241 Brooklawn Street, Knoxville, TN, 37934, US

Pinnacle Bank - Knoxville, TN

資產詳情

Jones Lang LaSalle Americas, Inc. (“JLL”) is pleased to offer the opportunity to acquire the fee simple Pinnacle Financial Partners located at 241 Brooklawn Street in Knoxville, Tennessee (“Property” or “Asset”). Pinnacle is operating on 15-year absolute NNN lease with ±12.5 years of primary lease term remaining, 1.9% annual rent escalations, two, five-year renewal options and zero landlord responsibilities.

Located just 13 miles southwest of downtown Knoxville, Pinnacle is positioned at the signalized intersection of Brooklawn Street and S Campbell Station Road, just south of Kingston Pike, the main throughfare in the town of Farragut, with direct accessibility to more than 44,000 vehicles per day. Farragut is an affluent area in the Knoxville MSA known for its upscale homes and proximity to downtown Knoxville.

...

特性

叫價

HK$17,128,000

投資回報率

5.25%

淨營運收入

HK$901,000

WAULT

12.5 年

建築物面積 (淨面積)

3,995 平方呎

土地面積

1.13 英畝

媒體

投資亮點

Operating on an absolute NNN lease with ±12.5 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)
Outparcel to 200,000 SF Kroger anchored Brooklawn Village shopping center
Strong demand characteristics driven by 3-mile AHHI of $166K
Adjacent to new $100 million Biddle Farms development
Signalized intersection with direct accessibility to 44K VPD