Atlantic Capital Partners has been engaged to offer a free-standing Fifth Third Bank in one of Raleigh’s wealthiest areas. Fifth Third Bank expressed long-term commitment to the location by signing a 20-year absolute NNN lease, providing an investor with passive income from a publicly traded bank, that currently ranks #358 on the Fortune 500 and boasts an Investment Grade Credit rating of A- from S&P. This Fifth Third Bank will be taking the place of a former bank with high deposit records.
- Long Term Passive Income – 20 year absolute NNN lease provides for truly passive income with excellent 10% rent increases every 5 years | Great hedge against inflation
- Corporate Guaranty from Investment Grade Tenant – Fifth Third has been successfully operating since 1908 and has plans to continue expanding in the southeast, with over 120 branches expected to be added over the next 5 years | Publicly traded company with Investment Grade Credit (S&P Rating: A- )
- Top Real Estate Market in the Country – Raleigh is widely regarded as a top real estate market based on investor demand, development/redevelopment opportunities, & local economy by many credible institutions including Urban Land Institute, Zillow, & PWC
- Ease of Access – Two points of ingress/egress from two different roads | 3-lane drive-thru on site