Bank Of America
Bank Of America
13
Number on Market
$5.4M
Average Price
7.9
Average Remaining Term (Years)
5.22%
Average Cap Rate
Bank Of America Tenant Overview
Founded in 1998, Bank of America Corporation is an American multinational investment bank and financial services corporation headquartered in Charlotte, North Carolina. The company provides a wide range of banking and financial services, including retail banking, credit cards, corporate banking, investment banking, wealth management, and securities brokerage services. The bank has a vast network of operations throughout the United States as well as in international markets.
In addition to traditional banking services, Bank of America also operates and owns several subsidiaries, such as Merrill Lynch, which is one of the world’s largest wealth management firms, and U.S. Trust, which is a leading private wealth management company. The bank has an investment grade rating of A- and is widely recognized as one of the largest banks in the United States.
Tenant Data:
| Company | Bank Of America |
|---|---|
| Ownership | Public |
| Headquarters | Charlotte, North Carolina |
| Ticker | NYSE: BAC |
| Credit Rating | A- (S&P) |
| Annual Revenue | $94.2B (2023) |
| Locations (North America) | ± 3,900 |
| Regions | Nationwide |
| Website | www.bankofamerica.com |
| Average Bank Of America Info | |
|---|---|
| Number on Market | 13 |
| Average Price | $5,448,164 |
| Average Remaining Term | 7.9 Years |
| Average Cap Rate | 5.22% |
| Average NOI | $266,163 |
| Average PPSF | $1,125 |
| Average Building SF | 4,487 SF |
| Average Lot Size | 0.89 AC |
| AS OF 02/01/2024 | |
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