Tenant: BB&T | Nottingham, MD Premises: 1,920 SF Renewal Options: 3 x 5 Years
Lease Expiration: 3/31/2026 Lease Type: Absolute NNN Rental Increases: 10% Every 5 Years
Sands Investment Group is Pleased to Exclusively Offer the Absolute Net Investment Property Located at 4204 Ebenezer Road in Nottingham, Maryland.
Absolute Triple Net (NNN) Lease With Zero Landlord Responsibilities – Over 6 Years Remaining With Three (5) Year Option Period and 10% Rental Increases Every 5 Years
Corporate Guarantee From BB&T – Investment-Grade Credit Rating of A- (S&P), A2 (Moody’s) and A+ (Fitch)
Extremely Affluent Demographics With a Population of 186,028 People Earning an Average Annual Household Income of $89,788 Within a 5-Mile Radius
Above Average Deposits – Tenant Exercised Early Renewal Showing Commitment to the Site
Excellent Access and Visibility – Located Off of Belair Rd and Ebenezer Rd With an Average of 34,338 VPD
Nottingham is Located in Baltimore County Which is the 3rd-Most Populous County in the State of Maryland and Home to Multiple Universities Including; University of Maryland, Townson University, Stevenson University and Goucher College
BB&T is an Established Community Bank Founded in 1872 and is One of the Largest Financial Services Holding Companies in the U.S.
Neighboring Tenants Include: ALDI, Safeway, Giant Food, Weis Markets, Walgreens, CVS, Rite Aid, Dollar Tree, USPS, Goodwill, First National Bank, Wells Fargo Bank, Outback, Chick-fil-A, McDonalds and Wendy’s
Jennifer D. Stein – JDS Real Estate Services, Inc.
June 12, 2019: BB&T and SunTrust are coming together in a transformational merger of equals to create Truist, the premier financial institution in the country. The combination of these two iconic franchises will create the sixth-largest U.S. bank with 275 years of combined history. With our shared mission- and purpose-driven cultures, Truist will be true to our legacy as BB&T and SunTrust – the trust and transparency you’ve come to expect. It also signals a shared belief in relentlessly building a better future – for our clients, associates, teammates, and communities. The merger is expected to close in the third or fourth quarter of 2019.