Fifth Third Bank | Largo, FL 33770
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Fifth Third Bank
Largo, FL 33770
Brand New 20 Yr. Ground Lease- Trophy Demo's · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Brand New Rare 20 Yr. Absolute NNN Ground Lease by Fifth Third Bank (NASDAQ: FITB) - $27M Cap
- Bank is One of the Largest Money Managers in the Midwest ($549B in Assets) - S&P Rated A-/Baa1
- High Net Worth Coastal Suburb of Tampa Bay - Major Business Hub of Florida - Huge Population Growth
- Trophy Coastal Location in Tampa MSA (Belleair) - Highly Affluent Demo’s with over $1.2B in Deposits
- 2022 Prototype Branch with Drivethru - 10% Rent Bumps every 5 Yrs. - Zero LL Duties- Opening Soon!
- Generational Opportunity in Fast-Growing Tax-Free State - High Visibility Street Frontage next to Publix
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
5,994 SF
Building Class
C
Year Built
1974
Tenancy
Single
Building Height
1 Story
Building FAR
0.28
Lot Size
0.49 AC
Zoning
Commercial
Parking
26 Spaces (4.34 Spaces per 1,000 SF Leased)
Frontage
119’ on West Bay Drive
PROPERTY TAXES
| Parcel Number | 32-29-15-55350-012-0050 | Improvements Assessment | $1,727,834 |
| Land Assessment | $802,166 | Total Assessment | $2,530,000 |
PROPERTY TAXES
Parcel Number
32-29-15-55350-012-0050
Land Assessment
$802,166
Improvements Assessment
$1,727,834
Total Assessment
$2,530,000
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