4689 Hypoluxo rd 1,900 SF Retail Building Lake Worth, FL 33463 $3,182,000 ($1,674.74/SF) 4.40% Cap Rate

Katz & Associates is pleased to offer for sale to qualified investors the opportunity to purchase a Fifth Third Bank located in Lake Worth, Florida (the “Property”). The Property consists of a 1,900-square-foot freestanding retail building on a 0.91-acre parcel of land. Fifth Third recently completed construction on this brand-new building and is operating under a fresh 20-year lease. The lease also features 10% rental escalations every five years throughout the remaining base term, providing investors with a hedge against inflation. The Property is shadow anchored by Walmart (1.8M+ visits and $57.9M+ in sales per Placer.ai) and a brand-new Crunch Fitness. The Property’s surrounding demographics feature 121K+ residents earning an average household income over $89K within 3 miles. The Property presents a long-term opportunity to acquire a brand-new bank asset in a highly desirable trade area.