Lowest Cap Rate
4.43%
Lowest Cap Rate over past 24 months
Average Cap Rate
6.37%
12 mo avg with 3+ yr lease term
Average Cap Rate calculated if 3+ comps are available over past 12 months
Quarter Cap Rate
6.37%
Average Cap Rate over previous quarter
Average Quarter Cap Rates calculated over prior full quarter, irrespective of term length
Overview
Wells Fargo is one of the nation's largest retail bank chains. Currently Wells Fargo has over 8,000 locations nationwide. A Wells Fargo lease typically has no landlord responsibility over 15-20 years, and can include various rent escalations.
Property & Lease
Sales Price Range$1,800,000 - $6,000,000
NOI Range$115,000 - $275,000
Building SF4,000
Lease Term20 Years
EscalationsVaries
Stock SymbolNYSE:WFC
Credit Rating
S&PA1
Moody'sBBB+
Cap Rate By Region
Average regional cap rates calculated over past 24 months, irrespective of term length
5.85
6.17
5.89
6.76
N/A
5.94
*Regional cap rates calculated from sales data available over the past 24 months, irrespective of remaining term.
Financial Fundamentals
- Overview
- Cap Rate By Region
- Financial Fundamentals
- Stock Analysis
Recent Sales Comps
Turnersville, NJ5.85%
Green Bay, WI5.89%
Reisterstown, MD8.11%
Top Consumer Traffic
Los Angeles, CA467,200
Santa Maria, CA436,300
National City, CA433,300
Provided by Placer.ai
*Indicates ranking may be skewed due to limited data
