Pinnacle Bank - High Point, NC (N Elm St)
801 North Elm Street, High Point, NC, 27262, US
1 274 m²
Description
Jones Lang LaSalle Americas, Inc. (“JLL”) is pleased to offer the opportunity to acquire the fee simple Pinnacle Financial Partners located at 1585 North University in High Point, North Carolina (“Property” or “Asset”). This property serves as a regional operations hub for Pinnacle, which is operating on a 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.
NC Broker of Record: Pete Pitroff - NC License #: 163984
Limited Nonresident Commercial Real Estate Broker or Salesperson: Alex Sharrin, Alex Geanakos
...
Caractéristiques de l'actif
Revenu net
1 066 000 €
WALT
12 années
Surface de l'actif Net
4 273 m²
Taille du terrain Brut
2,89 hectare
Média
Points clés d'investissement
- 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 by Pinnacle’s bank operations associates
- 1 mile from High Point University (1 Regional College in South)
- Below market office rent of $26.81 PSF (compared to $35.26)
Contacter l'équipe
Pinnacle Bank - High Point, NC (University Pkwy) (0 actifs)
JLL peut vous accompagner dans le financement et la gestion de votre portefeuille. Contactez-nous pour découvrir comment nous pouvons vous aider.
Dernière mise à jour
29 oct. 2025
