Roanoke, VA Truist Bank

112 McClanahan St, Roanoke, VA
Lease Type Absolute Net
Cap Rate 6.00%
Building Size 3,383 SF
NOI $84,316
Land Area 0.59 AC
Remaining Term 6 Years
Status Active
Property Highlights

Atlantic Capital Partners has been exclusively engaged to solicit offers for the sale of this Absolute Net Truist Bank in Roanoke, VA. Truist has been operating at this location since 2008 and has 6 years remaining on their current lease term with 1.5% annual rent increases and options to renew.

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