Pinnacle Bank - Franklin, TN (Miller Springs Ct)
205 Miller Springs Court, Franklin, TN, 37064, US
4,641 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 551 North Mt. Juliet Road, Mt. Juliet, 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 100% occupied with branch bank, IT, Security and various support groups.
TN Broker of Record: Richard Reid – TN License #: 321591
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Attributes
NOI
€851,000
WAULT
12 years
Building area net
3,279 m²
Land area gross
1.49 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)
- 100% occupied with branch bank, IT, Security, support groups
- Deposit base of $193,484,000
- 1 - mile from the #3 most visited power center in Tennessee
- Affluent residential base with $174K in average household income within 1-mile radius
Contact brokers
Pinnacle Bank - Mt Juliet, TN (N Mt. Juliet Rd) (0 Properties)
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Last updated
29 Oct 2025
