Truist (18-Year Operating History)

Truist (18-Year Operating History)

Belleview, FL

Belleview, FL

Truist (18-Year Operating History)

Offered for sale is an absolute net leased Truist Financial Corporation branch located in Belleview. The 7,925-square-foot freestanding branch sits on 1.21 acres near the intersection of SE Abshier Blvd and County Highway 484, which carries a combined 43,700 vehicles per day. The property has operated as a Truist Bank location for approximately 18 years and features 1.5 percent annual rent increases. The asset is located approximately 11 miles north of The Villages, one of the nation’s top-selling master-planned communities.

Price $1,600,000
Cap Rate 6.16%
Building Size 7,925 sqft
Lot Size 1.21 acres
Year Built 1984
Offering Memorandum

Luke Sullivan

Associate
(972) 755-5198
Luke.Sullivan@marcusmillichap.com
License: TX 790739

Ryan Wolf

Managing Director
(972) 755-5207
RWolf@marcusmillichap.com
License: TX 622900

Vincent Knipp

Senior Managing Director Investments
(972) 755-5205
vincent.knipp@marcusmillichap.com
License: TX 0579633
FINANCING TEAM

Duke Dennis

Director
(817) 932-6172

 

  • Absolute Net Lease With 2.3 Years Remaining | 1.5 percent Annual Rent Increases | 18-Year Operating History at This Location
  • Near the Intersection of SE Abshier Blvd & County Highway 484 (Combined 43,700 VPD)
  • Freestanding 7,925-SF Branch on 1.21 Acres With Ample Parking and Multiple Access Points
  • Approximately 11 Miles North of The Villages— the Nation’s Top-Selling Master-Planned Community for 14 of the Last 15 Years
  • Ocala MSA Ranked Among the Fastest-Growing Metropolitan Areas in the United States for Two Consecutive Years
  • Marion County Maintains a Cost of Living Below the National Average, Supporting Sustained Consumer Banking Demand
  • Truist Financial Corporation (NYSE: TFC | S&P: A-) — Top-10 U.S. Commercial Bank With $547.5 Billion in Total Assets as of Year-End 2025

Luke Sullivan

Associate
(972) 755-5198
Luke.Sullivan@marcusmillichap.com
License: TX 790739

Ryan Wolf

Managing Director
(972) 755-5207
RWolf@marcusmillichap.com
License: TX 622900

Vincent Knipp

Senior Managing Director Investments
(972) 755-5205
vincent.knipp@marcusmillichap.com
License: TX 0579633
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