投资亮点：
• 优质的银行中心
• 再开发机会
• 增值机会
• 免下车刷卡系统
投资概况：
Ten-x很乐意为您提供机会，获得美国银行所拥有的位于一栋地理位置优越、功能完善的零售/办公大楼（以下简称“房地产”）内的一处自由继承物业，此前作为一个商业零售银行分行经营。该物业已被确定为盈余公司房地产，目前空置。该物业将以非常有吸引力的价格收购，起始投标是卖方的保留价格。该物业非常适合投资人士或拥有者/用户，可以为自己的目的占用该物业。对增值机会感兴趣的投资人士可以利用对当地市场动态的理解，并积极采用租赁专业知识重新定位物业，然后为现金流持有，或出售资本增值和重大风险调整回报。其他选择包括重新租赁该物业，利用现有的改进重新使用该物业，或重新开发该物业以获得更高和更好的使用。该物业提供了获得价格低于重置成本的高质量资产的机会，为投资人士提供了具有较高投资基础的相较于其他物业具有竞争优势的资产。具体来说，低成本基础将有助于减轻下行风险，同时允许新业主提供比市场上其他物业低的租金。该物业提供颇具灵活性和功能性的配置，有助于各种用途。该物业没有现有的债务，允许买方获得新的融资，支付全部现金或1031兑换成物业。
PLEASE BE ADVISED THE EMD FOR THIS ASSET IS 15% COMPRISED OF THE USUAL AND CUSTOMARY 10% PLUS THE 5% BUYER’S PREMIUM IN ACCORDANCE WITH THE PURCHASE & SALE AGREEMENT WHICH IS AVAILABLE IN THE DUE DILIGENCE VAULT FOR REVIEW.
Investment Highlights:
• Prime Banking Center
• Redevelopment Opportunity
• Value Add Opportunity
• Drive-Thru Teller
Investment Overview:
Ten-x is pleased to present the opportunity to acquire the fee simple interest in a well-located, highly functional retail/office building (the “Property”) owned by Bank of America and formerly operated as a retail bank branch. The Property has been identified as surplus corporate real estate and is currently vacant. The Property will be acquired at a very attractive price point, with the STARTING BID BEING THE SELLER’S RESERVE PRICE. The Property is ideally suited to an investor or an owner/user that can occupy The Property for its own purposes. Investors interested in a value-add opportunity can utilize an understanding of the local market dynamics and aggressively employ leasing expertise to reposition The Property, then hold for cash flow, or sell for capital appreciation and substantial risk-adjusted returns. Other options include re-tenanting The Property as it stands, re-purposing The Property utilizing the existing improvements, or re-developing The Property to a higher and better use. The Property provides the opportunity to acquire a high-quality asset priced massively below replacement cost, offering investors an asset with a competitive advantage over other properties with a higher investment basis. Specifically, the low cost basis will help mitigate downside risk while simultaneously allowing a new owner to offer lower rental rates compared to other properties in the market. The Property offers a flexible and functional configuration that that is conducive to a variety of uses. There is no existing debt on The Property, allowing the purchaser to obtain new financing, pay all cash, or 1031 exchange into the property. With interest rates at historic lows, this provides a great opportunity to lock in low long-term debt and help investors realize significant leveraged returns. The new owner will also enjoy the fact that The Property is of a size and complexity that will not require expensive third-party management and can be outsourced at a more manageable rate, or self-managed, thereby helping to keep operational costs low.
The Site consists of three parcels of land. The first parcel which measures 0.43 acres is developed with a 12,562 square foot multi-story banking center with a full concrete basement, surface parking and landscape areas. The building, constructed by the Seymour Trust Company, was constructed in 1922. A drive-thru and walk-up ATM area was constructed behind the building sometime before 1970. A single story building connected to the original Seymour Trust Company building is located to the south and was constructed in 1981. The second parcel, which measures 0.13 acres, is also developed with the drive-thru banking expansion and drive-thru teller area. The third parcel, which measures 0.24 acres, is developed with an elongated parking lot accessible by Main Street for bank customers..
***The purchase of this asset may or may not include a drive-thru. Please consult the due diligence vault***
How Investors Can Cash In On Empty Bank Branches This property will be auctioned on Monday, October 9 - Wednesday, October 11 . The price displayed is the starting bid amount of $200,000. For information and to register to bid on this property, please visit Ten-X.com.
