Language and Region
Currency

Email*

Please enter a valid email address.

To send this property to multiple individuals, insert a semi-colon between each recipient's email address.

Message

919 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Regions Bank | Recent Extension | S&P: A- 3880 Lavista Rd 3,930 SF Retail Building Tucker, GA 30084 $2,947,808 ($750.08/SF) 6.25% Cap Rate

.mosaic-column{display:inline-block!important;height:100%!important;width:auto!important}.mosaic-tile i{display:none!important}.mosaic-tile img{height:100%!important;width:auto!important}

INVESTMENT HIGHLIGHTS

New 5 Year Extension | Option To Extend | Scheduled Rental Increases | Investment Grade Tenant
Briarcliff Village (189,000 SF) | Drive-Thru Lane Equipped |Tucker Meridian (207,000 SF) | Primary Retail Corridor

Absolute NNN | Fee Simple Ownership | Zero Landlord Responsibilities
Strong Demographics in 5-Mile Trade Area

EXECUTIVE SUMMARY

SRS National Net Lease Group is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in an absolute NNN, investment grade (S&P: A-), corporate signed, drive-thru equipped, Regions Bank investment property located in Tucker, Georgia (Atlanta MSA). The tenant has aproximately 5.5 years remaining on their current lease with 1 (5-year) option to extend. The lease features 1% annual rental increases throughout the initial term, and will have Fair Market Value rental increases in the remaining option period. The lease is absolute NNN with zero landlord responsibilities making it an ideal, management-free investment opportunity for a passive investor. According to the FDIC, brand deposits have steadily increased over the past few years to over $47 Million (+33% since 2022, +68% since 2019).

Tucker GA - Regions Bank OM

PROPERTY FACTS

Sale Type

Investment NNN

Property Type

Retail

Property Subtype

Bank

Building Size

3,930 SF

Building Class

Year Built

2002

Price

$2,947,808

Price Per SF

$750.08

Cap Rate

6.25%

NOI

$184,238

Tenancy

Single

Building Height

1 Story

Building FAR

0.07

Lot Size

1.32 AC

Zoning

Commercial

Parking

37 Spaces (9.41 Spaces per 1,000 SF Leased)

Frontage

266’ on Lavista Rd

Banking
Dedicated Turn Lane

Pylon Sign

Signage

Drive Thru

MAJOR TENANTS

Finance and Insurance
3,930 SF
-
Triple Net
Nov 2020

Regions Financial Corporation is a member of the S&P 500 Index and is one of the nation’s largest full-service providers of consumer and commercial banking, wealth management and mortgage products and services. Regions serves customers across the South, Midwest and Texas. Regions Financial Corporation is a member of the S&P 500 Index and is one of the nation’s largest full-service providers of consumer and commercial banking, wealth management and mortgage products and services. Regions serves customers across the South, Midwest and Texas. Regions’ mission is to achieve superior economic value for shareholders over time by making life better for customers, associates and communities and creating shared value as they help them meet their financial goals and aspirations.