Fifth Third Bank
WELL LOCATED FIFTH THIRD BANK IN NASHVILLE TENNESSE
- Single-tenant Absolut NNN Ground Lease (zero landlord responsibilities)
- Location was built in 2008, and has shown tremendous growth.
- Lease calls for Four – 5 Year extension options following the initial lease term with 10% increase at each option period.
- Fifth Third Bank is a national credit tenant, publically traded on the NYSE: FITB. Fifth Third Bank. posted a 2013 net income of over $415 Mil and maintains a BBB+ credit rating by Standard and Poor.
- Recently constructed in 2008.
- Location is supported by ideal demographics with over 170,754 people in a 5-mile radius and an average household income of over $74,385.
