SALE/LEASEBACK OPPORTUNITY

FIFTH THIRD BANK – COLONIAL BLVD BRANCH2915 COLONIAL BLVD, FORT MYERS, FL 33966

trinitycre.com9250 Corkscrew Rd • Suite 13 • Estero, FL 33928

© 2019 Trinity Commercial GroupThis information is considered accurate, but not guaranteed.

CONTACT INFORMATION

TONY MANGIONEPrincipal239.334.3040tony.mangione@trinitycre.com

MATT FREDRICKSONPrincipal | Investment Sales239.334.3040matt.fredrickson@trinitycre.com

EXECUTIVE SUMMARYFIFTH THIRD BANK - COLONIAL BLVD BRANCH

THE OFFERINGTrinity Commercial Group, Inc. (TCG) working jointly with CBRE, Inc. is pleased to present the Sale-Leaseback of the Fifth Third Bank Branch located on Colonial Blvd. in Fort Myers, Florida. The subject property is a 12,458 SF, two story, free standing building located at the main entrance to the Lee County School Board headquarters off Colonial Blvd. Fifth Third Bank is offering to Leaseback the entire ground floor comprised of 5,267± square feet. This branch is one of Fifth Third’s most prominent in Lee County with more than $137 Million in deposits. The site is strategically located in the heart of Fort Myers along one of the area’s busiest thoroughfares, Colonial Blvd. Almost 60,000 vehicles per day pass by this site which sits adjacent to a very busy and successful free standing McDonald’s. Other are retailers include Carmax, Sun Trust, Miller’s Ale House, 7-Eleven, Starbucks, Wawa, Dunkin Donuts and Dairy Queen. The property is also positioned nicely just East of Colonial and US 41 with area traffic driver’s such as Edison Mall, Page Field Airport, Sam’s Club and Page Field Commons.

PROPERTY OVERVIEW

E X E C U T I V E S U M M A R Y 4

Over $137 Million in deposits

Strong credit tenant: S&P rated A-

Great traffic volume with almost 60,000± VPD

Direction access and visibility off of Colonial Blvd.

Upside via 2nd floor office space lease up

Located just East of Edison Mall, Page Field Plaza, Sam’s Club and Page Field Airport

HIGHLIGHTS

BUILDING NAME: Fifth Third Bank Colonial Blvd Branch

PROPERTY LOCATION: 2915 Colonial Blvd, Fort Myers, FL 33966

LAND SIZE: 1.09± Acres

BUILDING SIZE: 12,458 Rentable SF (2-story)

YEAR BUILT: 1986

5/3 LEASEBACK: Ground floor space – 5,267 SF @ $10.50 PSF NNN or $55,303.50/year; Offering 10 year base term

PARKING: 46 striped spaces

ADDITIONAL FEATURES: Three drive thru lanes and additional ATM drive up

ZONING: CI (Commercial Intensive)

TAX PARCEL IDENTIFICATION: 31-44-25-P4-00300.0030

TYPE OF OWNERSHIP: Fee Simple

PURCHASE PRICE: $1,475,000 ($118.39 PSF)

