ADVISORY AND TRANSACTIONAL SERVICES FOR SELLERS AND INVESTORS

BB&T – Dunedin, FL – NNN Lease

1478 Main Street
Sold

SOLD PRICE: $2,389,333
CAP RATE: 5.44%

  • BB&T is one of the largest financial services holding companies in the U.S. with $186.8 billion in assets and market capitalization of $28.0 billion
  • Dunedin is part of the Tampa Bay area — the 4th largest metropolitan statistical area in the Southeastern U.S.
  • Corner location near national retailers along Main St. (SR 580) with 42,000 cars ADT and CR 1 (Keene Rd.) with 29,000 cars ADT
  • Less than 2 miles from Westfield Countryside Mall, a 1.2M+ SF regional mall with an average of 8.7M annual customer visits
  • NNN lease with zero landlord responsibilities
  • Over 220,000 people, with an average household income of $63K+, within a 5 mile radius
  • Florida has NO STATE INCOME TAX
  • There are no features available

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$2,305,727

3,148 sf

Price:

$2,305,727

Cap Rate:

5.44%

Building Size:

3,148 sf

SF Land Area:

0.86 acres

Current NOI:

$125,400

Lease Type:

NNN

Remaining Term:

9.5 years

Status:

Closed

CONTACT BROKER

Michael Zimmerman

(919) 391-9901

Download Offering Memorandum
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