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Banco Popular Properties For Sale

    



Interested in Purchasing Banco Popular Property for Investment?

 

If you wish to purchase a Banco Popular property for investment, please email  info@nnndeals.com; We have access to an extensive inventory of triple net Banco Popular Properties for sale in Washington DC, Maryland, Virginia and the entire United States. 

 

 

Banco Popular

 

 
Price: 

$1.5M - $4M


Lease Term
:


15 – 20 Years


Increases:
 
10% Every 5 years 
Lease Extensions: 20 – 40 Years  

Lease Type
:
Absolute NNN  

Lease
Guarantee: 

Corporate
CAP Rate Ranges:
5% – 6%
Name Banco Popular
Public
Traded as NASDAQ: BPOP
Industry Finance and Insurance
Founded San Juan(1893-10-05)
Headquarters Hato Rey,San Juan, Puerto Rico
Key people 
Richard Carrión, Chairman & CEO
Products Banking
Checking Accounts
Insurance
Stock brokerage
Investment Bank
Asset-Based Lending
Consumer finance
Revenue US$ 3.82 billion (2007)  [1]
US$ 789 million (2007)  [1]
US$ 599.3 million (2013)
Total assets
  • US$ 35.749333 billion (2013) [2] 
  • US$ 36.507535 billion (2012) [2] 
Number of employees 
13,210(2005)   [3]
Website www.popular.com
 

        

About Banco Popular:

 

Popular, Inc., doing business as Banco Popular in Puerto Rico and the Virgin Islands and as Popular Community Bank in the United States, is a financial services conglomerate that has been operating in Puerto Rico for almost 120 years and in the United States for over 52 years. In recent years, it has expanded into other areas of the Caribbean and Central America. The BPPR in the logo stands for Banco Popular de Puerto Rico, where the bank has its major historical footprint. 

Popular, Inc. is the parent company of Banco Popular de Puerto Rico, Banco Popular North America, E-Loan, and several other companies.

 

The headquarters of Banco Popular Puerto Rico are located in Hato Rey, Puerto Rico

The bank was founded in Puerto Rico in 1893 when the island was still under Spanish administration, and was led in its early stages by Rafael Carrión, Sr. 

During the 1970s, the company's commercials were very popular on Puerto Rican television: they presented a balding, middle aged man in a white tee shirt, announcing the company in a comic way. The 1970s also saw a giant step in the development of Banco Popular as Puerto Rico's biggest bank, when it bought two-thirds of the Banco de Crédito y Ahorro Ponceño.[citation needed] By buying this bank, Popular entered the credit-card industry.

 

During the following decades, Banco Popular put a lot of emphasis on the company's public image. It was during the 1980s, after Rafael Carrion, Sr.'s death, that Richard L. Carrión took over as President of the corporation. 

In 1989, the bank introduced a children's savings service with a bear, "Populoso", as its mascot. The Club del Ahorro (or Savings Club) was (and still is) intended to encourage children to open savings accounts and keep track of their money.

 

Banco Popular  Properties For Sale Across the United States :


Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky,  Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey,  New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma,  Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Virgin Islands,  Washington, West Virginia,  Wisconsin,  Wyoming 



 

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