Pinnacle Bank - High Point, NC (N Elm St)
801 North Elm Street, High Point, NC, 27262, US
1.274 vierkante meter
Beschrijving
Jones Lang LaSalle Americas, Inc. (“JLL”) is pleased to offer the opportunity to acquire the fee simple Pinnacle Financial Partners located at 1585 North University in High Point, North Carolina (“Property” or “Asset”). This property serves as a regional operations hub for Pinnacle, which is operating on a 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.
NC Broker of Record: Pete Pitroff - NC License #: 163984
Limited Nonresident Commercial Real Estate Broker or Salesperson: Alex Sharrin, Alex Geanakos
...
Kenmerken
NOI
€ 1.063.000
WAULT
12 jaren
Netto gebouwoppervlakte
4.273 vierkante meter
Bruto landoppervlakte
2,89 ha
Media
Investeringskenmerken
- 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 bank operations associates
- 1 mile from High Point University (1 Regional College in South)
- Below market office rent of $26.81 PSF (compared to $35.26)
Contact adviseurs
Pinnacle Bank - High Point, NC (University Pkwy) (0 Eigendommen)
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Laatst bijgewerkt
29 okt 2025
