Listed by Cushman & Wakefield - Sacramento, California
$2,300,000
Fifth Third Bank Ground Lease | Publix Outparcel
Details
Property Type Retail
Sub Type Bank
Square Footage 2,400
Cap Rate 5.00%
NOI $115,000
Tenancy Single
Brand/Tenant Chase Bank, Wells Fargo Bank
Lease Type Absolute NNN
Lease Term 20
Lease Expiration 07/31/2046
Remaining Term 20
Lease Options 4 x 5-year options
Year Built 2026
Acreage 1.340
Investment Type Net Lease
Tenant Credit Credit Rated, Corporate Guarantee
Lease Commencement 08/01/2026
Ground Lease Yes
20-Year Abs NNN Ground Lease | Outparcel to Publix
Marketing description
- Prime Banking Location: High-visibility and easily accessible location along U.S. Route 76 near a signalized four-way intersection (combined 25,000+AADT).
- Investment-Grade Fifth Third Bank Backing: Fifth Third Bank saw continued growth in key areas in 2025, including strong household and
- Southeast regional deposit expansion, approximately 13% year-over-year growth in Wealth and Asset Management revenue.
- Strong Demographic Base: The five-mile radius serves an affluent region with an excellent average annual household income of $128,277.
- New 2026 Construction: Built in 2026, the 2,400 SF property is designed for Fifth Third Bank’s specific operational needs.
- Zero Management Responsibilities: Absolute NNN ground lease structure transfers maintenance and expense obligations to tenant, including roof, structure, and parking lot.
- Growing Market Dynamics: Projected population and income increases within 1-, 3-, and 5-mile radii over the next five years poise this Fifth Third Bank and Chapin for steady concurrent growth.
Investment highlights
- New 20-year absolute NNN ground lease to Fifth Third Bank, an investment-grade tenant with over 1,100 locations across 11 states (S&P: A- | Moody’s: A1).
- High-visibility and easily accessible location along U.S. Route 76 near a signalized four-way intersection (combined 25,000+ AADT).
- Beneficial proximity to Interstate 26 directly north, allowing the site to capture significant commuter traffic (50,000+ AADT).
- Prime infill location as an outparcel pad to a Publix Supermarket-anchored shopping center, allowing for prime crossover retail opportunities.
Listing Contacts
Listed by Cushman & Wakefield - Sacramento, California
Valuation Calculator
Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$115,000.00
$9,583.33/mo
Valuation Metrics
0
DSCR
5%
Cap Rate
5%
ROI
Map
Broker Selected Comps View More Comps
Property History
Similar Properties
Is there information that looks off?
