Wells Fargo

Wells Fargo Ground Lease located in the heart of Fort Myers, FL. The property features an absolute NNN lease with over 5.5 years of term remaining and 10% rental increases at each option, offering truly passive income backed by investment-grade credit (S&P: BBB+). Out-parceled to a top-performing Publix (96th percentile statewide, 95th percentile nationally) within the Summerlin Crossing retail corridor, the site benefits from strong traffic counts (35,500+ VPD). This stabilized asset combines long-term security, national credit, and prime grocery-anchored positioning in a thriving Florida market.

Investment Highlights

• Absolute NNN Lease Structure - Tenant is responsible for Taxes, Insurance, and Common Area Maintenance (CAM) making this an ideal investment for investors seeking true passive incoming producing assets with zero landlord expense or maintenance responsibilities.
• Newly Executed Lease Extension - Tenant recently committed to an early lease extension bringing the total remaining term to over 5.5 Years.
• Accessible Third-Party Reports - Updated Title, Clean Environmental, and newly constructed ALTA Survey allows prospective Buyers to help save on due diligence costs and provides reassurance of a seamless transaction.
• Prime Grocery-Anchored Location - Out-parceled to Publix, ranked in the 96th percentile statewide and 95th percentile nationally, generating 1.2M+ annual visits.
• National Tenant - The lease is corporately guaranteed by Wells Fargo Bank, N.A., operating across 38 states with over 6,900 brick & mortar branches, and more than 11,000 ATM’s available nationwide.