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500 Glynn Isle Brunswick, GA 31525

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NNN Leased Bank, Brunswick, GA

Property size:
3,276 SF

Property Features for 500 Glynn Isle

General Information

Property type
Banks
Square Feet
3,276 SF
Lot Size
38,768 SF

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Listing Contact
Eric Carlton
Eric Carlton

Listing Agency: Colliers Listing Agent: Eric Carlton

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Property Insight Report

Overview

This exceptional investment opportunity presents a brand-new, 3,276 square foot Wells Fargo Bank located in Brunswick, Georgia. The property boasts a 15-year net lease (NNN) with a commencement date of January 1, 2025, and an expiration date of December 31, 2039, providing a remaining lease term of 15.1 years. The lease includes 10% rent increases every five years, minimizing landlord responsibilities and offering inflation-resistant cash flow. The building, situated on a 0.89-acre lot, features a drive-up ATM and is strategically positioned as an outparcel to the Glynn Isles Shopping Center, anchored by Target and Lowe's Home Improvement, on Altama Avenue, experiencing over 21,300 vehicles per day. Its proximity to Glynn Place Mall (a 502,000 square foot regional mall) and other major retailers like Walmart, The Home Depot, and Publix further enhances its value. The property's Net Operating Income (NOI) is $115,000, resulting in a 4.31% cap rate. The asking price is $2,670,000. This is a rare opportunity to acquire a new, top-tier bank property with a strong tenant and significant long-term growth potential. The property is a single-tenant, 100% occupied retail space.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Hog-N-Bones Restaurant

Suggested Use

Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Hair Salon Auto Repair Shop Hotel & Motel

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

Location Insight

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  • Local Demand
City
Brunswick
County
Glynn
State
Georgia
Longitude
-81.4823694
Latitude
31.2046928

FAQs

What type of property is this?
Bank - NNN Leased Bank, Brunswick, GA
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 $2,670,000.
What are key features of this property?
This property features: Brand new 15-year absolute NNN ground lease with Wells Fargo (NYSE: WFC).; Trophy outparcel to Glynn Isles Shopping Center, anchored by Target and Lowe's.; Investment-grade tenant, Wells Fargo, one of the "Big Four" banks, offering strong financial security.
(949) 724-5561 Call to check price and availability
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