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Bank

Fifth Third Bank Ground Lease | Brand New Construction – 20 Year Lease | Dominant Retail Corridor

6200 Glenwood Ave, Raleigh, NC 27612

Listing Price: $3,671,000

Cap Rate
4.25%
Tenant Name
Fifth Third Bank
Years Remaining On Lease
20.4
Guarantor
Corporate Guarantee
Rentable SF
2,400
Lease Type
Ground Lease
Rent Per Square Feet
$65.00

Investment Overview

The Sulo Group at Marcus & Millichap is pleased to present a Fifth Third Bank located in Raleigh, NC.

Investment Highlights

  • Brand New Construction – 2021 Delivery
  • 20-Year Ground Lease with Increases Every Five Years
  • Publicly Traded Company with Over $200 Billion in Assets
  • Dominant Retail Location with Multiple Access Points
  • Heavily Trafficked Thoroughfare – 34,000-Plus Cars per Day
  • Premier Raleigh Location with over 185,000 People in Five Miles

Exclusively Listed By

Broker of Record

  • Benjamin Yelm

    Regional Manager

    (843) 952-2222

    License(s) NC: 303785

    North Carolina

Bank

Fifth Third Bank Ground Lease | Brand New Construction – 20 Year Lease | Dominant Retail Corridor

Listing Price: $3,671,000

Cap Rate
4.25%
Tenant Name
Fifth Third Bank
Years Remaining On Lease
20.4
Guarantor
Corporate Guarantee
Rentable SF
2,400
Lease Type
Ground Lease
Rent Per Square Feet
$65.00

Investment Highlights

  • Brand New Construction – 2021 Delivery
  • 20-Year Ground Lease with Increases Every Five Years
  • Publicly Traded Company with Over $200 Billion in Assets
  • Dominant Retail Location with Multiple Access Points
  • Heavily Trafficked Thoroughfare – 34,000-Plus Cars per Day
  • Premier Raleigh Location with over 185,000 People in Five Miles

Investment Overview

The Sulo Group at Marcus & Millichap is pleased to present a Fifth Third Bank located in Raleigh, NC.

Exclusively Listed By

Broker of Record

  • Benjamin Yelm

    Regional Manager

    (843) 952-2222

    License(s): NC: 303785

    North Carolina

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