500 Glynn Isle Brunswick, GA 31525
NNN ground lease Wells Fargo in Brunswick, GA for sale.
Type:Retail
Property size:
3,276 SFLot size:
0.89 AcresPrice / SF:
$746/SF- Added:
- Sep 23, 2024
- Days on Market:
- 580
- Last Refresh:
- Mar 17 at 1:13 pm
Property Features for 500 Glynn Isle
General Information
- Standard status
- Active
- Size
- 3,276 SF
- Lot size
- 0.89 Acres
- Property subtype
- Retail
Listing agent Eric Carlton License #CA 01809955
Listing office Colliers - Los Angeles - Orange County, California
Listing date Sep 23, 2024
Source Crexi
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
Overview
Wells Fargo Ground Lease Opportunity
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.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Hog-N-Bones
Restaurant
Location Insight
- Map
- Local Demand
- City
- Brunswick
- County
- Glynn
- State
- Georgia
- Longitude
- -81.482502
- Latitude
- 31.204231
Nearby Similar for Sale
FAQs
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.
