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Truist 286 Hancock St 7,830 SF Retail Building Madison, GA 30650 $3,108,418 CAD ($396.99 CAD/SF) 6.25% Cap Rate

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INVESTMENT HIGHLIGHTS

  • Absolute NNN Lease
  • Approximately 5 Years Remaining
  • Strong Operating History
  • One 3-Year Option and Five 5-Year Options remaining

EXECUTIVE SUMMARY

Rise Property Group is pleased to present this Truist Bank Bank for sale in Madison, GA. Truist has a strong operating history at the site and committed to an early extension. There is approximately 5 years remaining on the Lease with One 3-Year Option and Five 5-Year Options remaining.

PROPERTY FACTS

Sale Type
Investment NNN
Sale Condition
1031 Exchange
Property Type
Retail
Property Subtype
Bank
Building Size
7,830 SF
Building Class
C
Year Built
1970
Price
$3,108,418 CAD
Price Per SF
$396.99 CAD
Cap Rate
6.25%
NOI
$194,276 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.23
Lot Size
0.77 AC
Zoning
C-1
Frontage
129’ on Hancock St

AMENITIES

  • Banking
  • Corner Lot
  • Pylon Sign
  • Signage
  • Drive Thru

MAJOR TENANTS Click Here to Access

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE TYPE
  • LEASE END
  • Finance and Insurance
  • 99,999 SF
  • $9.99
  • Lorem Ipsum
  • Jan 0000

Truist Bank is a subsidiary of Truist Financial Corporation, a publicly traded financial services company formed in December 2019 through the merger of BB&T Corporation and SunTrust Banks. Headquartered in Charlotte, North Carolina, Truist operates as one of the largest commercial banks in the United States, providing consumer and commercial banking, wealth management, mortgage, insurance, and investment services. The bank serves clients through a network of more than 1,900 branches across 15 states and Washington, D.C., complemented by robust digital banking platforms. Truist Financial trades on the New York Stock Exchange under the ticker symbol TFC and reported total assets exceeding $530 billion in 2024. The company employs approximately 38,000 people and maintains a strong presence in high-growth markets across the Southeast and Mid-Atlantic regions.

TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE TYPE LEASE END
Finance and Insurance 99,999 SF $9.99 Lorem Ipsum Jan 0000

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
M18 030
Land Assessment
$46,882 CAD
Improvements Assessment
$594,427 CAD
Total Assessment
$641,309 CAD
  • Listing ID: 30645403

  • Date on Market: 2024-01-12

  • Last Updated:

  • Address: 286 Hancock St, Madison, GA 30650

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