The Property is fully leased to SunTrust Bank; which has over 24,000 employees, $211 billion of assets, an investment-grade BBB+ credit rating (S&P), and 427 branches in Florida.
Premier net lease opportunity to acquire a single tenant SunTrust Bank (the “Property”) located in Edgewater, FL with $58.3 million in deposits, just under 10 years of remaining lease term, and attractive 1.5% annual rental increases throughout the primary and option terms.
Senior Managing Director Co-Head
FL-BK3162030 AL-000088844-0 GA-256948
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