Fifth Third Bank

Investment Overview

This offering features a 20-year absolute NNN ground lease to Fifth Third Bank with zero landlord maintenance or expense responsibilities. The property sits on an outparcel to a grocery-anchored shopping center at the signalized intersection of North Kings Highway and 79th Avenue North in Myrtle Beach’s Grande Dunes area. The Myrtle Beach-Conway-North Myrtle Beach metro area grew 3.2% from 2024 to 2025, ranking second among all U.S. metro areas.

Investment Highlights

• Brand new 20-year absolute NNN ground lease, with zero landlord responsibilities and 10% rental increases every 5 years
• Located on a signalized corner outparcel at the entrance to a grocery-anchored shopping center
• Located directly on Kings Highway, the dominant traffic and retail corridor in Myrtle Beach (21,665 VPD)
• Explosive population growth with inward migration from across the U.S.
• Fifth Third Bank is a full-service banking provider founded in 1858 and a subsidiary of Fifth Third Bancorp (NYSE: FITB)
• Rated A- by S&P, the bank generated annual revenue of $9 billion for FY 2025
• Following its 2026 acquisition of Comerica, Fifth Third reported $301.2 billion in total assets and more than 1,500 banking centers as of September 30, 2026
• The site sits along North Kings Highway (U.S. 17 Business) in Myrtle Beach’s Grande Dunes area, south of Village Shops at Grande Dunes, a Publix-anchored center featuring Chipotle and Starbucks
• Myrtle Beach-Conway-North Myrtle Beach MSA each grew 3.2% from 2024 to 2025, ranking second among all U.S. metro areas
• Coastal Carolina University (12,000+ students) and the 403-bed Grand Strand Medical Center, operated by HCA Healthcare, sit within the same corridor
• Myrtle Beach International Airport served nearly 3.8 million passengers in 2024 and was named the top small airport in the U.S. by USA Today’s 2024 10Best Awards