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Virtual Drive-By

Truist NNN

105 W Parker St · Baxley, GA 31513 · Banking / Financial

Asking price
$2,369,685
Cap rate
7.00%
NOI
$165,878

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Lease

Lease typeNNN
Term remaining1.7 yrs
Expiration03/2028
Rent bumps1.50% Annually
Options6, 5-Year Options
Ground leaseNo
Credit profileCorporate Guarantee
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 SF8,628
Price / SF$275
Year built1966
Lot size1.25 ac
TypeBank
Days on market297

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

  • Strong Corporate Guarantee | Truist Bank operates more than 1,900 branches and 2,900 ATMs across 17 states and Washington, D.C., making it one of the largest retail banking networks in the country. Backed by Truist Financial Corporation (NYSE: TFC), a $530+ billion institution with investment-grade credit, the lease benefits from a highly creditworthy tenant with nationwide scale and financial strength.

  • Diversified Revenue and Strong Retail Banking Performance | Truist benefits from a diversified business model, with consistent fee income from wealth management, insurance, and retail banking. Its retail banking segment continues to drive core deposit growth and supports the strategic value of its physical branch network.

  • Attractive Rent Increases | The lease includes 1.50% annual rent increases, providing a solid hedge against inflation.

  • Prime Corner Location with Strong Consumer Exposure | Situated at the signalized intersection of West Parker Street and US Highway 1 North, the property sees over 28,800 vehicles per day. This high-traffic corridor supports steady consumer activity, making it an ideal location for retail banking.

Property overview

SURMOUNT is pleased to present the exclusive listing for a Truist Bank located at 105 W Parker St, Baxley, GA 31513.​ The site consists of roughly 8,628 rentable square feet of building space on an estimated 1.25-acre parcel of land.​ This Truist Bank is subject to a Truist Bank-year Triple Net (NNN) lease, which commenced 3/28/2008.​ The current annual rent is $165,878 and has scheduled increases of 1.50% annually.​

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Asking-market observation aggregated from public listing sources, last observed Sep 18, 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.