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assets. most of sold from currently lease term on originally term, been have To-date properties the we're under XX-year which Therefore, properties, group all average have have leases approximately term. SunTrust and occupied had agreement SunTrust a we're currently of the years the that as remaining and branches the to SunTrust sell also extending we we remaining sell of lease eight the
leased average from our $XX.X rate The a these net for pipeline million $XX X.X% occupied of primarily assets, contract has million. be to The point proceeds service will of weighted sale almost basis XXX properties average SunTrust a of at spread SunTrust a X.X%. cap X.X%, average five the of the weighted aggregate at redeployed under price weighted sold which of an over properties additional rate sold. were of branches to a properties cap rate an into we cap We're sell retail
XX the We As our XX, of our properties best-in-class believe portfolio of our Columbia. June among peers. is portfolio states XXX in and consisted District of located
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growing and long-duration rates on find of objectives, accretive segment that portfolio investment our attractive continue with are single-tenant to align and focused cap our believe leases. opportunities the including We're what we
tenants, multi-tenant Our experiential service to meaningfully contribute to drive we to e-commerce retail and XX% of retail of our portfolio With lease we from continues tenants. to foot to traditional seek types focus, these space tenants. rent coming defensive traffic as
almost $XX within million leases of approximately of Across average has two multi-tenant that. XX in foot XX% rent X% straight-line remaining years. expire annual Our escalators of square next and leases X.X% term annual expire X.X portfolio with the occupancy the the multi-tenant X% with executed only an years, of after X.X property, and weighted a average lease year rent, million portfolio
Our remains sustained lease on asset has efforts upcoming discuss. in minimal management found renewing maturities further success team and Zach our as will focused their
reiterate we've quarters, all opportunity XXth, at approved occupied shareholders currently X.X% between discussed BB&T. merger properties include leases pending of merger the to SunTrust rent few the to last and the the want the and the take July the annual own In SunTrust escalators. SunTrust On I we
XX the contractually payments years SunTrust duration averages properties which through AFIN from lease the rent these entitled of Further to receive over full remaining. is term,
and merger a estate of good will, maintain We the the relationship professionals monitor with at real continue course, banks. the to
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