Rogue Valley Mall - Sale
1600 N Riverside Ave, Medford, OR, 97501-4652, US
59 860 mètres carrés
Description de l'actif
Jones Lang LaSalle Americas, Inc. (“JLL”) is pleased to offer the opportunity to acquire the fee simple Pinnacle Financial Partners located at 241 Brooklawn Street in Knoxville, Tennessee (“Property” or “Asset”). Pinnacle is operating on 15-year absolute NNN lease with ±12.5 years of primary lease term remaining, 1.9% annual rent escalations, two, five-year renewal options and zero landlord responsibilities.
Located just 13 miles southwest of downtown Knoxville, Pinnacle is positioned at the signalized intersection of Brooklawn Street and S Campbell Station Road, just south of Kingston Pike, the main throughfare in the town of Farragut, with direct accessibility to more than 44,000 vehicles per day. Farragut is an affluent area in the Knoxville MSA known for its upscale homes and proximity to downtown Knoxville.
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Attributs
Prix demandé
3 055 000 $
Taux de capitalisation
5,25 %
RNI
161 000 $
WAULT
12.5 années
Superficie du bâtiment nette
371 mètres carrés
Superficie du terrain brute
0,46 ha
Média
Points forts de l'investissement
- Operating on an absolute NNN lease with ±12.5 years of lease term remaining and 1.9% annual rent escalations
- Pinnacle Financial Partners is the 2nd largest bank holding company in TN with an investment grade rating (Moody's: Baa2)
- Outparcel to 200,000 SF Kroger anchored Brooklawn Village shopping center
- Strong demand characteristics driven by 3-mile AHHI of $166K
- Adjacent to new $100 million Biddle Farms development
- Signalized intersection with direct accessibility to 44K VPD
Contactez les courtiers
Pinnacle Bank - Knoxville, TN (0 Propriétés)
JLL peut vous aider à financer et à gérer votre portefeuille. Envoyez-nous un courriel aujourd'hui pour voir comment nous pouvons vous aider à réaliser vos ambitions.
Dernière mise à jour
1 mai 2025
