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Bank Branch with Drive-Through ATM
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3159 West Norvell Bryant Highway, Lecanto, FL 34461

A new absolute NNN ground lease supports a financial institution in a recently constructed facility.

Property SizeContact for details
Days on Market10

Property Features for 3159 West Norvell Bryant Highway

General Information

Standard status Active
Property subtype Retail

Site & Location

Drive-Thru Yes
Anchor Co-Tenants Sprouts, ALDI

Amenities

drive-thru ATM

Building Details

Year Built 2026
Tenancy Single
Listing Agency: Cushman & Wakefield - Sacramento, California
Listed By: Scott Crowle · License #CA 01318288
Source: Crexi
Added: Sep 17 Changed: Sep 24 Last Checked: Sep 24 at 2:28PM

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 Cushman & Wakefield - Sacramento, California

Investment Insights

Based on property information with market context.

This bank property at 3159 West Norvell Bryant Highway in Lecanto is scheduled as new 2026 construction, built to Chase Bank’s current prototype. The facility includes a drive-through ATM. The property is leased to Chase under a 15-year absolute NNN ground lease.

Retail context includes a Target-anchored center, a new BJ’s-anchored development, a planned retail power center, and a Walmart-anchored center across the street. More than 23,000 homes are reported in the surrounding residential communities. The five-mile population is 49,136, with growth to more than 52,000 projected over the next five years. Average household income within one mile is $135,908, with growth of more than 23% projected by 2031. New highway development connects Lecanto directly to Tampa.

Key Highlights

  • 15‑year absolute NNN ground lease to Chase Bank
  • New 2026 construction based on Chase Bank’s latest prototype
  • Drive‑through ATM

Property Analytics

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Current Use

Banks

Suggested Use

Top Pick Dental Office Building Supply Auto Repair Shop HVAC Service Spa & Massage Center Electrical Service

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

Lease Details

Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

145
Businesses Nearby
306k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 37% Dining 35% Superstores 28%
Walmart Superstores
86,695 visits/mo 0.3 miles
Wawa Shops & Services
49,804 visits/mo 0.1 miles
Hobby Lobby Shops & Services
35,109 visits/mo 0.3 miles
McDonald's Dining
31,409 visits/mo 0.1 miles
Panda Express Dining
22,179 visits/mo 0.2 miles

Demographics for 34461, FL

11,388
Population
5,552
Households
2.1
Avg Household Size
58
Median Age
23%
College-Educated
92%
High-School Grad
45.8 sq mi
ZIP Area
249
Density / Sq Mi
$60,795
Median Household Income
$33,825
Median Earnings
$1,190
Median Rent
$287,200
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?
Bank - A new absolute NNN ground lease supports a financial institution in a recently constructed facility.
Where is this bank located?
The property is located at 3159 West Norvell Bryant Highway Lecanto, FL.
What is the asking price?
The asking price for this property is $3,883,000.
What are key features of this property?
This property features: 15‑year absolute NNN ground lease to Chase Bank; New 2026 construction based on Chase Bank’s latest prototype; Drive‑through ATM
More about this property
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