Fifth Third Bank

NWC of Carpenter Fire Station Road and Green Level Church Road, Cary, NC
Deal Type:
Net Lease
Ownership Type:
Ground Lease
Cap Rate:
Current Rent:
Lease Type:
Triple Net
Lease Term:
20 years
Landlord Responsibilities:
Lease Expiration Date:
Approx. 19.5 years
Renewal Options:
4 x 5 year
Building Sq. Ft.:
2,800 SF
Rent Increases:
10% every 5 years
Site Size:
0.858 acres
  • fifth third bank stream capital partners
  • fifth third bank stream capital partners

Investment Highlights

  • Long Term Absolute NNN Ground Lease
  • Increases throughout the Base Term offering a Strong Hedge Against Inflation
  • Fantastic Submarket of Raleigh with Strong Demographics
  • Outparcel to New Publix Anchored Center
  • In close proximity to Research Triangle and Apple’s new $1 billion dollar campus

Listing Agents

Connor Shell

Managing Director
407 903 9009

Phil DiGennaro

Managing Director
203 610 1541

Jordan Shtulman

Managing Principal
847 226 4133

In Association with Scott Reid & ParaSell, Inc. | A Licensed North Carolina Broker #C32060, (949) 585-6585

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