Lowest Cap Rate
4.2%
Lowest Cap Rate over past 24 months
Average Cap Rate
4.63%
12 mo avg with 5+ yr lease term
Average Cap Rate calculated if 3+ comps are available over past 12 months
Quarter Cap Rate
4.50%
Average Cap Rate over previous quarter
Average Quarter Cap Rates calculated over prior full quarter, irrespective of term length
Overview
Headquartered in Cincinnati, Ohio, Fifth Third Bank provides retail and commercial banking, investment services, and mortgage lending. The bank operates more than 1,000 branches across 11 states, primarily in the Midwest and Southeast regions.
Property & Lease
Sales Price Range$2,000,000 - $4,500,000
NOI Range$100,000 - $200,000
Building SF1,900
Lease Term15 - 20 Years
Escalations10% Every 5 Years
Stock SymbolNASDAQ:FITB
Credit Rating
S&PA-
Moody'sA3
Cap Rate By Region
Average regional cap rates calculated over past 24 months, irrespective of term length
N/A
4.55
6.92
N/A
N/A
N/A
*Regional cap rates calculated from sales data available over the past 24 months, irrespective of remaining term.
Financial Fundamentals
- Overview
Recent Sales Comps
Summerville, SC5.00%
Odessa, FL4.50%
Odessa, FL4.50%
Top Consumer Traffic
Hebron, KY224,400
Wyoming, MI210,000
Chicago, IL193,900
Provided by Placer.ai
*Indicates ranking may be skewed due to limited data
