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114 West Blue Ridge Street, Stuart, VA, 24171
NNN-Leased Bank Property

114 West Blue Ridge Street Stuart, VA 24171

For Sale
Contact for pricing

SunTrust Bank is offered for sale with an absolute NNN lease and corporate guarantee from SunTrust Banks, Inc.

Days on Market106

Property Features for 114 West Blue Ridge Street

General Information

Standard status
Active
Property subtype
Retail
Listing Agency: The Kase Group
Listed By: Kase Abusharkh · License #TX 708586
Source: Crexi
Added: Apr 10 Changed: Jul 22 Last Checked: Jul 22 at 10:21PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of The Kase Group


Investment Insights

Based on property information with market context.

The property is a SunTrust Bank location presented for sale as an absolute NNN lease, with zero landlord responsibilities or expenses. SunTrust has nearly 10 years remaining on its initial 20-year lease term.

The lease includes extremely rare annual 1.5% rental increases during the initial term and throughout each of the six five-year option periods. The lease is corporately guaranteed by SunTrust Banks, Inc., a publicly traded, investment grade tenant rated A- by Standard & Poor’s.

The asset is located at 114 West Blue Ridge Street in Stuart, Virginia.

Key Highlights

  • SunTrust Bank for sale with an absolute NNN lease and zero landlord responsibilities or expenses
  • Nearly 10 years remaining on the initial 20‑year lease term
  • NNN lease includes extremely rare annual 1.5% rental increases during the initial term

Property Analytics

Location Intelligence

Current Use by Public Records

First Horizon Bank Bank

Suggested Use

Building Supply Auto Repair Shop Storage Facility (Bike/Boat/Book/etc) Store Garden Center Grocery & Convenience Store (Bike/Boat/Book/etc) Store Kitchen & Bath Showroom (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Bank - SunTrust Bank is offered for sale with an absolute NNN lease and corporate guarantee from SunTrust Banks, Inc.
Where is this bank located?
The property is located at 114 West Blue Ridge Street Stuart, VA.
What are key features of this property?
This property features: SunTrust Bank for sale with an absolute NNN lease and zero landlord responsibilities or expenses; Nearly 10 years remaining on the initial 20‑year lease term; NNN lease includes extremely rare annual 1.5% rental increases during the initial term
(925) 348-1844 Call to check price and availability
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