Bank of America (GL)

Offered for sale is the opportunity to acquire a corporately guaranteed Bank of America ground lease in Houston, Texas. The property consists of a 4,518-square-foot, freestanding building that sits on approximately 0.75 acres of land. There are approximately 5.8 years remaining on the current lease term, with a 10 percent rental escalation scheduled every five years in the main term and throughout the option periods.