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Fifth Third Bank | Brand New Construction 20 Year Absolute NNN Ground Lease

2501 W Bay Dr, Belleair, FL 33770

  • For Sale $4,950,000
  • Property Type Retail
  • Property Size 1,900 SF
  • Lot Size 0.49 SF
  • Year Built 2022
  • Date Updated Aug 09, 2022

We are pleased to offer to qualified investors a rare opportunity to purchase a brand-new construction, 20 year absolute NNN ground lease investment, occupied by Fifth Third Bank with 10% rental increases every 5 years and 4, 5 year options. Located in Belleair, FL (Tampa MSA), the subject property is strategically positioned along the main east/west corridor of Belleair that leads directly to the beach communities which are approximately 1.75 miles to the east of the subject property. Additionally, the property is easily accessible from West Tampa’s main north/ south thoroughfare (Hwy 19).

Positioned near the hard corner signalized intersection of Indian Rocks Rd and Bay Dr, which has traffic counts 36,100+ VPD, the subject property is located in the middle of the area’s main daily needs shopping destination with many national retailers including Publix Super Market, Walgreens, Panera Bread, Bank of America and more in close proximity. This is a rare opportunity to own a brand-new single tenant absolute NNN ground lease investment, occupied by an investment grade tenant (“A-” by S&P), with 20 years of lease term remaining and zero landlord management responsibilities.

Available

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Location

  • Walk Score ® Very Walkable (73)
  • Bike Score ® Bikeable (66)
Powered by Walk Score ®
  • City Belleair, FL
  • Neighborhood McKay Creek
  • Zip Code 33770
  • Market Tampa St Petersburg Clearwater

Points of Interest

Speedway

0.19 miles

Shell

1.73 miles

Marathon

1.78 miles

Wawa

1.82 miles

BP

1.84 miles

Sunoco

2.04 miles

Shell

2.25 miles

RaceWay

2.45 miles

7-Eleven

2.45 miles

Wawa

2.53 miles

12th Avenue Beach Access Park

2.60 miles

Franklin Saint Flag Parking

3.36 miles

Garden Avenue Parking Garage

3.59 miles

City of Clearwater Parking Lot #32

3.87 miles

Seminole High School Student Parking Lot

4.57 miles

Seminole High School Visitor Parking Lot

4.67 miles

Seminole High School East Faculty Parking Lot

4.70 miles

Seminole High School West Faculty Parking Lot

4.73 miles

Seminole High School South Faculty Parking Lot

4.76 miles

Park Boulevard Boat Ramp

5.36 miles

Aloha Ansley Hawaiian Fusion Restaurant

0.37 miles

Cafe Sahara Mediterranean Cuisine

0.41 miles

La Pizza Mia

1.51 miles

Greek Island Restaurant

1.51 miles

Roosterfish Grill

1.71 miles

The Sports Shack Bar & Grill

1.72 miles

Denny's

1.77 miles

Waffle House

1.78 miles

Burger King

1.79 miles

Subway

1.85 miles

Publix

0.11 miles

Publix

1.01 miles

Save-A-Lot

1.14 miles

ALDI

1.71 miles

Walmart Supercenter

1.88 miles

Walmart Supercenter

1.88 miles

Publix

2.32 miles

Publix

2.42 miles

Target

2.44 miles

CGX

2.45 miles

Contacts

broker

Eric Carlton

broker

Jereme Snyder

broker

Mike Milano

Frequently Asked Questions

What is the total square footage of Fifth Third Bank | Brand New Construction 20 Year Absolute NNN Ground Lease?

Fifth Third Bank | Brand New Construction 20 Year Absolute NNN Ground Lease totals 1,900 square feet.

When was this property built?

Fifth Third Bank | Brand New Construction 20 Year Absolute NNN Ground Lease was built in 2022.

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Contact Fifth Third Bank | Brand New Construction 20 Year Absolute NNN Ground Lease

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