CBRE is pleased to present this brand new 20-year ground lease with Fifth Third Bank (Investment grade S&P Rating of A-) in Inverness, FL located just west of the highly acclaimed “The Villages” which is one of the fastest growing master planned communities in the U.S. The property is located directly on the primary east/west commercial corridor on an out parcel to the market’s dominant Publix shopping center. This Publix is among the top 10% performing Publix stores in the entire country per Placer.ai.
This asset is among the most desirable type of properties sought after by 1031 exchange buyers. Investment grade credit, directly in the “retail core” of a high growth market, outparcel to a tremendously successful Publix center and a lease that allows for truly “hands off” ownership along with fixed rental increases throughout the entire lease, including options.