Contacts
eXp Commercial
Property Details
- Property Type Retail - Freestanding
- Property Size 4,664 SF
- Units 1
- Lot Size 0.9 Acre
- Property Tenancy Single Tenant
- Year Built 1989
- Date Updated Sep 24, 2026
Reach out to the broker for more info on lease terms and amenities
Highlights
- $2,950,000 Offering Price 5.53% Cap Rate on In Place Rent of $163,156
- 40 Years of Banking at This Corner; Branch Operating Here Since 1986
- Approximately $113.7M in Branch Deposits Per FDIC; the Only Truist Location in Beverly Hills
- Contractual 1.5% Annual Rent Increases Through September 2038; Next Step to $165,603 in April 2027
- Corridor Growth: 1,100+ Homes Proposed or Planned; Tuscany Ranch Approved for 4,900 Homes
- Direct Lease Obligation of Truist Bank No Separate Guaranty Needed, the Bank Is the Obligor
- Established Retail Node: Walmart Neighborhood Market, ALDI, CVS, Winn-Dixie, Regions Bank
- First Renewal Option (Twelve Years) Exercised in 2016; Current Term Through September 30, 2028
- Full Service Drive Through Branch 4,664 SF on 0.899 Acres 23 Spaces Plus Recorded Rights to 13 More
- N Lecanto Highway (CR-491) Approximately 17,800 Vehicles Per Day
- NNN Sale Leaseback in Place Since March 2008; Absolutely Net Return Under Lease Section 3.1
- Sale Subject to Tenant Right of First Offer Under Lease Article XII; Buyer to Verify
- Six 5 Year Renewal Options Extend Potential Occupancy to Approximately 2058
Getting around
-
53/100
Walk Score ®
-
40/100
Bike Score ®
Location
- City Beverly Hills, FL
- Neighborhood Beverly Hills
- Zip Code 34465
- Market Tampa St Petersburg Clearwater
Points of Interest
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Citgo
1.86 miles
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RaceTrac
4.66 miles
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Sunoco
4.78 miles
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Wawa
7.17 miles
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PURE
7.19 miles
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Greenlots
7.23 miles
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Chevron
7.25 miles
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BP
7.29 miles
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Circle K
7.87 miles
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trailer parking
7.72 miles
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Adventure Center Parking
7.73 miles
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Johnson Pond Trailhead Parking
8.03 miles
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Outback
8.57 miles
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Burger King
1.86 miles
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Wendy's
1.87 miles
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McDonald's
1.95 miles
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Dunkin'
4.64 miles
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Los Magueyes Mexican Restaurant
5.07 miles
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Codys Original Roadhouse
7.11 miles
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Hardee's
7.14 miles
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Sonic
7.18 miles
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Riviera Mexican Cantina
7.18 miles
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Taco Bell
7.20 miles
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Winn-Dixie
0.09 miles
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Publix
1.77 miles
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Walmart Supercenter
2.12 miles
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TJ Maxx
6.49 miles
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Bealls
6.56 miles
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Beall's Outlet
7.55 miles
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Crystal River Mall
8.07 miles
eXp Commercial