Truist Bank - Beverly Hills, FL
3643 North Lecanto Highway | Beverly Hills, FL 34465-3560, US
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eXp Commercial is excited to present the sale of a Truist Bank property in Beverly Hills, FL, a well-established location with robust branch deposits.. This property has had a long-term tenant since 2008. This NNN offering includes a 4, 664 SF building on a .93-acre lot, strategically positioned along N Lecanto Hwy, a major north-south artery with over 27, 500 vehicles per day, providing excellent visibility and access. The lease features fixed annual rent increases of 1.5% and renewal options, making this a solid investment with inflation protection. As a management-free asset, the tenant is responsible for all repairs, maintenance, taxes, and operating expenses, offering investors a hands-off, stable income opportunity.
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The property is positioned along N Lecanto Highway (CR-491), a major north south thoroughfare in Citrus County carrying approximately 17, 800 vehicles per day, within an established retail node anchored by national daily needs retailers including Walmart Neighborhood Market, ALDI, CVS, Winn-Dixie, Regions Bank and Dunkin', with Beverly Hills Medical Center nearby supporting recurring corridor traffic. Beverly Hills is an established Citrus County community in the heart of Florida's Nature Coast, with a blend of established and newer residential neighborhoods. The corridor is adding significant growth: more than 1, 100 homes are proposed or planned across the broader N Lecanto Highway corridor, including Amber Ridge West (382 homes), 6906 N Lecanto Hwy (238 lots) and Lecanto Crossings (485 homes plus approximately 25 acres of commercial and flex). Tuscany Ranch, among Citrus County's largest ever residential approvals at 4, 900 homes, and the completed CR-491 widening Phase 2 continue to drive household formation and banking demand across the trade area.