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Off Market
1/3

1133 W NC 54
Durham, NC 27707


HIGHLIGHTS

  • Fifth Third Bank, National Association (S&P “A-” Rating) - 20 Year Absolute NNN Ground Lease
  • Rare 15% Rental Increases Every 5 Years
  • Pad site to a Harris Teeter anchored shopping center surrounded by a wide array of local, regional, and national credit tenants
  • Located within North Carolina’s Research Triangle
  • Exposure to a combined 30,000+ vehicles per day at the intersections of the center
  • Population of 48,156 within 3 miles of the subject property

OVERVIEW

New Fifth Third Bank Ground Lease S&P A- 15% Rental Increases every 5 years

FOR SALE DETAILS

PRICE

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# OF LOTS

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LAND DETAILS

PROPERTY NAME

Fifth Third Bank Ground Lease-15% Rent Bumps

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Commercial

LAND PROPOSED USE

Commercial, Bank

LAND ACRES

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LAND SF

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OFFSITE IMPROVEMENTS

Sewer, Water, Electricity, Gas, Streets, Curb/Gutter/Sidewalk, Cable, Telephone, Irrigation

ZONING

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APN/PARCEL ID

211010