Milton, GA - Fifth Third Bank

Description:

• Brand new 15-year lease with 4 (5-year) options to extend, demonstrating their long-term commitment to the site
• The tenant, Fifth Third Bank N.A. is an investment grade tenant (S&P: A-) with more than 1,000 locations
• The lease features 10% rental increases every 5 years and at the beginning of each option period, boosting NOI and hedging against inflation

• Fifth Third is strategically fronting State Highway 9 averaging 22,300 VPD
• Located right next to Cambridge High School (2,054-students) and King’s Ridge Christian School (900-students)
• The dense trade area is supported by several shopping center that feature big box retailers such as Publix, Planet Fitness, Target, Kohl’s, Kroger, Walmart Supercenter, and more
• The asset is positioned in the heart of a strong residential corridor, providing a direct consumer base from which to draw