- For Sale $2,905,000
- Property Type Retail
- Property Size 3,500 SF
- Lot Size 1.32 Acre
- Cap Rate % 4.6
- Date Updated Jun 29, 2026
Description
This established bank with drive-thru sits on a pad site within a high-volume, grocery-anchored center in one of the metro’s fastest-growing residential trade areas.
Backed by a 40-year original term with approximately 22 years remaining, the property offers long-term income stability with scheduled 15% rent increases every five years, including the next increase in 2028.
- 3,500 SF bank with drive-thru
- Lot Size: 1.32 AC
- Average Cap Rate Over Remaining Term= 6.42%
- 2028 CAP = 5.3%
- 22 Years Remaining on Current Term
- 15% Increase in 2028
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Contacts
Lane4 Property Group
Lane4 Property Group