Fifth Third Bank
5444 Platt Springs Rd, Lexington, SC 29073
Zero Landlord Responsibilities: This attractive Absolute Net Ground Lease structure leaves the Landlord with no maintenance, insurance, or property tax obligations, offering a truly passive investment.
Investment-Grade Tenant: The Tenant, Fifth Third Bank, N.A., is one of the nation’s leading regional financial institutions, generating approximately $9.0 billion in 2025 revenue and operating an extensive network of more than 1,100 branch locations and 2,400 ATMs across the United States, underscoring the tenant’s strong brand recognition and long-term operating scale.
Strong Lease Terms: 15 years remaining on the initial lease term with an additional 20 years in option periods, along with the scheduled 10% rent increases every five years, ensure long-term reliable income and cash flow stability.
Prime Retail Corridor: Strategically located on Platt Springs Road (±19,300 VPD) near its intersection with S. Lake Drive (±28,300 VPD), the Property benefits from strong traffic counts and is surrounded by a dense concentration of national retailers, restaurants, and daily-needs businesses that drive consistent consumer traffic and long-term retail demand.
Excellent Demographics: With a 5-mile population density of ±63,945 people and a respective average household income of $100,767, this property is ideally situated for excellent customer exposure through its proximity to a large and affluent customer base.
Rapidly Developing Market: Columbia, South Carolina’s capital city, has gained recognition as a prime destination and rapidly growing city, attracting major employers like Scout Motors, Michelin, Samsung, Prisma Health, BlueCross BlueShield, Aflac, and many more.
Building Details
- For Sale $2,044,000
- Property Type Retail
- Property Size 2,400 SF
- Lot Size 0.91 Acre
- Cap Rate % 4.65
- NOI / YR $95,000.00
- Additional Rent Price on request
- Parking Spaces Avail. 15
- Parking Ratio 6.25 / 1,000 SF
- Date Updated Sep 21, 2026
Reach out to the broker for more info on lease terms and amenities
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Contacts
Furman Capital Advisors
Furman Capital Advisors
Furman Capital Advisors
Location
- City Lexington, SC
- Neighborhood Red Bank
- Zip Code 29073
- Market Columbia
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Walk score 50/100 Car-Dependent
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Bike score 34/100 Somewhat Bikeable
Points of Interest
Shell
0.13 miles
Exxon
0.17 miles
Murphy Express
0.40 miles
ExxonS
1.76 miles
Quick Service
2.36 miles
Lexington SC Supercharger
3.09 miles
Pops
3.23 miles
BP
3.32 miles
QuikTrip
3.62 miles
Lexington High School Faculty Parking
6.97 miles
Lexington High School Visitor Parking
7.01 miles
Dreher Shoals Dam Parking Lot
9.03 miles
Publix
0.16 miles
Food Lion
0.24 miles
ALDI
0.33 miles
Walmart Supercenter
0.53 miles
pOpshelf
0.54 miles
Walmart Neighborhood Market
3.85 miles
Village Shopping Center
5.65 miles
Big Lots
5.68 miles
KJ's Market IGA - Barnyard
5.98 miles
Ross
6.33 miles
Listing Summary
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What is the asking price at Fifth Third Bank?
Fifth Third Bank is currently listed for sale at Price on request.
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What is the total size of Fifth Third Bank?
Fifth Third Bank has a total of 2,400 square feet.