ADDITIONAL TENANT:*NON PROFIT*1,200 SF OCCUPIED*PAYING $0 RENT – 6 MONTH OPTION TO TERMINATE

PROPERTY LOCATIONFIFTH THIRD BANK - COLONIAL BLVD BRANCH

P R O P E R T Y L O C A T I O N M A P 6

SOUTHWEST, FLORIDA

FORT MYERS, FLORIDA

P R O P E R T Y L O C A T I O N M A P 7

R E T A I L A E R I A L M A P 8

COLONIAL BLVD 59,500± VPD

MET

RO P

KWY

31,00

0± V

PD

R E T A I L A E R I A L M A P 9

LEE COUNTY PUBLIC EDUCATION CENTER

F L O O R P L A N S 10

FTFL_Colonial Boulevard2915 Colonial Boulevard

Fort Myers, FL 33912

Fifth Third BankBOMA 2010 Method A

4/02/2018

prepared by Absolute Facility Solutions, LLC

F L O O R P L A N S 11

First FloorColonial Boulevard

02-Apr-2018

VERTBL SERVFL SERVOCCUP

Floor BuildingIGA 5,933

387623411

4,512

14,9932,534

8141,6549,990

UP UP

1008Main Entrance / Elevator lobby

1071Elevator

1075Mechanical room

1107Closet

1044Office

1111Office

1175Storage Room

1240Vault

1269Coupon Booth1268

Coupon Booth

1297Walk-up tellers

1136Banking Lobby

1069Office

1033Office

1163Electrical room

1226Mens room

1258Womens room

1334Stairwell

1322Stairwell

1289Janitor closet

1260Breakroom

1301Mechanical room

1271Storage Room

1333Drive-thru tellers

1205Circulation

1302Circulation

1130Unisex Restroom

1193Mechanical room

1291Circulation

1194Circulation

1164Workstation

1196Workstation

1141Circulation

1166Customer waiting

1324Closet

1272Vault9'

-9"

F L O O R P L A N S 12

Second FloorColonial Boulevard

02-Apr-2018

VERTBL SERVFL SERVOCCUP

Floor BuildingIGA 9,060

2,148191

1,2435,478

14,9932,534

8141,6549,990

UP

DN

UP

DN

WH

2073Elevator Lobby2069

Workstation

2484Workstation

2486Workstation

2142Workstation

2071Elevator

2076Office

2400Office

2385Office

2450Office

2362Office

2225Breakroom

2388Breakroom

2164Kitchen

2335Stairwell

2322Stairwell

2324Electrical room

2333Electrical room

2196Mens room

2260Womens room

2259Janitor closet

2132Mechanical room

2105Corridor

2229Corridor

2237Corridor

2427Circulation

2428Workstation

2420Circulation

2144Office

2208Office

2272Office

2206Office

2463Conference room

2490Office

2520File Room

2491Workroom

2270Workroom

2078Customer waiting

2043Comm Room

2075Elevator machine room

2048Workstation

2080Meeting Area

2112Workstation

2364Customer waiting

2358Conference room

2207Circulation

2131Closet

P R O P E R T Y P H O T O S 13

Demographic Source: Applied Geographic Solutions 04/2018, TIGER Geography page 1 of 1©2018, Sites USA, Chandler, Arizona, 480-491-1112

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SUMMARY PROFILE2000-2010 Census, 2018 Estimates with 2023 ProjectionsCalculated using Weighted Block Centroid from Block Groups

Lat/Lon: 26.5981/-81.8531RS1

2915 Colonial Blvd1 mi radius 3 mi radius 5 mi radius

Fort Myers, FL 33966

POPU

LATI

ON

2018 Estimated Population 8,017 64,192 140,141

2023 Projected Population 9,038 72,321 158,522

2010 Census Population 6,008 54,998 114,356

2000 Census Population 3,836 49,313 100,953

Projected Annual Growth 2018 to 2023 2.5% 2.5% 2.6%

Historical Annual Growth 2000 to 2018 6.1% 1.7% 2.2%

2018 Median Age 32.4 38.5 43.3

HOUS

EHO

LDS

2018 Estimated Households 3,394 26,261 60,063

2023 Projected Households 3,596 27,635 63,336

2010 Census Households 2,670 23,002 49,540

2000 Census Households 1,710 20,422 42,469

Projected Annual Growth 2018 to 2023 1.2% 1.0% 1.1%

Historical Annual Growth 2000 to 2018 5.5% 1.6% 2.3%

RAC

E AN

DET

HNIC

ITY

2018 Estimated White 51.1% 62.3% 69.6%

2018 Estimated Black or African American 29.9% 24.3% 18.6%

2018 Estimated Asian or Pacific Islander 2.2% 2.1% 2.2%

2018 Estimated American Indian or Native Alaskan 0.5% 0.4% 0.4%

2018 Estimated Other Races 16.3% 10.9% 9.2%

2018 Estimated Hispanic 34.3% 22.8% 20.1%

INCO

ME 2018 Estimated Average Household Income $35,909 $61,709 $64,978

2018 Estimated Median Household Income $34,627 $48,174 $55,466

2018 Estimated Per Capita Income $15,324 $25,466 $28,118

EDUC

ATIO

N(A

GE

25+)

