Wells Fargo Ground Lease
For Sale
Contact for pricing
500 Glynn Isle, Brunswick, GA 31525
NNN ground lease Wells Fargo in Brunswick, GA for sale.
Property Size3,276 SF
Lot Size0.89 Acres
Price / SF$746.34
Days on Market699
Property Features for 500 Glynn Isle
General Information
Standard status
Active
Size
3,276 SF
Lot size
0.89 Acres
Property subtype
Retail
Occupancy
100%
Lease Type
Absolute Net
Investment Type
Net Lease
Net Operating Income
$115,000
Building Details
Tenancy
Single
Listing Agency:
Colliers - Los Angeles - Orange County, California
(912) 233-7111
Listed By:
Eric Carlton · License #CA 01809955
Source:
Crexi
Added: Sep 23, 2024
Changed: Aug 15
Last Checked: Aug 20 at 9:54PM
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 Colliers - Los Angeles - Orange County, California
Investment Insights
Based on property information with market context.
This offering presents an opportunity to acquire a ground-leased Wells Fargo Bank in Brunswick, Georgia. The property features a new construction, 3,276-square-foot standalone building with a drive-up ATM, situated on 0.89 acres. The location is an outparcel to Glynn Isles Shopping Center, which is anchored by Target and Lowe’s Home Improvement. Positioned on Altama Avenue, the site benefits from traffic of over 21,300 vehicles per day. The property is also located within a mile of Glynn Place Mall, a 502,000-square-foot regional mall. Nearby retailers include Walmart Supercenter, Walmart Neighborhood Market, The Home Depot, Publix, McDonald’s, Starbucks, Chick-fil-A, Wendy’s, and Walgreens. The property is under an absolute-NNN lease with a new 15-year term, three 5-year option periods, and 10% rent increases every 5 years. Wells Fargo operates over 6,900 branches nationwide and has over $1.4 trillion in annual deposits.
Key Highlights
- Absolute‑NNN ground lease with zero landlord responsibilities, providing passive income.
- New 15‑year lease term with three 5‑year option periods, ensuring long‑term stability.
- Investment‑grade credit rating of Wells Fargo (NYSE: WFC), a national bank with over $1.4 trillion in annual deposits.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
519
Businesses Nearby
Explore this area
Business Placement
Demographics for 31525, GA
28,766
Population
12,373
Households
2.3
Avg Household Size
40
Median Age
22%
College-Educated
89%
High-School Grad
98.3 sq mi
ZIP Area
293
Density / Sq Mi
$65,896
Median Household Income
$37,145
Median Earnings
$1,137
Median Rent
$198,700
Median Home Value
Market
Vacancy Rate% for Retail in South region
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Frequently Asked Questions
What type of property is this?
Bank - NNN ground lease Wells Fargo in Brunswick, GA for sale.
Where is this bank located?
The property is located at 500 Glynn Isle Brunswick, GA.
What is the asking price?
The asking price for this property is $2,445,000.
What are key features of this property?
This property features: Absolute‑NNN ground lease with zero landlord responsibilities, providing passive income.; New 15‑year lease term with three 5‑year option periods, ensuring long‑term stability.; Investment‑grade credit rating of Wells Fargo (NYSE: WFC), a national bank with over $1.4 trillion in annual deposits.
