Bank of America for Sale in Shallotte, NC
Shallotte, NC
Key Investment Metrics
Price
$2,826,100
Cap Rate
4.6%
Net Operating Income
$130,000
Building Size
4650 SF
Land Area
1.09 Acres
Remaining Term
15.1 years
Lease Expiration
08/30/2041
Lease Term
15 years
Lease Commencement
07/31/2026
Lease Type
Absolute NNN
Tenant Credit
Credit Rated
Year Built
2026
Occupancy
100%
Tenancy
Single
Rent Increases
10% every 5 years
Property overview
Bank of America in Shallotte
Review the reported property and lease details, then request the supporting documents for your acquisition review.
- Building area
- 4,650 SF
- Land area
- 1.09 acres
- Year built
- 2026
- Lease type
- Absolute NNN
- Lease expiration
- 08/30/2041
Confirm current availability, pricing and lease terms through the inquiry form before relying on this listing.
Before you make an offer
Four things to verify
- 1
Lease and guaranty
Request the executed lease and amendments. Identify the legal tenant, guarantor and landlord obligations.
- 2
Income and expenses
Obtain the rent roll and operating statement supporting the advertised NOI and cap rate.
- 3
Property condition
Review survey, title, condition and environmental information relevant to this property.
- 4
Exchange requirements
For a 1031 exchange, confirm eligibility and deadlines with your qualified intermediary and tax adviser.