Freestanding Bank with Ground
11915 Narcoossee Road, Orlando, FL 32832
For Sale
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A ground lease assigns property maintenance, real estate taxes, and insurance obligations to the tenant.
Property Size1,935 SF
Lot Size0.83 Acres
Price / SF$2,248
Days on Market20
Property Features for 11915 Narcoossee Road
General Information
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Additional Details
Gross Income
Tenant in Place
Building Details
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Listing Agency:
Collison Capital
Listed By:
Carter Collison · License #BK3199690
Source:
Crexi
Added: Oct 21
Changed: Nov 8
Last Checked: Nov 8 at 5:58PM
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 Collison Capital
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Investment Insights
Based on property information with market context.
Built in 2024, this freestanding bank contains 1,935 square feet on a 0.83-acre parcel. Fifth Third Bank, National Association, occupies the property under a ground lease that began in March 2024 and runs through March 2044. The lease provides four additional five-year renewal options, with occupancy possible through March 2064.
Scheduled rent increases are 10% every five years during the initial term and renewal periods. The tenant is responsible for property maintenance, real estate taxes, and insurance under the lease. The site is at 11915 Narcoossee Road in Orlando, along the Narcoossee Road commercial corridor.
Scheduled rent increases are 10% every five years during the initial term and renewal periods. The tenant is responsible for property maintenance, real estate taxes, and insurance under the lease. The site is at 11915 Narcoossee Road in Orlando, along the Narcoossee Road commercial corridor.
Key Highlights
- Freestanding bank built in 2024 with 1,935 square feet
- Occupies a 0.83‑acre parcel along Narcoossee Road in Orlando
- 20‑year ground lease began in March 2024 and expires in March 2044
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Current Use
Lease Details
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
333
Businesses Nearby
590k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 38%
Superstores 33%
Shops & Services 16%
Apparel 5%
Walmart
Superstores
109,395 visits/mo
0.5 miles
Sam's Club
Superstores
87,697 visits/mo
0.5 miles
Raising Cane's Chicken Fingers
Dining
42,211 visits/mo
0.2 miles
RaceTrac
Shops & Services
32,006 visits/mo
0.4 miles
T.J. Maxx
Apparel
28,495 visits/mo
0.5 miles
Demographics for 32832, FL
34,882
Population
13,031
Households
2.7
Avg Household Size
34
Median Age
54%
College-Educated
96%
High-School Grad
54.1 sq mi
ZIP Area
645
Density / Sq Mi
$115,398
Median Household Income
$56,147
Median Earnings
$2,186
Median Rent
$445,700
Median Home Value
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Market
Vacancy Rate% for Retail in Orlando, FL
Frequently Asked Questions
What type of property is this?
Bank - A ground lease assigns property maintenance, real estate taxes, and insurance obligations to the tenant.
Where is this bank located?
The property is located at 11915 Narcoossee Road Orlando, FL.
What is the asking price?
The asking price for this property is $4,350,000.
What are key features of this property?
This property features: Freestanding bank built in 2024 with 1,935 square feet; Occupies a 0.83‑acre parcel along Narcoossee Road in Orlando; 20‑year ground lease began in March 2024 and expires in March 2044
