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Fifth Third Bank | Rolesville, NC 841 Main st 1,900 SF Retail Building Rolesville, NC 27571 $3,998,376 CAD ($2,104.41 CAD/SF) 4.50% Cap Rate
Investment Highlights
- Long term 20 years lease with 4 x 5 Year options
- Dense and affluent Raleigh Trade area
- Strong Corporate Guaranty from Credit tenant
Executive Summary
NEW 20-YEAR LEASE | 10% ESCALATIONS EVERY 5 YEARS
- The property is leased under a new 20-year absolute NNN ground lease with 10% rent increases every five years
throughout the base term and option periods.
CORPORATE GUARANTY FROM FIFTH THIRD BANK (NASDAQ: FITB)
- The lease is guaranteed by Fifth Third Bank, N.A., one of the nation’s largest financial institutions with $296.1
billion in assets, 1,800+ branches, and investment-grade S&P A- and Moody’s A1 ratings.
ABSOLUTE NNN GROUND LEASE
- The investor acquires fee simple ownership under an absolute NNN ground lease with zero landlord
responsibilities
PLACER-VALIDATED CONSUMER TRAFFIC
- Positioned within a Publix-anchored retail corridor, the nearby Publix ranks among the top 30% of locations
nationwide by Placer.ai.
DENSE & AFFLUENT RALEIGH TRADE AREA
- The property serves more than 108,926 residents within five miles, with average household incomes of $163,263
within three miles and $138,588 within one mile.
IRREPLACEABLE INFILL LOCATION IN NORTH CAROLINA’S FASTEST-GROWING CITY
- Located in Rolesville, North Carolina’s fastest-growing city, the property fronts South Main Street (23,000 VPD)
amid significant mixed-use development and limited future retail land supply.
- The property is leased under a new 20-year absolute NNN ground lease with 10% rent increases every five years
throughout the base term and option periods.
CORPORATE GUARANTY FROM FIFTH THIRD BANK (NASDAQ: FITB)
- The lease is guaranteed by Fifth Third Bank, N.A., one of the nation’s largest financial institutions with $296.1
billion in assets, 1,800+ branches, and investment-grade S&P A- and Moody’s A1 ratings.
ABSOLUTE NNN GROUND LEASE
- The investor acquires fee simple ownership under an absolute NNN ground lease with zero landlord
responsibilities
PLACER-VALIDATED CONSUMER TRAFFIC
- Positioned within a Publix-anchored retail corridor, the nearby Publix ranks among the top 30% of locations
nationwide by Placer.ai.
DENSE & AFFLUENT RALEIGH TRADE AREA
- The property serves more than 108,926 residents within five miles, with average household incomes of $163,263
within three miles and $138,588 within one mile.
IRREPLACEABLE INFILL LOCATION IN NORTH CAROLINA’S FASTEST-GROWING CITY
- Located in Rolesville, North Carolina’s fastest-growing city, the property fronts South Main Street (23,000 VPD)
amid significant mixed-use development and limited future retail land supply.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
1,900 SF
Building Class
C
Year Built
2026
Price
$3,998,376 CAD
Price Per SF
$2,104.41 CAD
Cap Rate
4.50%
NOI
$179,920 CAD
Tenancy
Single
Building Height
1 Story
Somewhat walkable
30/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100
Nearby Major Retailers
Contacts
-
David Hoppe -
Mike Lucier -
Ben Olmstead -
Ben McCarter -
Christopher Wiener -
Atlantic Capital Partners
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Fifth Third Bank | Rolesville, NC | 841 Main st
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