Fifth Third Bank - Delray Beach, FL_待售物业
Fifth Third Bank - Delray Beach, FL_待售物业
5026 West Atlantic Avenue, Delray Beach, FL, 33484, US

Fifth Third Bank - Delray Beach, FL

资产描述

Jones Lang LaSalle Americas, Inc. (“JLL”), is pleased to exclusively offer for sale the ground leased interest in the new construction Fifth Third Bank located at 5026 West Atlantic Avenue in Delray Beach, FL (the “Property” or “Asset”). Fifth Third Bank is among the largest money managers in the Midwest, carries an investment grade credit rating (S&P: A-), and has been named one of the World’s Best Private Banks by Global Finance for four consecutive years. The tenant signed a new 20-years lease with 10.0% rental increases every 5 years across the primary lease term and the four, 5-year renewal options.


Located on a major retail corridor in Delray Beach, the Property benefits from the ease of access to both Interstate-95 and Florida’s Turnpike. The Property is an outlot to the recently redeveloped and rebranded Delray Landing shopping center, which features a brand-new Sprouts Farmers Market. The Property is also an outparcel to the Delray Square Shopping Center, a highly trafficked shopping center in the region with over 1.5 million visitors annually and 9+ retailers, including a Publix Supermarket that is ranked in the 89th Percentile of all Publix stores in the nation (per Placer.ai).


The Property benefits from the 19% population growth that has occurred in the past decade within a five-mile radius. The Asset is located on west side of Delray near Legacy at Sherwood Park Golf Course. The Property is within a residential and retail trade area along Atlantic Avenue and South Military Trail with direct exposure to over 84,500 vehicles per day. It is less than twenty-miles from the Palm Beach International Airport and Florida Atlantic University, an 850-acre academic campus with over 30,000 students enrolled annually.

...

属性

询价
¥25,067,000
资本化率
4.5%
净运营收入
¥1,128,000
加权平均未到期租赁期
20 年
建成年份
2024
建筑净面积
177 平方米
土地总面积
0.22 公顷
占用率
100%

媒体

投资亮点

  • New Construction Property with 10% Rent Bumps Every 5-years of Base Term
  • Ground Lease with Zero Landlord Responsibilities, with 20 Years of Lease Term Remaining
  • 19.9% Population Growth within A 5-mile Radius of The Property
  • Average Household Income of $132K Within A 5-mile Radius
  • Situated Along Atlantic Ave & S Military Trail (84,500 VPD)
  • Proximate to Top Performing Publix In The Nation (Placer.Ai)
  • Outparcel to A Recently Renovated Shopping Center with A New Sprouts
Fifth Third Bank - Delray Beach, FL 4_待售物业

联系经纪人

Fifth Third Bank - Delray Beach, FL (0个物业)
有任何问题吗?访问我们的常见问题页面
查看常见问题页面Arrow Right
JLL可以帮助您融资和管理您的投资组合。今天就给我们发邮件,看看我们如何帮助您实现您的目标。
最后更新
2024年12月10日