286 Hancock St Madison, GA 30650-1305

This exceptional investment opportunity presents a single-tenant, 7,830 square foot Truist Bank building located at 286 Hancock St, Madison, GA 30650. The property boasts a strong 6.25% cap rate, generating a net operating income (NOI) of $137,117 annually. The absolute NNN lease with Truist, a credit-rated tenant, features a remaining term of approximately 5.1 years, with one 3-year option and five 5-year options remaining, providing significant long-term stability. Built in 1970, this Class B property sits on a 0.77-acre lot zoned Downtown Commercial (C-1) and includes 29 parking spaces. The lease commenced December 10, 2007, and is set to expire December 31, 2029. Annual rent bumps of 1.5% ensure consistent income growth. The property has a 100% occupancy rate since its opening date, December 10, 2007. This is a rare opportunity to acquire a well-performing, net-leased asset with a highly reputable tenant and substantial remaining lease term in a desirable location. The property's strong operating history and favorable lease terms make it an attractive investment for discerning buyers seeking secure, passive income.