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Fifth Third Bank - Lutz FL (FL-54 & Sunlake) 18710 State 54 rd

1,900 SF 4-Star Retail Building Lutz, FL 33558 $3,888,000 ($2,046/SF) 4.50% Cap Rate

Investment Highlights

  • Fifth Third Bank is strategically located at the signalized, hard corner intersection of SR-54 & Sunlake Blvd averaging a combined 79,800+ VPD
  • Adjacent to proposed HCA Medical Building and across from Sunlake Centre, a Publix anchored shopping center
  • Sunlake Centre ranks in the top 92% of all nationwide neighborhood centers, and the Publix ranks in the top 96% (49 out of 1,300) of all nationwide lo

Executive Summary

20-YEAR LEASE | SIGNALIZED, HARD CORNER INTERSECTION | SURROUNDING RETAIL & MIXED-USE DEVELOPMENT

Property Facts

Sale Type
Investment NNN
Sale Condition
Ground Lease (Leased Fee)
Property Type
Retail
Property Subtype
Bank
Building Size
1,900 SF
Building Class
A
LoopNet Rating
4 Star
Year Built
2024
Price
$3,888,000
Price Per SF
$2,046
Cap Rate
4.50%
NOI
$175,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.05
Lot Size
0.92 AC
Zoning
C-2 - Commercial
Parking
13 Spaces (6.84 Spaces per 1,000 SF Leased)
Frontage
168 FT on Pasco Business Center Way

Amenities

  • Banking
  • Corner Lot
  • Signalized Intersection
  • Drive Thru
  • Air Conditioning

Nearby Major Retailers

Mission BBQ
First Watch
Starbucks
The Brass Tap
Fifth Third Bank
Publix
F45 Training, Inc.
StretchLab
Beef 'O' Brady's
ALDI

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
28-26-18-0000-00100-0032
Land Assessment
$2,041,763
Improvements Assessment
$0
Total Assessment
$2,041,763
  • Listing ID: 32893454

  • Date on Market: 8/20/2024

  • Last Updated:

  • Address: 18710 State 54 rd, Lutz, FL 33558

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