Bank of America
Investment-grade (A-) bank that is still trimming branches overall while expanding into new markets. Branch pads are usually ground leases; confirm whether the lease is with the bank (NA) or the holding company.
- US units
- 3,606
- YE2025
- 3Y net growth
- −7.5%
- vs. YE2022 (approx.)
- Credit rating
- A-
- Investment grade
- Typical term
- 10-20 yr
- Ground lease (absolute)
- Model
- Corporate
- Public
Unit count
Bank of America in the news
All news →- Commercial Observer
- PR Newswire
Bank of America net lease FAQ
What is Bank of America's credit rating?
Bank of America is rated A-, which is investment grade. Check the lease to confirm whether the rated entity is the actual guarantor.
How many Bank of America locations are there in the US?
Bank of America reported about 3,606 US locations as of YE2025. That is −7.5% versus 3,900 in YE2022 (approx.).
What does a typical Bank of America net lease look like?
Lease type: Ground lease (absolute). Initial term: 10-20 yr. Rent increases: 10% every 5 yr. These are market-typical terms; actual deals vary by vintage, location and whether the lease is corporate or franchisee-signed.
Is Bank of America corporate or franchised?
Operating model: Corporate. Bank of America is part of Bank of America Corporation. For net lease investors this determines whether rent is backed by the corporate parent or by a franchisee.