4110 NW Federal Hwy - Bank FOR SALE
Jensen Beach, FL 34957 |
$3,555,550 USD
561-427-6699
4110 NW Federal Hwy
Jensen Beach, FL 34957
HIGHLIGHTS
- Shared traffic light with Lowe's, BJ's Wholesale Club and Publix in affluent ($105,000 AHHI in 3 miles) South Florida market
- Low rent ground lease with large capital investment by the Tenant and 20-year initial term
- Fifth Third is rated A- by S&P and operates +/- 1,200 branches across 11 states
- Over-sized 1.54 Acre lot increases residual value and provides long-term upside potential
- Absolute Net Ground Lease provides completely passive ownership and stable cash-flow for absentee owner
- Fixed 10% increases provide hedge against inflation and an average return of 5.22% over the base term of the lease
FOR SALE DETAILS
PRICE
$3,555,550 USD
PRICE/SF
$665 USD /SF
CAP RATE
4.5%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Fifth Third Bank | 20-YR Abs Net Lease
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Bank
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2025
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
1.54 AC
LAND SF
67,261 SF
ZONING
PUD
APN/PARCEL ID
18-37-41-006-000-00010-0
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561-427-6699
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Please correct the highlighted field(s).
561-427-6699
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