NNN Pro Group is pleased to present the exclusive listing for a Synovus Bank located at 4000 20th Street in Vero Beach, Florida. The site consists of roughly 3,350 rentable square feet of building space on estimated 0.67-acre parcel of land. This Synovus Bank has just over two years reaming on an absolute triple-net (NNN) lease. The current annual rent is $165,500 and is scheduled to increase by 3% annually throughout the base term and in each of the 2, 5-year renewal options.
✓ Over Two (2) Years Remaining On an Absolute Triple Net (NNN) Lease
✓ Three Percent (3.00%) Rental Increases Annually
✓ Two (2), Five (5)-Year Tenant Renewal Options, Bringing the Potential Lease Term to 12+ Years
