Building Details:
• Year Built: 1984
Property Type: Retail Bank Building on Outlot of Cortez Commons
Building Size:
Gross Square Footage 4,361
Rentable Square Footage: 3,840
Land Area: 0.76 Acres (33,106 Sq.Ft.)
Year Built: 1984 (completiey renovated in 2009 including new roof)
Drive Throughs: 3 Lane
Zoning: Commercial
Tenant: Trustco Bank Corp (roughly$4.3 Billion Bank
with a 5 Star Baur Rating as of Jan 2014)
Term: 20 Years comenced 1 Jan 2009
Annual NNN Rent:
Jan 2014 - Dec 2018: $83,600.04
Jan 2019- Dec 2023: $91,960.08
Jan 2024- Dec 2028: $101,156.16
Option 1 (10 Years):
Jan 2029- Dec 2033: $111.271.80
Jan 2034- Dec 2038: $122,399.04
Option 2: (10 Years):
Jan 2039- Dec 2043: $134,638.92
Jan 2044- Dec 2048: $148,102.80
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