Listed by Marcus & Millichap - Columbus, Marcus & Millichap - Phoenix
$2,371,134
Fifth Third Bank Ground Lease
Details
Property Type Retail
Sub Type Bank
Square Footage 1,900
Cap Rate 4.85%
NOI $115,000
Occupancy 100%
Tenancy Single
Lease Term 20
Lease Expiration 03/30/2046
Remaining Term 20
Rent Bumps Yes
Lease Options 4, 5 Year Options
Year Built 2026
Acreage 0.830
Investment Type Net Lease
Lease Commencement 03/25/2026
Ground Lease Yes
New 20-Yr Abs NNN Ground Lease | Huntsville MSA
Marketing description
- Brand New 20-Year Absolute NNN Lease with Corporate Guaranty
- 10% Rental Increases Every 5 Years with Multiple Renewal Options
- New High-Quality 2026 Construction
- Located in a Major Retail Corridor With National Tenants Including Walmart Supercenter, Lowe’s Home Improvement, McDonald’s, Anytime Fitness, and More
- Easily Accessible Location Along US Highway 431 (30,900+ Cars per Day), Owen Cross Roads’ Primary Thoroughfare
- Situated in the Huntsville MSA, ±12 Minutes from Downtown Huntsville
- ±20 Minutes from The University of Alabama in Huntsville (10,500+ Students)
Investment highlights
Fifth Third Bancorp is a bank holding company headquartered in Cincinnati, Ohio. It is the parent company of Fifth Third Bank, which operates over 1,000 branches and 2,400 automated teller machines across 12 states.
Owens Cross Roads is a family-oriented community located at the foothills of the Appalachian Mountains, known for its quiet residential neighborhoods, scenic landscapes, and proximity to outdoor recreation. It is part of the Huntsville MSA, one of the fastest-growing and most economically dynamic regions in the southeastern United States.
Listing Contacts
Listed by Marcus & Millichap - Columbus, Marcus & Millichap - Phoenix
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$115,000.00
$9,583.33/mo
Valuation Metrics
0
DSCR
4.85%
Cap Rate
4.85%
ROI
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