Bank of America - Net Lease Property for Sale
Plover, WI
Key Investment Metrics
Price
$1,303,000
Cap Rate
7.0%
Net Operating Income
$91,204
Building Size
5318 SF
Lot Size
5,318 SF
Land Area
1.37 Acres
Remaining Term
5 years
Lease Type
Absolute NNN
Year Built
1995
Occupancy
100%
Tenancy
Single
Rent Increases
1.50 Annually in Options
About This Bank of America Net Lease Property
This Bank of America NNN (triple net lease) property is located in Plover, WI and represents an excellent investment opportunity for commercial real estate investors. The property features 5318 square feet of building space and was built in 1995.
With a cap rate of 7.0%, this Bank of America net lease property offers stable income potential. The asking price is $1,303,000, making it an attractive option for 1031 exchange investors seeking quality Bank of America commercial properties.
Why Invest in Bank of America NNN Properties?
- Stable Income: Bank of America net lease properties provide predictable cash flow with minimal landlord responsibilities.
- Strong Tenant: Bank of America is a nationally recognized brand with proven operational success.
- 1031 Exchange Eligible: This property qualifies for 1031 tax-deferred exchanges, allowing investors to defer capital gains taxes.
- Triple Net Lease: The tenant is responsible for property taxes, insurance, and maintenance, reducing landlord obligations.
Plover, WI Market Overview
Located in Plover, WI, this Bank of America property benefits from strong local demographics and market fundamentals. The Plover area offers excellent visibility and accessibility, making it an ideal location for Bank of America operations and a solid investment for net lease property buyers.