Fifth Third Bank - NNN Net Lease Property for Sale
Lexington, KY
Key Investment Metrics
Price
$3,031,000
Cap Rate
5.5%
Net Operating Income
$166,725
Building Size
2325 SF
Lot Size
1,900 SF
Land Area
0.83 Acres
Year Built
2024
Occupancy
100%
Tenancy
Single
Rent Increases
10% Every 5 Years
About This Fifth Third Bank Net Lease Property
This Fifth Third Bank NNN (triple net lease) property is located in Lexington, KY and represents an excellent investment opportunity for commercial real estate investors. The property features 2325 square feet of building space and was built in 2024.
With a cap rate of 5.5%, this Fifth Third Bank net lease property offers stable income potential. The asking price is $3,031,000, making it an attractive option for 1031 exchange investors seeking quality Fifth Third Bank commercial properties.
Why Invest in Fifth Third Bank NNN Properties?
- Stable Income: Fifth Third Bank net lease properties provide predictable cash flow with minimal landlord responsibilities.
- Strong Tenant: Fifth Third Bank is a nationally recognized brand with proven operational success.
- 1031 Exchange Eligible: This property qualifies for 1031 tax-deferred exchanges, allowing investors to defer capital gains taxes.
- Triple Net Lease: The tenant is responsible for property taxes, insurance, and maintenance, reducing landlord obligations.
Lexington, KY Market Overview
Located in Lexington, KY, this Fifth Third Bank property benefits from strong local demographics and market fundamentals. The Lexington area offers excellent visibility and accessibility, making it an ideal location for Fifth Third Bank operations and a solid investment for net lease property buyers.