Pinnacle Bank - Mt Juliet, TN (N Mt. Juliet Rd)_Actifs en vente

551 N Mt Juliet Rd, Mt. Juliet, TN, 37122, US

Pinnacle Bank - Mt Juliet, TN (N Mt. Juliet Rd)

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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Caractéristiques de l'actif

Revenu net

856 000 €

WALT

12 années

Surface de l'actif Net

3 279 m²

Taille du terrain Brut

1,49 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 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