ANB Bank
NWC of South University Blvd. & East Arapahoe Road
Centennial, CO 80121
| Price: |
$2,434,783 |
| CAP Rate: |
5.75% |
| Building Size: |
4,125 SF |
| Approx Lot Size: |
1.00 Acre(s) |
| Year Built: |
2008 |
Net Lease Investment: |
Yes |
| Existing Debt: |
No |
| Property On Ground Lease: |
Yes |
| 1031 Exchanges Acceptable: |
Yes |
Property Features- Lease Type: Ground Lease, No Landlord responsibilities.
- Lease Term: Twenty (20) years
- Lease Commencement: September, 2008
- Lease Renewal Options: Six (6) Five (5) year options
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For more information contact:
Keith Sturm
(612) 332-6600
Upland Real Estate Group, Inc.
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Property Description
With assets exceeding $1.8 billion, ANB Bank continues to maintain its position as a highly capitalized, independently owned and operated bank. Each location is conveniently placed throughout the communities they serve, and the banking centers proudly offer personalized, quality service to their customers, with local staff and decision-making. The Bank is part of the Sturm Financial Group of community banks and is proud that with its friendly, talented staff empowered to serve customers at each of their 33 banking locations, and membership in the most predominant local and national ATM networks, business and personal banking has never been as pleasant or convenient as it is today. For more information on ANB Bank please visit www.anbbank.com.
Ground Lease. No landlord responsibilities.
The renewal period of Six 5-year options shall be the greater of 101% of the base rent payable in the immediately preceding lease year or increased by CPI.
Tenant shall have a 30 day right of first refusal to purchase all or any portion of the Premises (see lease).
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