$3,294,000 USD
561-427-6699
4689 Hypoluxo rd
Lake Worth, FL 33463
Outer Greenacres
HIGHLIGHTS
- Fifth Third is rated A- by S&P and operates +/- 1,200 branches across 11 states
- Signalized corner location outparcel to high volume Crunch Fitness and shadow anchored by Walmart Supercenter
- 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 4.93% over the base term of the lease
- 44,000 VPD pass the site daily and 80,000 combined VPD at nearest intersection
- Fifth Third opened 31 new branches in 2024, with plans to open 60 in 2025
FOR SALE DETAILS
PRICE
$3,294,000 USD
PRICE/SF
$1,734 USD /SF
CAP RATE
4.25%
% LEASED
-
TENANCY
-
STATUS
Under Construction
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Fifth Third Bank | New 20-YR Ground Lease
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Bank
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2025
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
0.91 AC
LAND SF
39,640 SF
ZONING
C
APN/PARCEL ID
00-42-45-01-00-000-7010
ASK ABOUT THIS PROPERTY
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561-427-6699
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561-427-6699
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