Absolute NNN Bank
For Sale
Contact for pricing
Pending
464 Wheat Rd, Vineland, NJ 08360
Absolute NNN leased bank property with a 2-lane drive-thru along Wheat Road frontage.
Days on Market112
Property Features for 464 Wheat Rd
General Information
Standard status
Pending
Property subtype
Retail
Site & Location
Traffic Count
8,600 vehicles/day
Road Access
Yes
Listing Agency:
SRS Real Estate Partners Newport Beach
(973) 632-1386
Listed By:
Patrick R. Luther, CCIM · License #CA License No. 01912215
Source:
Crexi
Added: Apr 10
Changed: Jul 22
Last Checked: Jul 30 at 12:44PM
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 SRS Real Estate Partners Newport Beach
Investment Insights
Based on property information with market context.
SRS National Net Lease Group offers the fee simple interest in an absolute NNN leased, corporate guaranteed BB&T investment property. The building is leased to Branch Banking and Trust Company, with approximately 9 years remaining in the primary term and two five-year options and one four-year option to extend. The lease includes rare 2% annual rental increases throughout the initial term and option periods.
The property is located directly along Wheat Road, a primary residential road with stated traffic of 8,600 VPD, and offers clear monument signage for easy identification from passing vehicles. The site includes a 2-lane drive-thru designed to support customer convenience.
As of June 30, 2018, the tenant reported over $69M in deposits, representing a 115% increase from 2017 deposits of $32M. The surrounding area within a stated 5-mile trade radius includes a population of over 65,000 residents and an average household income of $75,600.
The property is located directly along Wheat Road, a primary residential road with stated traffic of 8,600 VPD, and offers clear monument signage for easy identification from passing vehicles. The site includes a 2-lane drive-thru designed to support customer convenience.
As of June 30, 2018, the tenant reported over $69M in deposits, representing a 115% increase from 2017 deposits of $32M. The surrounding area within a stated 5-mile trade radius includes a population of over 65,000 residents and an average household income of $75,600.
Key Highlights
- Absolute NNN leased bank property with corporate guaranteed BB&T tenant (fee simple: land & building ownership).
- Tenant has approximately 9 years remaining in the primary term, plus 2 (5‑year) options and 1 (4‑year) option to extend.
- Lease includes 2% annual rental increases throughout the initial term and option periods.
Property Analytics
Current Use
Lease Details
8,600 VPD
Traffic count
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
87
Businesses Nearby
Explore this area
Business Placement
Demographics for 08360, NJ
43,043
Population
16,797
Households
2.6
Avg Household Size
38
Median Age
17%
College-Educated
79%
High-School Grad
44.3 sq mi
ZIP Area
972
Density / Sq Mi
$62,604
Median Household Income
$37,236
Median Earnings
$1,164
Median Rent
$199,600
Median Home Value
Market
Vacancy Rate% for Retail in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
NNN property - Absolute NNN leased bank property with a 2-lane drive-thru along Wheat Road frontage.
Where is this nnn property located?
The property is located at 464 Wheat Rd Vineland, NJ.
What are key features of this property?
This property features: Absolute NNN leased bank property with corporate guaranteed BB&T tenant (fee simple: land & building ownership).; Tenant has approximately 9 years remaining in the primary term, plus 2 (5‑year) options and 1 (4‑year) option to extend.; Lease includes 2% annual rental increases throughout the initial term and option periods.
