This page tracks every Bank of America net lease property observed for sale in the United States, refreshed automatically from listing broker materials, checks the tenant against the investment grade threshold, and walks through how to evaluate one before you make an offer. If you want the corporate credit story, the Bank of America credit rating and cap rate profile covers it. This page is about the inventory: what is on the market, what it is asking, how the pricing breaks down by term, state and lease type, and how a buyer, especially a 1031 exchange buyer, should work through it.
Bank of America is investment grade. Bank of America Corporation carries long-term issuer ratings of A- (Stable outlook) from S&P Global Ratings, A1 (Stable outlook) from Moody’s and AA- (Stable outlook) from Fitch Ratings, which places it in investment grade territory (BBB-/Baa3 or higher). Ratings checked September 27, 2026. Ratings change; confirm before relying on any figure here. See the Bank of America credit rating and NNN cap rate profile and the investment grade credit tenant ratings table.
36 Bank of America NNN properties observed for sale across 20 states as of September 28, 2026. Median asking cap rate 5.83% (range 4.65% to 9.18%). Median asking price $4.04M. Average remaining lease term 8.2 years. Median building 5,773 SF. Figures update automatically from listing broker materials.
Bank of America NNN Properties For Sale: Latest Listings
Up to twelve of the most recently listed single-tenant Bank of America properties with published pricing. Open any listing and register for full property data, including the address, location map and an IG summary with due diligence questions.
| Location | Asking Price | Cap Rate | NOI | Term Left | Built | Lease | |
|---|---|---|---|---|---|---|---|
| Torrington, CT | $1,064,348 | 5.75% | $61,200 | n/a | 1970 | n/a | Get full property data |
| Cockeysville, MD | $4,758,000 | 7.25% | $344,960 | n/a | 2015 | ************ | Get full property data |
| New York City, NY | $13,900,000 | 5.75% | $798,294 | n/a | 1925 | **** | Get full property data |
| Chattanooga, TN | $1,200,000 | 5.00% | $60,000 | n/a | 1978 | ************ | Get full property data |
| Moorestown, NJ | $7,560,000 | 5.00% | $378,000 | n/a | 2026 | n/a | Get full property data |
| Fayetteville, NC | $905,000 | 6.00% | $54,308 | n/a | 1973 | ************ | Get full property data |
| West Columbia, SC | $3,226,000 | 4.65% | $150,000 | n/a | 2026 | ************ | Get full property data |
| Paramus, NJ | $950,000 | 6.40% | $60,500 | n/a | n/a | ************ | Get full property data |
| Plano, TX | $27,368,421 | 4.75% | $1,300,000 | n/a | 2024 | **** | Get full property data |
| Little Rock, AR | $2,530,000 | 6.36% | $160,784 | 5.7 yrs | 1977 | Absolute NNN | Get full property data |
| PLOVER, WI | $1,303,000 | 7.00% | $91,204 | 5.0 yrs | 1995 | Absolute NNN | Get full property data |
| Chesapeake, VA | $850,000 | 9.18% | $78,030 | n/a | 1960 | NNN | Get full property data |
Search all 36 Bank of America properties on the market
Market observations aggregated from listing broker materials; not offerings by Investment Grade Income Property, LP. Asking price, cap rate and NOI as published by the listing party. Information deemed reliable but not guaranteed. Verify all figures before relying on them.
Get new Bank of America listings in your cap rate band
New Bank of America net lease listings matched to your criteria, emailed as they are observed on the market. One email per match, nothing else.
Own a Bank of America? Considering selling?
Investment Grade Income Property, LP advises owners nationally through Broker of Record co-listing partnerships in all 50 states. You choose the process: a quiet off-market placement with qualified 1031 buyers already searching this inventory, or a full on-market campaign. Either way it starts with a free valuation benchmark against the live Bank of America listings on this page.
Investment Grade Income Property, LP is a licensed commercial real estate brokerage. Your details are used to send the information you requested and are never shared with listing brokers without your permission.
What You Are Actually Buying
Bank of America branches are corporate obligations of the bank, which is among the highest-rated tenancy available in net lease. As with any branch asset, the durable value is the corner and the drive-through improvements are specialized, so remaining term and local branch density drive the underwriting.
Branch buildings run roughly 3,000 to 6,000 square feet, usually on hard corners with drive-through teller lanes. The corner real estate is the durable asset. Branch counts across the industry have been shrinking for a decade, so remaining term and the institution intent for that specific location matter more than usual.
Across the current inventory, roughly 27% of listings with a reported build year were delivered in the last four years, and about 0% are marketed as NN, NN+ or simply Net, which usually means the landlord retains roof and structure and sometimes parking and HVAC. Read the lease rather than the brochure headline. If the rating framework behind investment grade tenancy is unfamiliar, the investment grade guide explains it.
Bank of America Cap Rate, Price and Term Distribution
These tables are generated from the live inventory and refresh every few hours. Use them to place any individual listing in context rather than judging an asking cap rate in isolation.
