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    Wells Fargo Ground Lease Opportunity Title is generated by Realmo AI

    500 Glynn Isle, Brunswick, GA 31525

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    NNN ground lease Wells Fargo in Brunswick, GA for sale.

    Type:Retail
    Property size:
    3,276 SF
    Lot size:
    0.89 Acres
    Price / SF:
    $746/SF
    Added:
    Sep 23, 2024
    Days on Market:
    653
    Last Refresh:
    Jun 27 at 4:42 pm

    Property Features for 500 Glynn Isle

    General Information

    Standard status
    Active
    Size
    3,276 SF
    Lot size
    0.89 Acres
    Property subtype
    Retail

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    Eric Carlton
    Eric Carlton

    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

    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.
    • 10% rent increases every 5 years, offering inflation‑resistant cash flows.
    • New construction 3,276 SF standalone building with drive‑up ATM on 0.89 acres.
    • Located on Altama Avenue (21,300 VPD) as an outparcel to Glynn Isles Shopping Center (Target & Lowe’s) and near Glynn Place Mall.

    Overview

    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 Location Intelligence

    Current Use by Public Records

    Hog-N-Bones Restaurant

    Suggested Use

    Real Estate Agency Hotel & Motel Law Firm Storage Facility Parking Lot & Garage Bed & Breakfast Big Box & Wholesale Store Gym & Fitness Center Skin Care Clinic Nursing Home

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

    Location Insight

    • Map
    • Local Demand
    City
    Brunswick
    County
    Glynn
    State
    Georgia
    Longitude
    -81.482502
    Latitude
    31.204231

    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.
    (949) 724-5561 Call to check price and availability
    More about this property
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