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Bb&T Bank
Buford, GA 30519
NNN- PAD to Mall of Georgia- HUGE Deposits · Retail Property For Sale

Property Facts

Property Type
Retail
Property Subtype
Bank
Building Size
4,241 SF
Building Class
C
Year Built
2011
Tenancy
Single
Building Height
1 Story
Building FAR
0.07
Lot Size
1.33 AC
Zoning
C
Parking
25 Spaces (0 Spaces per 1,000 SF Leased)

Amenities

  • Pylon Sign
  • Drive Thru

About BB&T BANK , BUFORD, GA 30519

LARGE PARCEL- HUGE DEPOSITS! We are pleased to offer to qualified investors an opportunity to invest in a highly rated investment grade single tenant absolute NNN - Ground Lease investment that is 100% leased to BB&T Bank. This lease includes 14.5 years remaining on an original 25-year lease with 2, 5-year option periods and 10% rental increases every 5 years including the base term. Extremely well positioned next to the largest mall in the state of Georgia (the Mall of Georgia), a 200+ tenant super-regional mall which also includes a large village section, comprising restaurants, lifestyle tenants, and a 500-seat amphitheater. Moreover, the subject property benefits from approximately 56,648 VPD and an AHHI of over $88,500 within a 3 mile radius. This is a rare opportunity to purchase an investment grade (rated “A-” by S&P’s) single tenant bank, with 14.5 years remaining, in an exceptional location with strong surrounding demographics, and zero landlord responsibilities. Investment Grade Credit Tenant (Rated “A-” by Standard & Poor’s)

Property Taxes

Property Taxes

Parcel Number
7-186-273
Land Assessment
$244,720
Improvements Assessment
$515,360
Total Assessment
$760,080
  • Listing ID: 12062302

  • Date on Market: 3/27/2018

  • Last Updated:

  • Address: Bb&T Bank, Buford, GA 30519

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