| Asking Cap Rate Band | Listings | Share | Avg Asking Price |
|---|---|---|---|
| Under 5.00% | 4 | 11% | $12.69M |
| 5.00% to 5.49% | 8 | 22% | $4.30M |
| 5.50% to 5.99% | 5 | 14% | $5.53M |
| 6.00% to 6.49% | 9 | 25% | $6.40M |
| 7.00% and above | 6 | 17% | $3.99M |
| Asking Price Band | Listings | Share | Avg Cap Rate |
|---|---|---|---|
| Under $1.5M | 9 | 25% | 6.90% |
| $1.5M to $2.5M | 2 | 6% | 5.55% |
| $2.5M to $3.5M | 5 | 14% | 5.38% |
| $3.5M to $5M | 6 | 17% | 6.02% |
| $5M and above | 14 | 39% | 5.75% |
| Remaining Lease Term | Listings | Avg Cap Rate |
|---|---|---|
| Under 5 years | 4 | 7.12% |
| 5 to 10 years | 5 | 6.15% |
| 10 to 15 years | 3 | 5.10% |
| 15 years and longer | 2 | 4.88% |
| Lease Type (as marketed) | Listings |
|---|---|
| NNN | 11 |
| Not stated | 10 |
| Absolute NNN | 6 |
| ************ | 5 |
| **** | 2 |
How to read the pricing
The spread inside the Bank of America inventory runs from 4.65% to 9.18%, against a median of 5.83%, and almost all of it is explained by three variables. First, remaining term, which the term table above prices directly. Second, geography, which the state table below shows. Third, lease structure and real estate quality: absolute NNN, fee simple and strong access trade at the tight end, while NN, ground lease and secondary access trade wider. When a listing sits far outside the band its term and state would predict, there is usually a reason in the lease, and it is worth finding before you write the offer rather than after.
Where Bank of America NNN Properties Are For Sale
Current inventory spans 20 states. State-level cap rate differences of 50 to 100 basis points are normal and reflect state income tax, population growth and buyer competition more than anything about the tenant.
| State | Listings | Avg Cap Rate | Avg Asking Price |
|---|---|---|---|
| CA | 7 | 5.62% | $10.11M |
| NY | 2 | 7.38% | $7.09M |
| OH | 2 | 5.38% | $2.31M |
| SC | 2 | 5.38% | $2.64M |
| TN | 2 | 5.00% | $2.55M |
| TX | 2 | 5.50% | $16.48M |
| MI | 2 | 7.75% | $7.02M |
| WI | 2 | 6.00% | $2.67M |
| FL | 2 | 5.50% | $5.19M |
| NJ | 2 | 5.70% | $4.26M |
| KY | 2 | 4.88% | $4.19M |
| NH | 1 | 8.37% | $4.04M |
Bank of America as a 1031 Exchange Replacement Property
The median asking price in the current Bank of America inventory is $4.04M, and about 19% of listings fall in the middle of the market between 1.5 and 3.5 million dollars. Whether that fits an exchange depends on the equity coming out of the relinquished property and on the debt you need to replace.
- Identify from the live list, not a stale one. Listings move. Identify two or three specific properties under the three-property rule and keep a backup that is realistically still available.
- Debt replacement is the trap. If the relinquished property carried a mortgage, you must replace that debt or add cash to fully defer gain. Where lender pricing sits above the asking cap rate, financed acquisitions run negative leverage.
- Term should match your hold. If you plan to hold through the next exchange or pass the asset to heirs, prioritize term and options over 25 basis points of cap rate.
- Close-ability matters more than price. A clean estoppel, a current lease and no pending relocation are worth paying for on a 45-day clock.
For identification mechanics, timelines and the NNN, DST and UPREIT alternatives, see the 1031 exchange into investment grade property guide.
Bank of America NNN Due Diligence Checklist
These are the items that change the value of a Bank of America listing and are rarely resolved by the offering memorandum.
- Branch consolidation risk. Check deposit levels at the branch where available, local branch density for the same institution, and any announced consolidation affecting the market.
- Termination and go-dark rights. Confirm whether the tenant may cease operations while continuing rent, and what that does to your financing.
- Teller lane and drive-through reuse. Drive through banking improvements are highly specific. Assess whether the site converts to restaurant, pharmacy or retail use.
- Term and options. Verify remaining term and whether options are at fixed or market rent.
How Investment Grade Works With Bank of America Buyers
Investment Grade Income Property, LP is a licensed commercial real estate brokerage providing national advisory on acquisitions and dispositions of net lease property, with Broker of Record co-listing partnerships in all 50 states. On a Bank of America acquisition we screen the live inventory against your criteria, pull the lease abstract behind any listing you want to pursue, benchmark the asking cap rate against the distribution above, and negotiate on your side of the table through closing. On most transactions there is no separate fee to the buyer because compensation is paid from the transaction by the listing side. Where that is not the case we disclose it in writing before you engage.
Owners of existing Bank of America properties can use this page as a valuation benchmark. If you are weighing a sale, an off market disposition to a qualified 1031 buyer often closes faster and with less retrading than a broad marketing process.
Frequently Asked Questions
How many Bank of America NNN properties are for sale right now?
As of September 28, 2026, 36 single-tenant Bank of America net lease properties are observed for sale across 20 states. The count updates automatically as listings are added and removed.
Is Bank of America investment grade?
Bank of America Corporation carries long-term issuer ratings of A- (Stable outlook) from S&P Global Ratings, A1 (Stable outlook) from Moody’s and AA- (Stable outlook) from Fitch Ratings, which places it in investment grade territory (BBB-/Baa3 or higher). Ratings checked September 27, 2026.
What cap rate do Bank of America NNN properties sell at?
The current median asking cap rate is 5.83%, with the inventory ranging from 4.65% to 9.18%. Longer term, stronger markets and absolute NNN structures price at the tight end.
How much does a Bank of America NNN property cost?
The median asking price in the current inventory is $4.04M, with listings from $0.28M to $27.37M. About 19% fall between 1.5 and 3.5 million dollars.
Who signs the lease on a Bank of America property?
Bank of America branches are corporate obligations of the bank, which is among the highest-rated tenancy available in net lease. As with any branch asset, the durable value is the corner and the drive-through improvements are specialized, so remaining term and local branch density drive the underwriting.
Working a Bank of America acquisition or a 1031 identification deadline? Register on any listing above for full property data and a due diligence review, or email steve@investmentgrade.pro with your price range, target states and closing timeline and we will screen the live inventory for you.
