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Fifth Third Bank | Publix & Kroger Trade Area | #1 Median Household Income in Georgia

$4,838,709

5470 Wren Street, Cumming, GA 30040

Active
Last Updated: 06/24/2026

4.65

Cap Rate

225,000

NOI

Details:
Cap Rate:    4.65%
NOI:    $225,000
Building Size:    2,038 sqft
Lot Area:    16.64 acres
Occupancy:    100%
Class:    C
Units:    1
Year Built:    2026
Floors:    1
Highlights:
  • Fifth Third Bank: Investment Grade Corporate Tenant with $297 Billion in Assets
  • 20-Year Absolute Net Ground lease - August 1st 2026 Rent Commencement
  • Southard Exchange: New 16 acre development in the heart of the Forsyth County featuring a premium outparcel lineup of: Fifth Third Bank, Chick-FIl-A, Shake Shake, Maepole & 7 Brew with medical & grocer anchor tenants
  • Hard Corner Parcel at 4-way intersection: Bethelview Rd & Castleberry Rd (46K+ VPD)
  • Regional Trade Area: Strategically situated between high performing Publix anchored and Kroger anchored shopping centers
  • Exceptional Demographics: 150k+ residents within 5 miles, with an average household income of $191,367 Dollars
  • Booming Forsyth County: Top rated schools with master planned communities. 63% population growth from 2010-2024
Description:

Faris Lee Investments is pleased to present the rare opportunity to acquire a brand-new Fifth Third Bank property in the Atlanta GA MSA, with grand opening projected for Summer 2026. The asset is secured by a rare 20-year corporate absolute NNN lease featuring 10% rental increases every five years, offering investors a passive, inflation-hedging income stream with zero landlord responsibilities and increasing cash flow throughout the lease term. Strategically positioned on a dominant hard-corner parcel at a 4-way intersection, the site benefits from exceptional retail synergy from nearby Kroger-anchored and Publix-anchored shopping centers which collectively draw over 3 million annual visits (Placer.ai). The Southard Exchange development is set to become one of the area’s premier retail developments and has attracted best-in-class retail tenants Chick-Fil-A, Shake Shack, and 7 Brew, with more to be announced. Embedded within the highly-affluent and rapidly growing Forsyth County, one of the most desirable suburban markets in the Atlanta metro, the property is supported by average household incomes exceeding $190,000 and located near numerous master-planned communities. Backed by Fifth Third Bank (NASDAQ: FITB), an investment-grade corporate tenant with $297 billion in assets and nearly 1,500 banking centers nationwide, this offering represents a premier opportunity to acquire a brand-new, corporate absolute NNN bank investment property in one of the United States’ strongest growth markets.

Subject property is located in the Forsyth County / Atlanta GA MSA. The property is part of a rare 16-acre development opportunity in a high growth, high barrier to entry trade area with a huge demand for retail tenants. There are additional phases to include grocery and medical user(s).

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