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Bank

Fifth Third Bank Ground Lease

7068 US-431, Owens Cross Roads, AL 35763

Listing Price: $2,371,134

Cap Rate
4.85%
Tenant Name
Fifth Third Bank
Years Remaining On Lease
19.8
Gross SF
1,900
Guarantor
Corporate Guarantee
Rentable SF
1,900
Price/Gross SF
$1,247.97
Lease Type
NNN Ground Lease
Rent Per Square Feet
$60.53

Investment Overview

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.

Owens Cross Roads is a family-oriented community located at the foothills of the Appalachian Mountains, known for its quiet residential neighborhoods, scenic landscapes, and proximity to outdoor recreation. It is part of the Huntsville MSA, one of the fastest-growing and most economically dynamic regions in the southeastern United States.

Investment Highlights

  • Brand New 20-Year Absolute Triple-Net Lease with Corporate Guaranty
  • 10 Percent Rental Increases Every Five Years with Multiple Renewal Options
  • New High-Quality 2026 Construction
  • Located in a Major Retail Corridor With National Tenants Including Walmart Supercenter, Lowe's Home Improvement, McDonald's, Anytime Fitness, and More
  • Easily Accessible Location Along US Highway 431 (Over 30,900 Cars per Day), Owen Cross Roads' Primary Thoroughfare
  • Situated in the Huntsville MSA, Approximately 12 Minutes from Downtown Huntsville
  • Approximately 20 Minutes from The University of Alabama in Huntsville (Over 10,500 Students)

Broker of Record

  • Eddie Greenhalgh

    Senior Managing Director Investments

    (205) 510-9200

    License(s) AL: 0000882980

    Alabama

Financing By

Bank

Fifth Third Bank Ground Lease

Listing Price: $2,371,134

Cap Rate
4.85%
Tenant Name
Fifth Third Bank
Years Remaining On Lease
19.8
Gross SF
1,900
Guarantor
Corporate Guarantee
Rentable SF
1,900
Price/Gross SF
$1,247.97
Lease Type
NNN Ground Lease
Rent Per Square Feet
$60.53

Investment Highlights

  • Brand New 20-Year Absolute Triple-Net Lease with Corporate Guaranty
  • 10 Percent Rental Increases Every Five Years with Multiple Renewal Options
  • New High-Quality 2026 Construction
  • Located in a Major Retail Corridor With National Tenants Including Walmart Supercenter, Lowe's Home Improvement, McDonald's, Anytime Fitness, and More
  • Easily Accessible Location Along US Highway 431 (Over 30,900 Cars per Day), Owen Cross Roads' Primary Thoroughfare
  • Situated in the Huntsville MSA, Approximately 12 Minutes from Downtown Huntsville
  • Approximately 20 Minutes from The University of Alabama in Huntsville (Over 10,500 Students)

Investment Overview

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. Owens Cross Roads is a family-oriented community located at the foothills of the Appalachian Mountains, known for its quiet residential neighborhoods, scenic landscapes, and proximity to outdoor recreation. It is part of the Huntsville MSA, one of the fastest-growing and most economically dynamic regions in the southeastern United States.

Broker of Record

  • Eddie Greenhalgh

    Senior Managing Director Investments

    (205) 510-9200

    License(s): AL: 0000882980

    Alabama

Financing By

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