trafficked retail corridor within the Louisville MSA, the asset benefits from a diversified regional economy and proximity to national retailers and major employers.
Exclusively Listed By
Broker of Record