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Bank Of America Properties For Sale

    



Interested in Purchasing Bank of America Property for Investment?

 

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

 

 

 

Bank Of America

 

 
Price: 

$1M - $4M


Lease Term
:


15 – 20 Years


Increases:
 
10% Every 5 years 
Lease Extensions:

20 – 40 Years  


Lease Type
:
Absolute NNN and Ground lease

Lease
Guarantee: 

Corporate
CAP Rate Ranges:
4% – 5%
 

Name Bank of America 
Public
Traded as NYSEBAC
S&P 500 Component
Industry Banking,Financial services
Predecessor Bank America
NationsBank
Founded

1998 (current)
October 17, 1904 as Bank of Italy
  [1]

[2] 
Founder Amadeo Giannini
Headquarters Charlotte, North Carolina, United States
Area served 
Worldwide
Key people 
Brian T. Moynihan
Chairman & CEO
Products Consumer banking,corporate banking,finance and insurance,investment banking,mortgage loans,private banking,private equity,wealth management,credit cards,
Revenue US$ 85.11 billion (2014)  [3]
US$ 6.85 billion (2014)  [3]
US$ 4.83 billion (2014)  [3]
Total assets US$ 2.10 trillion (2014)  [3]
Total equity US$ 243.4 billion (2014) [3]
Number of employees 
233,000 (2014)  [4]
Divisions Bank of America Home Loans,Bank of America Merrill Lynch
Subsidiaries Merrill Lynch
U.S. Trust
Website www.bankofamerica.com
 

    

About Bank of America :

 

Bank of America Corporation (NYSE:BAC) is a financial servicescompany, the largest bank holding companyin the United States, by assets, and the second largest bank by market capitalization.[4][5][6][7] Bank of America serves clients in more than 150 countries and has a relationship with 99% of the U.S. Fortune 500companies and 83% of the Fortune Global 500. The company is a member of the Federal Deposit Insurance Corporation(FDIC) and a component of both the S&P 500 Index and the Dow Jones Industrial Average.[8][9][10]

Bank of America's history dates to 1904, whenAmadeo Gianninifounded theBank of Italyin San Francisco to cater to immigrants who were denied service from other banks.[23][24] Amadeo was raised by the Fava/Stanghellini family when his father was shot while trying to collect on a $10.00 debt.[citation needed] When the 1906 San Francisco earthquake struck, Giannini was able to get all deposits out of the bank building and away from the fires. Because San Francisco's banks were in smoldering ruins and unable to open their vaults, Giannini was able to use the rescued funds to start lending within a few days of the disaster. From a makeshift desk of a few planks over two barrels, he loaned money to anyone who was willing to rebuild. Later in life, he took great pride that all of these loans were repaid.

In 1922, Giannini established Bank of America and Italy[25]in Italy by buying Banca dell'Italia Meridionale,[26] itself only established in 1918.[27][28]

On March 7, 1927, Giannini consolidated his Bank of Italy (101 branches) with the newly formed Liberty Bank of America (175 branches). The result was the Bank of Italy National Trust & Savings Association with capital of $30,000,000, and resources of $115,000,000.

In 1928, A. P. Giannini merged with Bank of America, Los Angeles and consolidated it with his other bank holdings to create what would become the largest banking institution in the country. He renamed his Bank of Italy November 3, 1930, calling it Bank of America. The merger was completed in early 1929 and took the name Bank of America. The combined company was headed by Giannini with Orra E. Monnette serving as co-Chair.

 

Bank of America  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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