Fifth Third Bank - Delray Beach, FL
5026 West Atlantic Avenue, Delray Beach, FL, 33484, US
€3,122,000 | 177 m²
Jones Lang LaSalle Americas, Inc. (“JLL”) is pleased to offer the opportunity to acquire the ground leased interest in a freestanding single-tenant Truist Bank regional bank branch located at 9909 Hagen Ranch Road, Boynton Beach, FL (“Property” or “Asset”).
Initially constructed as a build-to-suit for the Tenant in 2010, the Asset features an investment grade corporate guaranty from Truist Bank (S&P: ‘A-’), 5.4 years of lease term remaining and limited landlord responsibilities.
This unique and rare opportunity allows investors the ability to acquire an infill regional bank branch with high value intrinsic real estate situated the affluent Boynton Beach submarket. The asset offers secure, long-term cash flow backed by an investment grade financial services firm that contains over $542.7 billion in total assets.