Ground-Leased Bank
For Sale
Contact for pricing
Pending
5026 W Atlantic Ave, Delray Beach, FL 33484
New-construction bank location with established retail surroundings and access to Interstate-95 and Florida’s Turnpike.
Property SizeContact for details
Days on Market144
Property Features for 5026 W Atlantic Ave
General Information
Standard status
Pending
Property subtype
Retail
Site & Location
Traffic Count
84,500 vehicles/day
Highway Access
Yes
Building Details
Tenancy
Single
Listing Agency:
JLL - Irvine (Orange County), California
Listed By:
Jeffrey Cicurel · License #SL3541410
Source:
Crexi
Added: Apr 12
Changed: Aug 31
Last Checked: Sep 1 at 4:28AM
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 JLL - Irvine (Orange County), California
Investment Insights
Based on property information with market context.
This offering comprises the ground-leased interest in a newly constructed Fifth Third Bank location at 5026 W Atlantic Ave. The lease provides a 20-year primary term, 10.0% rent increases every 5 years, and four additional 5-year renewal options. Fifth Third Bank carries an S&P investment-grade credit rating of A-.
The property occupies an outlot at the redeveloped Delray Landing shopping center, anchored by a new Sprouts Farmers Market, and an outparcel at Delray Square Shopping Center. The surrounding retail corridor includes 9+ retailers and a Publix Supermarket, with reported annual visitation exceeding 1.5 million. Direct exposure to over 84,500 vehicles per day along Atlantic Avenue and South Military Trail complements convenient connections to Interstate-95 and Florida’s Turnpike. The site is less than twenty miles from Palm Beach International Airport and Florida Atlantic University.
The property occupies an outlot at the redeveloped Delray Landing shopping center, anchored by a new Sprouts Farmers Market, and an outparcel at Delray Square Shopping Center. The surrounding retail corridor includes 9+ retailers and a Publix Supermarket, with reported annual visitation exceeding 1.5 million. Direct exposure to over 84,500 vehicles per day along Atlantic Avenue and South Military Trail complements convenient connections to Interstate-95 and Florida’s Turnpike. The site is less than twenty miles from Palm Beach International Airport and Florida Atlantic University.
Key Highlights
- Ground‑leased interest in a newly constructed Fifth Third Bank location
- 20‑year primary lease term with 10.0% rent increases every 5 years
- Four 5‑year renewal options following the primary lease term
Property Analytics
Current Use
Lease Details
84,500 VPD
Traffic count
Single-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,316
Businesses Nearby
413k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 34%
Dining 33%
Groceries 18%
Apparel 7%
Publix
Groceries
53,600 visits/mo
0.3 miles
Chick-fil-A
Dining
32,664 visits/mo
0.2 miles
Hobby Lobby
Shops & Services
23,718 visits/mo
0.3 miles
Ross Dress for Less
Apparel
22,753 visits/mo
0.3 miles
Ollie's Bargain Outlet
Shops & Services
19,576 visits/mo
0.3 miles
Demographics for 33484, FL
26,340
Population
18,884
Households
1.4
Avg Household Size
66
Median Age
42%
College-Educated
96%
High-School Grad
6.0 sq mi
ZIP Area
4,390
Density / Sq Mi
$56,942
Median Household Income
$43,922
Median Earnings
$1,876
Median Rent
$220,100
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Bank - New-construction bank location with established retail surroundings and access to Interstate-95 and Florida’s Turnpike.
Where is this bank located?
The property is located at 5026 W Atlantic Ave Delray Beach, FL.
What are key features of this property?
This property features: Ground‑leased interest in a newly constructed Fifth Third Bank location; 20‑year primary lease term with 10.0% rent increases every 5 years; Four 5‑year renewal options following the primary lease term
