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The subject property is a freestanding BB&T bank located northwest of Orlando in Eustis, Florida. The Property was developed for Colonial Bank, recently acquired by BB&T. The 4,518 sf building with drive through lane is on 1.52 acres of land. BB&T is near the busy intersection of Highway 441 & 19. Traffic generators in the area include Beall’s, Walgreens Drugstore, Big Lots, Dollar Tree, Family Dollar, McDonald’s, Riverside Bank, Center State Bank, Golden Corral, Long John Silver’s, Wendy’s, Honey Baked Ham, Arby’s, Friendly’s Ice Cream. Traffic counts on Hwy. 441 are 44,500 vpd and Hwy. 19 are 20,100 vpd. Eustis is within the Orlando - Kissimmee MSA.

Tenant: Branch Banking & Trust Co.
Branch Banking &Trust Corporation, headquartered in Winston-Salem, North Carolina, is a fast growing, highly profitable financial holding company. Its bank subsidiaries operate more than 1,800 branch offices in the Carolinas, Virginia, West Virginia, Kentucky, Georgia, Maryland, Tennessee, Texas, Florida, Alabama, Indiana, and Washington D.C. BB&T’s operating strategy distinguishes it from other financial holding companies in that each banking subsidiary is organized as a group of community banks, each with a regional president which allows decisions to be made locally, close to the customer and allows BB&T’s customer service to be more responsive, reliable, and empathetic. BB&T Corporation is one of the top financial holding companies in the country and is rated one of the country’s safest and soundest financial institutions. Since 1989 BB&T has acquired more than 60 community banks and thrifts and 100 insurance agencies.

 
   
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