Pinnacle Bank – Archdale, NC
113 Trindale Road, Archdale, NC, 27263, US
CHF 2,030,000 | 483 m²
Description
Jones Lang LaSalle Americas, Inc. (“JLL”) is pleased to offer the opportunity to acquire the fee simple interest in Pinnacle Bank located at 831 Julian Avenue, Thomasville, NC (“Property” or “Asset”). Pinnacle is operating on 15-year absolute NNN lease with ±12.1 years of primary lease term remaining, 1.9% annual rent escalations, two, five-year renewal options and zero landlord responsibilities.
This unique opportunity allows investors the ability to acquire long-term passive income from an investment grade bank tenant with a significant deposit base from its local community.
NC Broker of Record: Pete Pitroff - NC License #: 163984
Limited Nonresident Commercial Real Estate Broker or Salesperson: Alex Sharrin, Alex Geanakos
...
Attributes
Asking price
CHF 2,813,000
Cap rate
6%
NOI
CHF 169,000
WAULT
12 years
Building area net
669 m²
Media
Investment Highlights
- Operating on an absolute NNN lease with ±12.1 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)
- Leading branch performance as the highest deposit location in Davidson County with a staggering $271M in deposits
- Strategically positioned in a dense retail hub with 3 MSF of inventory, near Southgate Plaza (1.6M visitors), and serving a growing population of 50,000
- Exceptional access and visibility from three major roadways with combined traffic counts of over 90,900 VPD
Contact brokers
Pinnacle Bank – Thomasville, NC (0 Properties)
JLL can help you finance and manage your portfolio. Email us today to see how we can help achieve your ambitions.
Last updated
6 Oct 2025
