993 N Peachtree Pky - Bank FOR SALE


Peachtree City, GA 30269
$3,804,347 USD
619-218-6427
993 N Peachtree Pky, Peachtree City, GA for Sale
$3,804,347 USD
Bank - FOR SALE
1/4
null | 4.6% Cap Rate

993 N Peachtree Pky
Peachtree City, GA 30269


HIGHLIGHTS

  • New 20-Year Absolute NNN Lease Corporately Guaranteed by Fifth Third Bank (NASDAQ: FITB)
  • 10% Rental Increases Every Five Years, Including (4) 5-Year Renewal Options
  • Prime Outparcel Location – Located at one of Georgia’s Top Kroger Stores (Top 95% per Placer AI), Adjacent to Target, and within Kendron Village
  • Located in one of the Most Affluent Neighborhoods in Georgia w/ Average Household Income Exceeding $174,000
  • High-Traffic Area with Excellent Visibility at Highway 74 & Peachtree Parkway, with Traffic Counts Exceeding 43,000 VPD
  • Large 1.50-Acre Parcel Located at Signalized Intersection at Entrance to Kendron Village

OVERVIEW

The subject property is a new Fifth Third Bank located in Peachtree City (Atlanta), GA. The brand new 20-year absolute NNN lease is corporately guaranteed by Fifth Third Bank (NASDAQ: FITB) and includes 10% rental increases every 5-years in the primary term and in the (4) five-year option periods. This is a rare opportunity to acquire a fee simple ownership interest in the land and building with the ability to depreciate the asset. This new Fifth Third Bank is located in one of the most affluent neighborhoods in Georgia with average household income exceeding $174,000. Strategically positioned along Highway 74 and Peachtree Parkway, the property benefits from exceptional visibility and access, with daily traffic counts exceeding 43,000 vehicles per day. It is an outparcel to one of Georgia’s top-performing Kroger supermarkets (top 95% per Placer AI) and is adjacent to Target, ensuring strong retail synergy and consumer traffic. Additionally, the property sits within Kendron Village, a top-performing shopping center ranked 94% in Georgia and 88% nationwide (per Placer AI), further enhancing its retail draw. The large 1.50-acre lot at the entrance to the shopping center provides excellent accessibility and long-term value. Within 10-miles of the subject property there are over 227,000 residents with 6.0% expected population growth over the next 5-years. These demographics, combined with the high-traffic retail corridor, ensure consistent customer demand and long-term stability. National retailers in the immediate vicinity include Kroger, AT&T, Tire Discounters, UPS, Target, Pizza Hut, Starbucks, Outback, Chick-Fil-A, Wendy’s, Petco, Mattress Firm, Verizon, Ross, GNC, further enhancing the property’s visibility and viability as a premier investment.

FOR SALE DETAILS

PRICE

$3,804,347 USD

PRICE/SF

$926 USD /SF

CAP RATE

4.6%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Fifth Third Bank | New 20-Year Absolute NNN

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Bank

ADD'L SUBTYPES

Freestanding, Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2025

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.5 AC

LAND SF

65,340 SF

ZONING

-

APN/PARCEL ID

07-36-00-073

ASK ABOUT THIS PROPERTY

John WertzWertz Real Estate Investment ServicesMore Info
619-218-6427

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John WertzWertz Real Estate Investment ServicesMore Info
619-218-6427

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