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Lease Guarantor

PROPERTY/LOT
IMMEDIATE LOCATION
AREA LOCATION
TENANT ATTRIBUTES
INVESTMENT/GUARANTOR
DOM: 71 Updated: 08.20.25 Posted: 08.20.25 Status: Active     08.20.25

Summary

Price $1,700,000
Built/Renov 2025
Tenant Fifth Third Bank (GL)
Cap Rate 4.71%
Lease Type Abs NNN
Guarantor Corp T and Rated
Size/SF 2,200
Lease Start 11-01-2025
#Units 1,100
Price/SF $772.73
Expiration 11-01-2045
Tenant Type Bank/Financial
NOI $80,000
R. Term 20.0
Ownership Ground Lease
Rent/SF $36.36
Increases 10.0%/6/yrs
Pop 5Mi 68,874
Lot/AC 0.65
Options 4/5yrs/10%
AHHI 5Mi $110,921

Highlights

  • Brand new 20-year lease with 4 (5-year) options to extend
  • The lease features 10% rental increases every 5 years and at the beginning of each option period
  • Absolute NNN lease | Zero landlord responsibilities
  • Corporate guarantee

Location Description

Fifth Third Bank is strategically located along Highway 96 in Bonaire, Georgia, with access to a daily traffic count of approximately 26,700 vehicles. The site is surrounded by major national retailers including Publix, Kroger, Walmart Supercenter, Lowe’s, Home Depot, Chick-fil-A, Starbucks, McDonald’s, and Walgreens, driving consistent consumer traffic to the area. The property is located...

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Maps

  • 1 Mile
  • 3 Miles
  • 5 Miles

Tenant

  • Tenant: Fifth Third Bank
  • Guarantor:Corp T and Rated
  • Company:Fifth Third Bancorp
  • # Units:1,100
  • Tenant S&P: A-
  • Moody’s: A1
  • Stock: NASDAQ: FITB

About Tenant

Fifth Third Bank, a subsidiary of Fifth Third Bancorp, is a diversified financial services company. As of March 2023, Fifth Third had $171 billion in assets and operated more than 1,100...


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Demographics

  1 Miles 3 Miles 5 Miles
2030 Total Population : 2,782 22,950 74,401
2025 Total Population : 2,551 21,246 69,948
2025 Employed Civilian Pop : 1,287 9,663 33,286
2025 Total Businesses : 78 326 1,382
2025 Average Household Income : $ 130,611 $ 126,424 $ 104,587
2025 Total Consumer Spending : $ 92 M $ 818 M $ 2353 M
2025 Median Age : 36 39 36
2025 Total Households : 834 7,579 25,950
2025 Pop Age 25+: Bachelor's Degree : 484 3,433 10,838
2025 Average Home Value : $ 336,921 $ 340,086 $ 330,893
*ESRI data is presented for informational purposes only

Traffic

Collection Street Cross Street Year Traffic Vol Distance
Azalea Ave Hwy 129 2005 210 0.28 mi
Azalea Avenue Allen Way 2019 210 0.29 mi
Old Perry Rd Bellwood Ave 2005 950 0.87 mi
Old Highway 96 Hampton Meadows Dr 2019 4,180 1.09 mi
Old Hawkinsville Rd Forest Mill Dr 2016 7,550 1.14 mi
Hawkinsville Road Oak Ave 2019 18,700 1.18 mi
Old Hawkinsville Road 2019 7,600 1.41 mi
Old Hawkinsville Road Sandy Run Rd 2018 7,540 1.41 mi
US Hwy 129 Beaver Creek Rd 2018 10,400 1.64 mi
Moody Rd Alton-Tucker Senior Blvd 2005 5,600 1.64 mi

Listing Broker

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