9450 W Linebaugh Ave, Tampa, FL 33626
Marcus & Millichap is pleased to exclusively offer Fifth Third Bank located in Tampa, Florida. The property is located in the Westchase submarket of west Hillsborough County approximately 10 miles northwest of Downtown Tampa’s central business district. The property is strategically positioned adjacent to, and part of Westchase Town Center and surrounded by a dense population of higher income residents. In addition, average annual daily traffic exceeds 35,500 cars on West Linebaugh. Fifth Third Bank @ Westchase is offered at 5.70-percent cap rate or$3,505,000. The lease calls for a 10-percent increase in base rent on February 1, 2023 creating an average cap rate of 6.10-percent over the primary remaining term. Fifth Third Bank is publicly traded on the NASDAQ under ticker FTIB and is and investment grade (S&P: BBB+).
Marcus & Millichap is pleased to exclusively offer Fifth Third Bank located in Tampa, Florida. The property is located in the Westchase submarket of west Hillsborough County approximately 10 miles northwest of Downtown Tampa’s central business district. The property is strategically positioned adjacent to, and part of Westchase Town Center and surrounded by a dense population of higher income residents. In addition, average annual daily traffic exceeds 35,500 cars on West Linebaugh. Fifth Third Bank @ Westchase is offered at 5.70-percent cap rate or$3,505,000. The lease calls for a 10-percent increase in base rent on February 1, 2023 creating an average cap rate of 6.10-percent over the primary remaining term. Fifth Third Bank is publicly traded on the NASDAQ under ticker FTIB and is and investment grade (S&P: BBB+).
