Pinnacle Bank – Archdale, NC

113 Trindale Road, Archdale, NC, 27263, US

Description

Jones Lang LaSalle Americas, Inc. (“JLL”) is pleased to offer the opportunity to acquire the fee simple interest in Pinnacle Bank located at 113 Trindale Rd, Archdale, NC (“Property” or “Asset”). Pinnacle is operating on 15-year absolute NNN lease with ±12.1 years of primary lease term remaining, 1.9% annual rent escalations, two, five-year renewal options and zero landlord responsibilities.

This unique opportunity allows investors the ability to acquire long-term passive income from an investment grade bank tenant with a significant deposit base from its local community.

NC Broker of Record: Pete Pitroff - NC License #: 163984

Limited Nonresident Commercial Real Estate Broker or Salesperson: Alex Sharrin, Alex Geanakos

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Caractéristiques de l'actif

Prix attendu

2 174 000 €

Taux de capitalisation

6 %

Revenu net

131 000 €

WALT

12.1 années

Surface de l'actif Net

483 m²

Média

Points clés d'investissement

Tenant: Pinnacle Financial Partners, with an investment-grade rating of Baa2 and a stable outlook.
Lease Term: Approximately 12.1 years remaining on the primary lease.
Deposits: The branch holds $124 million in deposits as of June 2025, a 17% increase since June 2024.
Rent Escalations: The lease includes 1.9% annual rent increases.
Corporate News: A merger with Synovus created the largest bank holding company in Georgia and the largest bank in Tennessee.
New Local Development (Residential): A new 536-unit community, the largest in Archdale's history, is being developed.
Lease Structure: The lease is Absolute NNN, meaning there are zero landlord responsibilities.
Local Population: There is a population of 79,000 within a five-mile radius.
New Local Development (Industrial): Axium Packaging launched a new $32 million facility in 2024, located one mile from the property.
Accessibility: The location at Trindale and N. Main St. provides direct accessibility to over 25,100 vehicles per day (VPD).