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Bank of America

Summary
  • Listing Price: $3,164,050
  • CAP Rate Current: 4.50%
  • Rentable Sq Ft: 4,774 SF
  • Lot Size: 54,656 SF (1.25 Acres)
  • Approx Year Built: 2004
  • Price Per Sq Ft: $662.77
Investment Highlights
  • Incredible Four (4) Drive-Thru Lanes Included in Subject Property Publix Grocery Anchored Shopping Center Outparcel at the Shops at San Marco
  • Excellent Delray Beach Location – Located on South Jog Road
  • Absolute Triple-Net (NNN) Corporate Guaranteed Bank of America Ground Lease (Fee Simple)
  • Tremendous Visibility to North and South Bound Traffic
  • 12.5% Increases Per Renewal Option
  • Excellent Demographics – Population in Excess of 219,000 People within a 5-Mile Radius
  • National Retailers in the Immediate Vicinity along South Jog Road include Publix, Walgreens, Home Depot, Applebee’s Bar & Grill, ABC Wine & Spirits, Papa Johns, and Verizon Wireless.