Wells Fargo – Marietta, GA

By January 28, 2020Available Properties

Investment Offering – $4,534,300

1547 Powers Ferry Rd | Marietta, GA

NOI: $226,715 Cap Rate: 5.00%
Lease Term: Remaining Term: 10
Lease Type: NNN Building Sq. Ft.: 6,749
Renewal Options: Four (4), Five (5) Year Options

PROPERTY HIGHLIGHTS

  • $189 + million in deposits
  • Dense Infill Location, Signalized Intersection, lots of businesses in Area
  • 10 Years remaining on lease with 10% increases every 5 years
    Investment Grade Tenant, A Rating, Stable Outlook
  • NNN Wells Fargo Ground Lease with a 10 years remaining on base term with four, 5 year renewal options
  • High-visibility, freestanding location with a 5 drive-thru lanes
    Long operating history – Wells Fargo or predecessor bank has been at this location since 1985
  • Prominent outparcel to The Towers at Wildwood Plaza which has close proximity to the Cumberland business district and conveniently located just east of I-75, as well as being only minutes from I-285.
  • A few tenant names in the Plaza are GE, Allstate Insurance, IBMSECU, Kellen & Co. and Vonage, maintain offices at Wildwood Plaza which is also located adjacent to the Chattahoochee River Park.
  • Signalized corner with excellent access points and excellent traffic counts (40k VPD)

CONTACT US

PAUL TRUPIA III
P: 646.791.0818
paul@kentwoodcapital.com

ED BRESLIN
P: 310.774.3790
ebreslin@kentwoodcapital.com

OFFERING
MEMORANDUM

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