TRUIST

Absolute NNN Lease – Tenant is responsible for all expenses, providing investors with a true passive income opportunity and zero landlord obligations.
Early Lease Extension – Approximately six years remain on the original term, with only one (1) five-year renewal option remaining. There is an opportunity for investors to reposition the location at the end of the next option.
Strong Deposits – The Subject Property reported deposits of $200,256,000 for the fiscal year of 2024, ranking number 2 out of all 33 Truist Bank Branches in Hillsborough County.
Ideal Local Demographics – Average household income within a one-mile radius exceeds $75,900 indicating a solid consumer base and economic support for tenant operations.
Prime Retail Corridor – Strategically positioned on a hard, signalized corner, adjacent to national retailers including Publix, Walmart Supercenter, Lowe’s Home Improvement, Bank of America, and Winn Dixie, driving consistent traffic to the area.
Investment-Grade Credit Tenant – Truist Bank is the 8th largest bank in the U.S. by assets, boasts a strong credit rating (A-, S&P Global), has a market cap of $55B, and operates 1,928 locations in 15 states.
High-Capacity Site Design – Built in 1987, the property features five drive-thru lanes, enhancing operational efficiency and customer convenience.
Superior Visibility and Access – Situated on approximately ±0.63 acres with direct frontage along James L Redman Parkway, a major thoroughfare with average daily traffic counts of ±27,500 vehicles.

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Kyle Matthews