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801 E State Road 434
Longwood, FL 32750
Truist Bank - Orlando MSA · Retail Property For Sale
Investment Highlights
- INVESTMENT GRADE CREDIT TENANT - Truist Financial Corporation (NYSE: TFC) holds an S&P: A-.
- EXCELLENT BRANCH DEPOSITS - The branch holds an impressive $127,465,000 in deposits per the FDIC 2022.
- DENSE RETAIL CORRIDOR - Located in an affluent retail corridor with national tenants such as: LA Fitness, Save A Lot, Big Lots, McDonald's.
- ABSOLUTE NNN LEASE There are roughly 4.5 years remaining on an Absolute NNN Fee Simple lease with zero landlord responsibilities.
- NEW TRUIST REMODEL - The property was recently renovated in 2022 to reflect Truist’s new branch prototype.
- NEW LEASE EXTENSION - Truist Bank just executed a 3-year lease extension, 2 years prior to lease expiration; demonstrating their long-term commitment.
Property Facts
Property Type
Retail
Property Subtype
Building Size
5,904 SF
Building Class
B
Year Built/Renovated
1974/2022
Tenancy
Single
Building Height
1 Story
Building FAR
0.09
Lot Size
1.45 AC
Zoning
Commercial
Frontage
Amenities
- Bus Line
- Pylon Sign
- Signage
- Drive Thru
Property Taxes
| Parcel Number | 32-20-30-510-020A-0000 | Improvements Assessment | $783,027 |
| Land Assessment | $815,030 | Total Assessment | $1,598,057 |
Property Taxes
Parcel Number
32-20-30-510-020A-0000
Land Assessment
$815,030
Improvements Assessment
$783,027
Total Assessment
$1,598,057
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