10415 Southpointe Boulevard

SRS National Net Lease is pleased to offer the opportunity to acquire the leased fee interest (land ownership) in an absolute NNN leased, Bank of America investment property located in Louisville, Kentucky. The tenant, Bank of America, National Association, recently signed a brand new 15 year lease with 4 (5-year) options to extend, demonstrating their commitment to the site. The lease features 10% rental increases every 5 years throughout the initial term and at the beginning of option periods 1 and 2, steadily growing NOI and hedging against inflation. Options 3 and 4 are subject to increases at Fair Market Rental. The lease is an absolute NNN with zero landlord responsibilities making it an ideal, management-free investment opportunity for a passive investor.