Pinnacle Bank - Mt Juliet, TN (N Mt. Juliet Rd)
551 N Mt Juliet Rd, Mt. Juliet, TN, 37122, US
3,279 sm
Description
Jones Lang LaSalle Americas, Inc. (“JLL”) is pleased to offer the opportunity to acquire the fee simple interest in Pinnacle Bank located at 205 Miller Springs Court in Franklin, Tennessee (“Property” or “Asset”). Pinnacle is operating on 15-year absolute NNN lease with ±12 years of primary lease term remaining, 1.9% annual rent escalations, two, five-year renewal options and zero landlord responsibilities. The Asset is ~70% occupied with bank operations associates (IT, Call Center, Deposit Operations, Loan Operations, Compliance).
TN Broker of Record: Richard Reid – TN License #: 321591
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Attributes
NOI
€1,042,000
WAULT
12 years
Building area net
4,641 sm
Land area gross
2.42 ha
Media
Investment highlights
- Operating on an absolute NNN lease with ±12 years of lease term remaining and 1.9% annual rent escalations
- Pinnacle Financial Partners is the largest bank in TN & largest bank holding company in GA with an investment grade rating (Moody’s: Baa2)
- Franklin is the 15th fastest-growing large city in the U.S.
- Affluent residential base with $173K in average household income within 3-mile radius
- Below market rent of $24.18 PSF (compared to $35.26 PSF)
- Adjacent to Williamson Medical Center with 2000-beds
- Just off Royal Oaks Blvd & I-65 with direct accessibility to 96,000 VPD
Contact brokers
Pinnacle Bank - Franklin, TN (Miller Springs Ct) (0 Properties)
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Last updated
Oct 29, 2025
