Wells Fargo
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.
Lowest Cap Rate
4.65%
Average Cap Rate
0.00%
Property & Lease
Average Sale Price
$1,800,000 – $6,000,000
Average NOI
$115,000 – $275,000
Building SF
4,000
Lease Term
20 Years
Escalations
Varies
Stock Symbol
NYSE:WFC
Credit Rating
S&P
A+
Moody’s
Aa2