Log In/Sign Up
Your email has been sent.
Fifth Third Bank | 20-YR Abs Net Lease 8253 FL-200 1,900 SF 100% Leased Retail Building Ocala, FL 34481 $3,000,000 ($1,578.95/SF) 4.50% Cap Rate
INVESTMENT HIGHLIGHTS
- Rare low rent ground lease with 20-year initial term
- Shadow anchored by Publix anchored shopping center with full access and excellent visibility to 36,000 VPD along SR 200
- Absolute Net Ground Lease provides completely passive ownership and stable cash-flow for absentee owner
- Fifth Third is rated A- by S&P and operates +/- 1,200 branches across 11 states
- Located in front of On Top of The World, a 13,000 acre retirement community with expansion plans and Ocala was ranked the 3rd fastest growing MSA in F
- Fixed 10% increases provide hedge against inflation and an average return of 5.22% over the base term of the lease
EXECUTIVE SUMMARY
Atlantic Capital Partners has been exclusively engaged to solicit offers for the sale of this new 20-year Fifth Third Bank ground lease in Ocala, FL. Fifth Third is currently under construction and is scheduled to open in August.
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
1,900 SF
Building Class
B
Year Built
2025
Price
$3,000,000
Price Per SF
$1,578.95
Cap Rate
4.50%
NOI
$135,000
Percent Leased
100%
Building Height
1 Story
Building FAR
0.04
Lot Size
0.98 AC
Zoning
B4
Frontage
200’ on Southwest State Road 200
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE END
- Fifth Third Bank
- -
- -
- -
- -
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE END | ||
| Fifth Third Bank | - | - | - | - |
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 35300-031-04 | Improvements Assessment | $2,343 |
| Land Assessment | $171,610 | Total Assessment | $173,953 |
PROPERTY TAXES
Parcel Number
35300-031-04
Land Assessment
$171,610
Improvements Assessment
$2,343
Total Assessment
$173,953
1 of 4
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
Presented by
Fifth Third Bank | 20-YR Abs Net Lease | 8253 FL-200
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.