This feature is unavailable at the moment.

We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.

Please check back in a few minutes. We apologize for the inconvenience.

- LoopNet Team

Close
You must register your contact information to view secure information on this listing.
You must register your contact information to view secure information on this listing.

Share This Listing

Please enter a valid email address.

Note: To send this property to multiple individuals, insert a semi-colon between each recipient's email address.

941 characters remaining

LoopNet has taken a strong stance against the practice of sending unsolicited commercial emails, also known as "spam." Please send these emails only to people you know who would be interested in this property. If someone asks you not to send these emails to them, please comply.

We will automatically send your friend a one-time email inviting him or her to visit the site. LoopNet stores this information for the sole purpose of sending this one-time email and tracking the success of our referral program. View LoopNet's Privacy Policy

thank you

Your email has been sent!

Fifth Third Bank 2210 Georgetown Rd

1,900 SF Retail Building Lexington, KY 40511 $3,229,921 CAD ($1,700 CAD/SF) 4.85% Cap Rate

Banks Kentucky Lexington 2210 Georgetown Rd, Lexington, KY 40511

Investment Highlights

  • New corporate 15-year absolute NNN ground lease to investment grade tenant (NASDAQ: “FITB”)
  • Zero landlord management, ideal for passive investors
  • New high-quality 2025 construction featuring a drive-thru for added customer convenience
  • 10% rental increases every five years, including initial term and options periods
  • Fifth Third Bank holds $211 billion in assets (15th largest bank in the US)

Executive Summary

This Fifth Third Bank is a direct outparcel to a new 25-acre Publix anchored retail development. Tenants within the development include Panda Express, Heartland Dental, Valvoline, Tidal Wave Car Wash, 7 Brew, Wendy’s, City BBQ, Huck’s C-Store, and multi-tenant shop space. Positioned on two hard signalized intersections with a combined traffic count and direct access to 45,043 vehicles per day, and located just off the off-ramp of I-64 with 107,297 vehicles per day. Affluent demographic with a one-mile average household income of $99,521 (1, 3, and 5-mile AHHI’s expected to grow between 15%-17% by 2029). Less than five miles from The University of Kentucky (36,161 students) and three miles from Downtown Lexington (347,000+ residents). Surrounded by numerous Class-A industrial sites including two Amazon distribution centers, Coca-Cola, UPS, Lexmark, Georgia Pacific, FedEx, Schneider Electric, Tansy Logistic, XPO, and many others Surrounded by schools

Property Facts

Sale Type
Investment
Sale Condition
1031 Exchange
Property Type
Retail
Property Subtype
Bank
Building Size
1,900 SF
Building Class
B
Year Built
2024
Price
$3,229,921 CAD
Price Per SF
$1,700 CAD
Cap Rate
4.85%
NOI
$156,585 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.05
Lot Size
0.90 AC
Parking
20 Spaces (10.53 Spaces per 1,000 SF Leased)
1 of 1
2210 Georgetown Rd, Lexington, KY - aerial map view - Image1
2210 Georgetown Rd, Lexington, KY - aerial map view - Image2
2210 Georgetown Rd, Lexington, KY - aerial map view - Image3
2210 Georgetown Rd, Lexington, KY - aerial map view - Image4
(415) 481-0788

Contacts

  • Listing ID: 34082241

  • Date on Market: 2024-12-04

  • Last Updated:

  • Address: 2210 Georgetown Rd, Lexington, KY 40511

1 of 7
VIDEOS
3D TOUR
PHOTOS
STREET VIEW STREET
MAP

1/7
2210 Georgetown Rd, Lexington, KY for sale Primary Photo- Image 1 of 7
Primary Photo
2210 Georgetown Rd, Lexington, KY for sale Aerial- Image 2 of 7
Aerial
2210 Georgetown Rd, Lexington, KY for sale Aerial- Image 3 of 7
Aerial
2210 Georgetown Rd, Lexington, KY for sale Aerial- Image 4 of 7
Aerial
2210 Georgetown Rd, Lexington, KY for sale Aerial- Image 5 of 7
Aerial
2210 Georgetown Rd, Lexington, KY for sale Site Plan- Image 6 of 7
Site Plan

1 of 1

Connect with us

© 2024 CoStar Group

The LoopNet service and information provided therein, while believed to be accurate, are provided "as is". LoopNet disclaims any and all representations, warranties, or guarantees of any kind.

Fifth Third Bank | 2210 Georgetown Rd
(415) 481-0788 x

Fifth Third Bank | 2210 Georgetown Rd

1/5

Michael Yuras

(415) 481-0788

(415) 481-0788

Jack Hinson

(704) 572-9921

(704) 572-9921

Vincent Aicale

(415) 690-5522

(415) 690-5522

Ryan Forsyth

(415) 413-3005

(415) 413-3005

Scott Crowle

(415) 604-4288

(415) 604-4288

Already a member? Log In

First Name*

Last Name*

Please enter an email address.

Email*

Phone*

Ext (optional)

Company (optional)

Please leave a message.

Message*

{{messageTextLength}} out of 600

New to LoopNet? No problem. We'll automatically create a free account for you. By clicking the button, you agree to LoopNet's Terms of Use and Privacy Policy.

Hmm, there seems to have been an error sending your message. Please try again.

Thanks! Your message was sent.

Send another message

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, 'rating') }}
255 character limit ({{ remainingChars() }} characters remainingover)
{{ getErrorText(feedbackForm.msg, 'rating') }}
{{ getErrorText(feedbackForm.fname, 'first name') }}
{{ getErrorText(feedbackForm.lname, 'last name') }}
{{ getErrorText(feedbackForm.phone, 'phone number') }}
{{ getErrorText(feedbackForm.phonex, 'phone extension') }}
{{ getErrorText(feedbackForm.email, 'email address') }}
You can provide feedback any time using the Help button at the top of the page.

Share Link