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3925 Lavista Rd
Tucker, GA 30084
First Third Bank Ground Lease · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- New 20-year absolute NNN ground lease to Fifth Third Bank (S&P: “A-), with over 1,100 locations across 11 states.
- Tenant handles all taxes, insurance, and maintenance, including roof, structure, and parking lot, ideal for both out-of-area or local investors.
- Fifth Third Bank projects significant 2025 growth, with its full-year Net Interest Income (NII) guidance raised to 5.5%-6.5%
- 10% rental increases every five (5) years in initial term and option periods, ensuring consistent income growth.
- Fifth Third Bank saw growth in key areas in 2024, including strong household and Southeast regional deposit growth.
- The bank is significantly accelerating its presence in the Southeast, with a goal to approximately 400 branches in the region by the end of 2025
EXECUTIVE SUMMARY
Prime retail location offering excellent visibility and easy access at the signalized intersection of Lavista Road and Montreal Road, benefiting from a combined traffic count of over 29,000 AADT. The property is backed by Fifth Third Bank, which reported strong performance in 2024, including sustained household and Southeast regional deposit growth, a 17% increase in Wealth and Asset Management, and 30% year-over-year revenue growth in its Newline commercial payments platform.
The surrounding demographic base is highly attractive, with 316,354 residents within a five-mile radius and an average household income of $145,228 within one mile. The asset also benefits from its position shadow-anchored by a Kroger shopping center, providing strong crossover traffic and complementary retail synergy. Located at a key gateway to Downtown Atlanta—an economic engine that generated $18 billion for the region in 2024—the property sits within a market projected to see income growth across the 1-, 3-, and 5-mile radii over the next five years, supporting continued performance for both Fifth Third Bank and the Tucker submarket.
The surrounding demographic base is highly attractive, with 316,354 residents within a five-mile radius and an average household income of $145,228 within one mile. The asset also benefits from its position shadow-anchored by a Kroger shopping center, providing strong crossover traffic and complementary retail synergy. Located at a key gateway to Downtown Atlanta—an economic engine that generated $18 billion for the region in 2024—the property sits within a market projected to see income growth across the 1-, 3-, and 5-mile radii over the next five years, supporting continued performance for both Fifth Third Bank and the Tucker submarket.
PROPERTY FACTS
Sale Type
Investment NNN
Sale Condition
1031 Exchange
Property Type
Retail
Property Subtype
Bank
Building Size
2,220 SF
Building Class
C
Year Built
2025
Price
$6,534,905 CAD
Price Per SF
$2,943.65 CAD
Cap Rate
4.85%
NOI
$316,894 CAD
Percent Leased
100%
Building Height
1 Story
Building FAR
0.08
Lot Size
0.68 AC
Zoning
C1
Parking
12 Spaces (5.41 Spaces per 1,000 SF Leased)
AMENITIES
- Drive Thru
PROPERTY TAXES
| Parcel Number | 18-190-02-001 | Improvements Assessment | $1,365,730 CAD |
| Land Assessment | $224,857 CAD | Total Assessment | $1,590,587 CAD |
PROPERTY TAXES
Parcel Number
18-190-02-001
Land Assessment
$224,857 CAD
Improvements Assessment
$1,365,730 CAD
Total Assessment
$1,590,587 CAD
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