Bank of America NNN Property For Sale — Greeley, CO
7004 W 10th St, Greeley, CO 80634
This investment opportunity features a newly constructed Bank of America branch with an attractive absolute NNN lease. The property benefits from below-market rent, offering significant upside potential. Located in a high-growth area, it is strategically anchored by a top-performing King Soopers Marketplace, drawing substantial consumer traffic. The area boasts a strong and growing population base, outperforming the city average in projected growth. The lease includes a 12-year primary term with favorable rent increases and renewal options, and the tenant is an investment-grade corporation with substantial deposits and a vast national presence. This hands-off investment requires no landlord management.
- Address: 7004 W 10th St, Greeley, CO 80634
- Asking price $1.76M
- 4.25% cap rate
- NOI $75,013
- 12 years remaining
- NNN lease
- Year built: 2023
- Building size: 3,926 SF
- Lot size: 0.70 acres
- Rent increases: 10% rent increases every 5 years
- Guarantor: Corporate
Location
This Bank of America property is at 7004 W 10th St in Greeley, Colorado.
Asset type: Bank