Absolute NNN Bank
464 Wheat Rd Vineland, NJ 08360
For Sale
Contact for pricing
Pending
Absolute NNN leased bank property with a 2-lane drive-thru along Wheat Road frontage.
Days on Market106
Property Features for 464 Wheat Rd
General Information
- Standard status
- Pending
- Property subtype
- Retail
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 23 at 11:29AM
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
Location Intelligence
Current Use by Public Records
BB&T ATM
Atm
FAQs
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.