2018 Estimated Elementary (Grade Level 0 to 8) 8.3% 9.2% 7.2%

2018 Estimated Some High School (Grade Level 9 to 11) 11.4% 9.0% 8.2%

2018 Estimated High School Graduate 28.8% 28.2% 26.8%

2018 Estimated Some College 25.1% 19.8% 19.6%

2018 Estimated Associates Degree Only 7.5% 8.4% 8.0%

2018 Estimated Bachelors Degree Only 15.0% 16.6% 18.9%

2018 Estimated Graduate Degree 4.0% 8.7% 11.3%

BUSI

NESS 2018 Estimated Total Businesses 778 5,376 11,111

2018 Estimated Total Employees 11,702 55,056 107,884

2018 Estimated Employee Population per Business 15.0 10.2 9.7

2018 Estimated Residential Population per Business 10.3 11.9 12.6

COMPANY OVERVIEWFIFTH THIRD BANK - COLONIAL BLVD BRANCH

C O M P A N Y O V E R V I E W 16

Fifth Third Bancorp (Nasdaq: FITB) is a diversified financial services company headquartered in Cincinnati, Ohio. The Company has $104.6 billion in assets, operates 19 affiliates with 1,103 full-service Banking Centers, including 122 Bank Mart(R) locations open seven days a week inside select grocery stores and 2003 Jeanie(R) ATMs in Ohio, Kentucky, Indiana, Michigan, Illinois, Florida, Tennessee, West Virginia and Pennsylvania. The financial strength of Fifth Third's Ohio and Michigan banks continues to be recognized by rating agencies with deposit ratings of AA- and Aa1 from Standard & Poor's and Moody's, respectively. Additionally, Fifth Third Bancorp continues to maintain among the highest short-term ratings available at A-1+ and Prime-1 and is recognized by Moody's with one of the highest senior debt ratings for any U.S. bank holding company of Aa2. Fifth Third operates four main businesses: Retail, Commercial, Investment Advisors and Fifth Third Processing Solutions. Investor information and press releases can be viewed at http://www.53.com. Fifth Third's common stock is traded through the NASDAQ(R) National Market System under the symbol "FITB." Member FDIC.

ABOUT THE COMPANYhttps://www.53.com/

MARKET OVERVIEWFIFTH THIRD BANK - COLONIAL BLVD BRANCH

M A R K E T O V E R V I E W 18

FORT MYERS, FL

Located on the south bank of the Caloosahatchee River, Fort Myers has been home to soldiers, ranchers, cowboys, snowbirds and inventors. Named after Col. Abraham Myers, Fort Myers was founded in 1850 as a military outpost during the Seminole Wars. The Fort saw service again as a Union outpost during the Civil War and was officially retired from military service in 1865. Almost immediately the abandoned Fort Myers became home to settler families, land speculators and Florida Crackers (our cowboys and cowgirls).

By 1885, the town of Fort Myers was established, the Fort Myers Press was printing and world famous inventor Thomas Alva Edison called Fort Myers his winter home. During this period Fort Myers became the county seat of the newly formed Lee County and tourism boomed as offshore tarpon fishing enticed sport fishermen and adventurers from around the world.

Fort Myers saw amazing growth through the 1920s until the combination of a failing real estate market and crashing stock market sent Fort Myers into depression. The new Federal Post Office building, the Edison Bridge and the Yacht Basin all made significant improvements to the struggling downtown.

It was a return to Fort Myers’ military heritage that would bring all of Southwest Florida out of depression and into prosperity. The establishment of Buckingham Field and Page Field during World War II brought thousands of service men and women to Lee County and gave local business a much need boost with government contracts and services for the two bases. Since the 1950’s Southwest Florida and Fort Myers have seen amazing growth and prosperity and have become premiere destinations for sun-seekers, investors and retirees.

FORT MYERS, IS THE COUNTY SEAT AND COMMERCIAL CENTER OF LEE COUNTY, FLORIDA, UNITED STATES.

CONTACT USTONY MANGIONEPrincipal239.334.3040tony.mangione@trinitycre.com

MATT FREDRICKSONPrincipal | Investment Sales239.334.3040matt.fredrickson@trinitycre.com

9250 Corkscrew Rd • Suite 13 • Estero, FL 33928 © 2019 Trinity Commercial Group

This information is considered accurate, but not guaranteed.