Pinnacle Bank - Franklin, TN (Miller Springs Ct)_Propiedad en venta

205 Miller Springs Court, Franklin, TN, 37064, US

Pinnacle Bank - Franklin, TN (Miller Springs Ct)

Descripción

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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Atributos

NOI

1.051.000 €

WAULT

12 años

Superficie neta construida

4641 m²

Superficie bruta del terreno

2,42 ha

Media

Aspectos destacados de la inversión

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 15^th 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