18710 State Road 54 Lutz, FL 33558
Exceptional investment opportunity: a 1,900 sq ft Fifth Third Bank in Lutz, FL, boasting a 20-year absolute NNN lease (commencing November 27, 2024, and expiring November 1, 2044) with 10% rent bumps every 5 years and four 5-year lease options. The property sits on a 0.92-acre lot at a signalized, hard corner intersection with high traffic volume (79,800+ combined vehicles daily). This single-story, 2024-built bank benefits from a strong surrounding retail and mixed-use development, including the Publix-anchored Sunlake Centre (top 92% of nationwide neighborhood centers, according to Placer.ai), a nearby First Watch (top 98% of nationwide locations), and the upcoming Cypress Ranch mixed-use development (598 units, 100,000 sq ft of office space, and numerous retail tenants). The property's strategic location near a proposed HCA medical building and the new Moffit Cancer Center's Speros FL innovation center further enhances its long-term value. The asking price is $3,888,000, representing a 4.50% cap rate and a net operating income (NOI) of $175,000. The ground lease is in place. This is a rare opportunity to acquire a high-performing, long-term net lease investment in a rapidly growing area.
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Fifth Third Bank Bank Loan Service
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.