525 Bank of America Blvd. - Bank FOR SALE


Grand Prairie, TX 75051
$1,400,000 USD
513-300-0763
525 Bank of America Blvd., Grand Prairie, TX for Sale
$1,400,000 USD
Bank - FOR SALE
1/5
null | 6% Cap Rate

525 Bank of America Blvd.
Grand Prairie, TX 75051


HIGHLIGHTS

  • This site is a 24-Hour 11 Lane Dive Thru Location
  • Tenant Has 41+ Years of Historical Occupancy
  • Recent 5 Year Extension at a 20% Rent Increase Demonstrates Tenants Commitment to the Site
  • Site Has Been Functioning as an ATM Branch to the Neighboring Bank of America Office Tower Since the Early 80's
  • The Bank of America Office Tower Reported $345M+ in Deposits | 49%+ Market Share for This Zip Code
  • Grand Prairie is Part of the Dallas-Fort-Worth MSA which is the 4th largest in the Country | 7.75M+ People

OVERVIEW

This site is a 24-Hour 11 Lane Dive Thru Location Tenant Has 41+ Years of Historical Occupancy Recent 5 Year Extension at a 20% Rent Increase Demonstrates Tenants Commitment to the Site Site Has Been Functioning as an ATM Branch to the Neighboring Bank of America Office Tower Since the Early 80's The Bank of America Office Tower Reported $345M+ in Deposits | 49%+ Market Share for This Zip Code Grand Prairie is Part of the Dallas-Fort-Worth MSA which is the 4th largest in the Country | 7.75M+ People Investment Grade "A+" Rated; Corporate Backed Lease | Bank of America is the Second Largest Bank in the US With a Net Worth of 2.41+ Trillion One of the Lowest Priced Bank Properties for Sale in Texas

FOR SALE DETAILS

PRICE

$1,400,000 USD

PRICE/SF

$833 USD /SF

CAP RATE

6%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Bank of America

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Bank

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1981

SPRINKLERS

-

PARKING SPACES

14

LAND DETAILS

LAND ACRES

1.46 AC

LAND SF

63,598 SF

ZONING

N/A

APN/PARCEL ID

28053660010020000

ASK ABOUT THIS PROPERTY

Brian BrockmanEncore Real Estate Investment ServicesMore Info
513-300-0763

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Brian BrockmanEncore Real Estate Investment ServicesMore Info
513-300-0763

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.