Parkridge III
10701 Parkridge Blvd, Reston, VA, 20191-4427, 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 202 Campbell Avenue Southeast in Roanoke, Virginia (“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 by Pinnacle’s retail and commercial offices.
VA Broker of Record: Andrew Weir – VA License #: 0225099542
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Attributes
NOI
¥115,757,000
WAULT
12 years
Building area net
2,584 sm
Year built
2020
Media
Investment highlights
- 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 retail and commercial offices
- Signalized intersection just off I-581 with direct accessibility to 96,000 VPD
- Within historic Campbell & Jefferson innovation district in largest metropolitan area in Virginia’s Blue Ridge Mountains
Contact brokers
Pinnacle Bank - Roanoke, VA (Campbell Ave SE) (0 Properties)
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Last updated
Oct 29, 2025
