Fifth Third Bank - Lutz FL (FL-54 & Sunlake) | 18710 State 54 rd
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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
PROPERTY TAXES
Parcel Number | 28-26-18-0000-00100-0032 | Improvements Assessment | $0 |
Land Assessment | $2,041,763 | Total Assessment | $2,041,763 |
PROPERTY TAXES
Parcel Number
28-26-18-0000-00100-0032
Land Assessment
$2,041,763
Improvements Assessment
$0
Total Assessment
$2,041,763
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Fifth Third Bank - Lutz FL (FL-54 & Sunlake) | 18710 State 54 rd
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