Clearwater, FL

Truist (Publix Outparcel)

This offering presents an opportunity to acquire a Truist Bank under an absolute net lease with three percent annual rent increases, providing stable income growth and zero landlord responsibilities. Positioned as an outparcel to a future Publix-anchored center within the Tampa–St. Petersburg MSA, the property benefits from strong daily traffic, high visibility, and established surrounding retail. Ryan Nee Florida Broker of Record 5900 N Andrews Ave., Ste. 100 Fort Lauderdale, FL 33309 (954) 245-3400 Lic #: BK3154667

Building Size	3,654 sqft
Lot Size	0.94 acres
Year Built	2000

Offering Memorandum

Luke Sullivan

Associate Director

(972) 755-5198

Luke.Sullivan@marcusmillichap.com

License: TX 790739

Ryan Wolf

Managing Director

(972) 755-5207

RWolf@marcusmillichap.com

License: TX 622900

Vincent Knipp

Senior Managing Director Investments

(972) 755-5205

vincent.knipp@marcusmillichap.com

License: TX 0579633

FINANCING TEAM

Duke Dennis

Director

(817) 932-6172

Duke.Dennis@marcusmillichap.com

Absolute Net Lease With Three Percent Annual Increases and 3.3 Years Remaining on the Primary Term
Signalized Hard Corner Outparcel to Publix Redevelopment (34,753 Vehicles Per Day)
Strong 5-Mile Trade Area | 239,535 Residents | $95,200 Avg. Household Income
17-Year Operating History | Proven Long-Term Tenant Commitment
Minutes From Downtown Clearwater & Clearwater Beach | Major Tourist Destination
Dense Residential Base | 1,300+ Multifamily Units Within Immediate Trade Area
Truist Financial Corporation (A-; S&P) Ranks Eighth Among U.S. Financial Institutions with over $531 Billion in Assets
Tampa–St. Petersburg-Clearwater, FL MSA | One of Florida’s Fastest-Growing Metros