Investment Grade Credit - S&P Global Ratings recently affirmed Truist Bank's A credit rating and stable outlook |
Long-Term Tenancy - Truist has served the local community at this branch location for more than 17 years |
No Landlord Maintenance Obligations - Absolute Net Lease provides passive ownership and stable cash flow |
Inflation Hedge - Rare 1.5% annual increases provide steady rent growth and a hedge against inflation |
Top 10 Financial Institution - As of Q3 2023, Truist is the 9th largest US Bank with $514 billion in assets and over 51,000 employees |
Growth Market- North Carolina's population grew by over 130,000 residents in 2022 raking the state 3rd in the National behind on Florida and Texas |