HIGHLIGHTS
- Brand New 20-Year Lease | 2026 Construction | Options To Extend | Corporate Signed | Scheduled Rental Increases
- Absolute NNN Ground Lease | Leased Fee (Land Ownership) | Zero Landlord Responsibilities | No State Income Tax
- Signalized, Hard Corner Intersection | Several New Developments |High-Growth Corridor | Lake Nona - The Future of Cities
- Strong Demographics In 5-mile Trade Area
OVERVIEW
• Brand new 20-year lease with 4 (5-year) options to extend, demonstrating their long-term commitment to the site
• The tenant, Fifth Third Bank, is an investment grade tenant (S&P: A-) with more than 1,100 locations
• The lease features 10% rental increases every 5 years and at the beginning of each option period, boosting NOI and hedging against inflation
FOR SALE DETAILS
PRICE
$3,296,000 USD
PRICE/SF
$1,619 USD /SF
CAP RATE
4.55%
% LEASED
-
TENANCY
Single
STATUS
Proposed
SALE TYPE
Investment
ON GROUND LEASE
Yes
BUILDING DETAILS
PROPERTY NAME
Fifth Third Bank - Orlando (Lake Nona) FL
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Bank
ADD'L SUBTYPES
Freestanding, Storefront
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
-
SPRINKLERS
-
PARKING SPACES
15
LAND DETAILS
LAND ACRES
0.61 AC
LAND SF
26,572 SF
ZONING
PD
APN/PARCEL ID
33-24-30-6061-34-062
ASK ABOUT THIS PROPERTY
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954-302-7365
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Please correct the highlighted field(s).
954-302-7365
By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.
