Suntrust – NNN / Beverly Hills, FL
![](https://herculespimenta.com/wp-content/uploads/2018/07/Suntrust-Adapted-1-1024x640.jpg)
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- Price: US $2,475,829
- Property Type: Free Standing (1 Tenant)
- Occupancy: 100%
- CAP: 85%
- Building Area: 4,664 SF = 433 m2
- Lot: 89 AC = 3,601 m2
- NOI: US $144,836 / year
- Annual Expenses: 0 (Zero) NNN – Tenant responsible for all expenses including insurance and property tax
- Contract Terms: 10+ years remaining on contract (Expiring September 2028)
- Increases: 5% annually
- Extensions: 6 – 5 years options.
- Guarantor: Corporate – SunTrust Bank. (1,400 locations and 2017 deposits of $162 Billion – BBB+ rated
- 303 on Fortune 500 Second highest deposits for any bank in Beverly Hills )
- Location: The location offers good visibility and access along N Lecanto Hwy, a major north-south artery with over 27,500 vehicles per day