Fifth Third Bank Ground Lease
Abs NNN Corporate Ground Lease | New 5-Yr Extension | 30 Miles East of Dayton, OH
Marketing description
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: Ohio, Alabama, Florida, Georgia, Illinois, Indiana, Kentucky, Michigan, North Carolina, South Carolina, Tennessee, and West Virginia. According to Fortune 500, it is of the largest banks in the United States. The name "Fifth Third" is derived from the names of the bank's two predecessor companies, Fifth National Bank and Third National Bank, which merged in 1908.
The Fifth Third and Comerica merger, which officially closed on February 2, 2026, was a $12.3 billion all-stock transaction. This deal solidified Fifth Third's position as the 9th-largest bank in the U.S., with approximately $294 billion in total assets.
Springfield is a city in, and the county seat of, Clark County, Ohio. The city lies in southwestern Ohio, roughly 45 miles west of Columbus and 25 miles northeast of Dayton. The city is home to over 58,600 residents. The surrounding Clark County area is home to over 136,000 residents.
The industries that shape Springfield's economy include advanced manufacturing; agribusiness, food processing, and technology; logistics and distribution; and insurance. Springfield is home to four corporate and industrial parks, which serve as operations for a number of national and regional companies: ALDI, Dole Foods, Benjamin Steel, Love's Travel Center, Bob Evans Foods, and more. Clark County has a labor force of over 63,000 people. There are 13 traditional colleges and universities located within 45 minutes of Springfield, adding to the area's talented and growing workforce. The Greater Springfield area is home to three prominent colleges: Wittenberg University, Cedarville University, and Clark State Community College.
Investment highlights
- Absolute NNN Ground Lease - New 5 Year Extension, Showing Commitment to the Site
- 5% Rental Increases Every 5 Years with Multiple Renewal Options
- Outparcel to Walmart Supercenter
- Adjacent to ±1,500 New Single-Family and Multi-Family Homes in Development
- Easily Accessible Location 3 Miles Off Interstate 70 and Along East National Road, Providing Direct Access into Downtown Springfield
- 73,195 Residents within a 5-Mile Radius
- Minutes from Buck Creek State Park, a Tourist Destination Featuring a 2,120-Acre Lake
- Down the Road from the Prime Ohio Corporate Park, Home to Distribution Centers for ALDI, Gordon Food Service, and Dole Foods
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