Pinnacle Bank – Spartanburg SC_Propriété à vendre
Pinnacle Bank – Spartanburg SC_Propriété à vendre
531 East Main Street, Spartanburg, SC, 29302, US

Pinnacle Bank – Spartanburg SC

Descriptif

Jones Lang LaSalle Americas, Inc. (“JLL”) is pleased to offer the opportunity to acquire the fee simple interest in Pinnacle Bank located at 531 East Main Street in Spartanburg, South Carolina (“Property” or “Asset”). Pinnacle is operating on 15-year absolute NNN lease with ±11.8 years of primary lease term remaining, 1.9% annual rent escalations, two, five-year renewal options and zero landlord responsibilities.


SC Broker of Record: Lee Allen - License #: 74245

...

Attributs

Prix demandé
6 881 000 $
Taux de capitalisation
6 %
RNI
413 000 $
WAULT
11.8 années
Superficie du bâtiment nette
866 mètres carrés
Année de construction
2020

Média

Points forts de l'investissement

  1. Operating on an absolute NNN lease with ±11.8 years of lease term remaining and 1.9% annual rent escalations
  2. Pinnacle Financial Partners is the 2nd largest bank holding company in TN with an investment grade rating (Moody’s” Baa2)
  3. Dominant market position as the only Pinnacle Bank in Spartanburg, featuring a strong $119M deposit base
  4. Prime college town location adjacent to Converse University (1,900+ students) and near Hillcrest Market Place, a top 3% shopping center in South Carolina
  5. Excellent submarket fundamentals with 27% population growth, affluent $98K average household incomes, and high visibility at a signalized intersection with 28,800 VPD
Pinnacle Bank – Spartanburg SC 4_Propriété à vendre
Pinnacle Bank – Spartanburg SC 4_Propriété à vendre

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Pinnacle Bank – Spartanburg SC (0 Propriétés)

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Dernière mise à jour
2 déc. 2025