First Security Bank (Condominium)

Investment Highlights

  • New Long Term 15 Year Lease
  • Absolute NNN
  • Investment Grade Tenant
  • Rent Increases in Option Periods
  • $24 Million on Deposit at This Location
  • Class “A” Construction
  • No Management Responsibility
  • Low Rent Per Square Foot
  • Low Cost Per Square Foot
  • Condo Includes 36,548 Square Feet
  • Includes Parking & Drive-Thru
  • Infill Location
  • Signalized Intersection
  • Strong Demographics

Offering Summary

  • Price: $2,700,000
  • CAP: 6.02%
  • GLA: 35,548 Square Feet
  • Pice/SF: $73.88
  • Site Area: NA
  • Occupancy: 100%

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