
Pinnacle Bank – Lexington, NC (E Center St)
115 East Center Street, Lexington, NC, 27292, US
¥28,964,000 | 772 平方米
Jones Lang LaSalle Americas, Inc. (“JLL”) is pleased to offer the opportunity to acquire the fee simple interest in Pinnacle Bank located at 2800 S. Main Street High Point, 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.
Located south of downtown High Point, serving as the executive office, the Property is 14 miles from downtown Greensboro and 18 miles from downtown Winston-Salem in the Piedmont Triad Region. Pinnacle Bank is positioned at the signalized intersection of South Main Street and West Fairfield Road with direct visibility to more than 34,000 vehicles per day.
• Baa2 investment grade tenant with stable outlook
• ±12.1 years remaining on primary lease
• Southwood Square shopping center outparcel with 1.4M annual visitors
• 1.9% annual rent escalations
• $87M in deposits collected in 2024
• Largest bank holding company in GA & second largest in TN post-Synovus merger
• 26,000+ population growth projected in High Point by 2045
• Absolute NNN lease - zero landlord responsibilities
• Palladium South development - 36-acre mixed-use project opening 2026
• Signalized intersection with direct access to 34,000+ VPD