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Mebane, NC Truist Bank

$2,435,000
204 W Center Street, Mebane, NC
Lease Type Absolute Net Lease
Cap Rate 6.00%
Building Size 5,483 SF
NOI $146,115
Land Area 1.02 AC
Remaining Term 3 Years, 11 Months
Status Active
Property Highlights

Atlantic Capital Partners has been exclusively engaged to solicit offers for the sale of this Absolute Net Truist Bank in Mebane, NC. Truist has been operating at this location since 2007 and have approximately 4 years on their current lease term with 1.5% annual rent increases and options to renew.

  • Investment Grade Credit
  • Long-Term Tenancy
  • No Landlord Maintenance Obligations
  • Inflation Hedge
  • Depreciation Boosts After Tax Returns
  • Excellent Underlying Real Estate Fundamentals
  • Top 10 Financial Institution
  • Growth Market