841 Main st - Bank FOR SALE


Rolesville, NC 27571
$2,889,000 USD
980-498-3293
841 Main st, Rolesville, NC for Sale
$2,889,000 USD
Bank - FOR SALE
1/5
null | 4.5% Cap Rate

841 Main st
Rolesville, NC 27571


HIGHLIGHTS

  • Long term 20 years lease with 4 x 5 Year options
  • Strong Corporate Guaranty from Credit tenant
  • Dense and affluent Raleigh Trade area

OVERVIEW

NEW 20-YEAR LEASE | 10% ESCALATIONS EVERY 5 YEARS - The property is leased under a new 20-year absolute NNN ground lease with 10% rent increases every five years throughout the base term and option periods. CORPORATE GUARANTY FROM FIFTH THIRD BANK (NASDAQ: FITB) - The lease is guaranteed by Fifth Third Bank, N.A., one of the nation’s largest financial institutions with $296.1 billion in assets, 1,800+ branches, and investment-grade S&P A- and Moody’s A1 ratings. ABSOLUTE NNN GROUND LEASE - The investor acquires fee simple ownership under an absolute NNN ground lease with zero landlord responsibilities PLACER-VALIDATED CONSUMER TRAFFIC - Positioned within a Publix-anchored retail corridor, the nearby Publix ranks among the top 30% of locations nationwide by Placer.ai. DENSE & AFFLUENT RALEIGH TRADE AREA - The property serves more than 108,926 residents within five miles, with average household incomes of $163,263 within three miles and $138,588 within one mile. IRREPLACEABLE INFILL LOCATION IN NORTH CAROLINA’S FASTEST-GROWING CITY - Located in Rolesville, North Carolina’s fastest-growing city, the property fronts South Main Street (23,000 VPD) amid significant mixed-use development and limited future retail land supply.

FOR SALE DETAILS

PRICE

$2,889,000 USD

PRICE/SF

$1,521 USD /SF

CAP RATE

4.5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Fifth Third Bank | Rolesville, NC

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Bank

ADD'L SUBTYPES

Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2026

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

David HoppeAtlantic Capital PartnersMore Info
980-498-3293

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

David HoppeAtlantic Capital PartnersMore Info
980-498-3293

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.