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Bank NNN Ground Lease
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1008 West Main Street, Inverness, FL 34450

Fifth Third Bank ground lease positioned on a Publix shopping-center outparcel along Inverness’s primary east-west commercial corridor.

Property SizeContact for details
Days on Market8

Property Features for 1008 West Main Street

General Information

Standard status Active
Property subtype Retail

Additional Details

Anchor Co-Tenants Publix
Listing Agency: CBRE - Orlando
Listed By: Raymond Romano · License #FL 3041785
Source: Crexi
Added: Sep 4 Changed: Sep 9 Last Checked: Sep 11 at 6:17AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of CBRE - Orlando

Investment Insights

Based on property information with market context.

This newly established NNN property is subject to a 20-year ground lease with Fifth Third Bank, an investment-grade occupant carrying an S&P rating of A-. The lease provides fixed rental increases during the initial term and option periods, supporting a passive ownership structure.

The site is located at 1008 West Main Street in Inverness, directly within the area’s primary east-west commercial corridor. It occupies an outparcel at a Publix shopping center, with the store ranked among the top 10% of Publix locations nationally according to Placer.ai. The property is west of The Villages, a large master-planned community identified in the listing information.

Key Highlights

  • 20‑year ground lease with Fifth Third Bank
  • Tenant carries an S&P investment‑grade rating of A-
  • Outparcel within a Publix shopping center

Property Analytics

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Current Use

Publix Liquors Plaza ... (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Parking Lot & Garage Storage Facility HVAC Service Building Supply Kitchen & Bath Showroom Carpet & Flooring Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,029
Businesses Nearby

Demographics for 34450, FL

10,788
Population
6,642
Households
1.6
Avg Household Size
59
Median Age
25%
College-Educated
92%
High-School Grad
31.2 sq mi
ZIP Area
346
Density / Sq Mi
$48,955
Median Household Income
$39,409
Median Earnings
$973
Median Rent
$210,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
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Frequently Asked Questions

What type of property is this?
NNN property - Fifth Third Bank ground lease positioned on a Publix shopping-center outparcel along Inverness’s primary east-west commercial corridor.
Where is this nnn property located?
The property is located at 1008 West Main Street Inverness, FL.
What is the asking price?
The asking price for this property is $3,110,000.
What are key features of this property?
This property features: 20‑year ground lease with Fifth Third Bank; Tenant carries an S&P investment‑grade rating of A-; Outparcel within a Publix shopping center
(407) 808-1657 Call to check price and availability
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