ADVISORY AND TRANSACTIONAL SERVICES FOR SELLERS AND INVESTORS

Wells Fargo – Lady Lake, FL – Ground Lease

13707 N US Highway 441
Sold

LIST PRICE: $2,285,555
CAP RATE: 4.5%

  • Investment grade tenant with over $165 million in deposits at this location
  • Wells Fargo & Company ranked No. 29 on Fortune’s 2014 rankings of America’s largest corporations, with assets of $1.7 trillion, over 8,700 locations and offices in 36 countries
  • Located 5 miles from the world’s largest gated over-55 community, The Villages
  • 10% rent increases every five years with options to extend lease
  • Ground lease with zero landlord responsibilities
  • Florida has NO STATE INCOME TAX
  • Over 78,000 people, with an average household income of $56K+, within five miles
  • There are no features available

$2,285,555

4,318 square feet

Price:

$2,285,555

Cap Rate:

4.5%

Building Size:

4,318 square feet

SF Land Area:

1.156 acres

Current NOI:

$102,850

Lease Type:

Ground Lease

Remaining Term:

Nine (9) Years

Status:

Closed

CONTACT BROKER

Michael Zimmerman

919-391-9900

Download Offering Memorandum
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