Financial Summary
| Asking Price | $1,598,755 |
| Cap Rate | 6.75% |
| Net Operating Income (NOI) | $107,916 |
| Lease Type | NNN |
| Lease Term Remaining | 5 Years |
The Offering Memorandum for this property is no longer available.
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Highlights
- Corporate Bank of America absolute NNN lease
- Strong deposits ($46 Million)
- Longevity and commitment from tenant at this location
- High visibility at signalized intersection
- Located near University of Memphis
Net Lease Advisor
For more information on this tenant, including averages, overview and credit ratings, visit NetLeaseAdvisor.com.
Location
3945 Park Avenue
Memphis, TN
