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ANB Bank

NWC of South University Blvd. & East Arapahoe Road
CentennialCO  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
For more information contact:
Keith Sturm
(612) 332-6600 
Upland Real Estate Group, Inc.

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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