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Virtual Drive-By

Wells Fargo Bank Absolute NNN

500 Glynn Isle · Brunswick, GA 31525 · Banking / Financial

Asking price
$2,445,000
Cap rate
4.70%
NOI
$115,000

Need financing on this deal

We run the asking price and cap rate against a network of 7,000+ lenders to return indicative terms, then package a lender memorandum. Takes about two minutes and we will need your target leverage and timing.

Lease

Lease typeAbsolute NNN
Term remaining13.4 yrs
Expiration12/2039
Rent bumps—
Options—
Ground lease—
Credit profile—
TenancySingle

Planning a 1031 Exchange

Give us your relinquished sale close date and we will calculate your 45-day identification and 180-day closing deadlines, track the clock, and surface matching inventory before it expires. We coordinate directly with your Qualified Intermediary and can introduce one if you have not yet engaged an exchange accommodator. Investment Grade does not provide tax or legal advice.

Property

Building SF3,276
Price / SF$746
Year built—
Lot size0.89 ac
TypeBank
Days on market671

Need year-one bonus depreciation

Building age, size and improvement mix drive how much of this asset a cost segregation study can accelerate into year one. Tell us your tax year and entity and we will model the deduction.

Investment highlights

  • ​

    Brand New 15 Yr. Absolute NNN Corp. Ground Lease by Wells Fargo (NYSE: WFC)

    • ​

      Just Opened

  • ​

    Trophy Outparcel to Glenn Isles Power Center (193K SF)

    • ​

      Target/Lowe’s/Dick’s/Ross Anchored

  • ​

    Best in Class Bank - Part of “The Big Four Banks” - Strong Guarantee with Market CAP $185B+

  • ​

    Affluent Coastal City with Strong Demos - Within Main Retail Trade Area of a Large MSA

  • ​

    2024 Prototype Construction - Investment Grade Tenant with 10% Bumps/5 Yrs.

    • ​

      Coupon Clipper

  • ​

    Rare Price for a Brand New Top Bank Brand - Replaceable Market Rent

    • ​

      Strong Retail Density

Property overview

The Snyder Carlton National Net Lease Team is pleased to offer investors an excellent opportunity to acquire an absolute-NNN, ground-leased Wells Fargo Bank in Brunswick, GA.​ Wells Fargo (NYSE: WFC) has an investment-grade credit rating, operates over 6,900 branches nationwide, and has over $1.4 trillion in annual deposits.​ With a new 15-year lease term, three 5-year option periods, 10% rent increases every 5 years, and zero landlord responsibilities, this asset is ideal for an investor seeking years of inflation-resistant cash flows.​ The new construction 3,276 SF standalone building with drive-up ATM on 0.89 acres is an outparcel to Glynn Isles Shopping Center (anchored by Target & Lowe’s Home Improvement) and is positioned on Altama Avenue, which sees over 21,300 VPD.​ Additionally, the subject property is within a mile of Glynn Place Mall, a 502,000 SF regional mall.​ Other nearby retailers include Walmart Supercenter, Walmart Neighborhood Market, The Home Depot, Publix, McDonald’s, Starbucks, Chick-fil-A, Wendy’s, Walgreens, and more.​

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Asking-market observation aggregated from public listing sources, last observed Sep 25, 2026. Figures are asking price and asking cap rate as published by the listing party, not a verified closed transaction. Lease terms shown where reported by the listing party and not independently verified. Shown for market reference only; this is not an offering. Investment Grade Income Property, LP represents buyers on a cooperating commission basis.