Pinnacle Bank - Kernersville NC_Actifs en vente

211 Broad Street, Kernersville, NC, 27284, US

Pinnacle Bank - Kernersville NC

Description

Jones Lang LaSalle Americas, Inc. (“JLL”) is pleased to offer the opportunity to acquire the fee simple Pinnacle Financial Partners located at 211 Broad Street in Kernersville, North Carolina (“Property” or “Asset”). Pinnacle is operating on 15-year absolute NNN lease with ±11.8 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 - TN License #: 163984

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

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Caractéristiques de l'actif

Prix attendu

2 799 000 €

Taux de capitalisation

6 %

Revenu net

168 000 €

WALT

11.8 années

Surface de l'actif Net

613 m²

Année de construction

1997

Média

Points clés d'investissement

Operating on an absolute NNN lease with ±11.8 years of lease term remaining and 1.9% annual rent escalations
Pinnacle Financial Partners is the 2nd largest bank holding company in TN with an investment grade rating (Moody's: Baa2)
Exceptional deposits of $435 million (strongest in Forsyth County)
Strong demand characteristics driven by 5-mile AHHI of $107K
Adjacent to the #8 most visited Walmart location in North Carolina
Signalized intersection, just north of I-40 with 52,500 VPD