Pinnacle Bank - Raleigh, NC (Glenwood Ave)_Pand te koop
Pinnacle Bank - Raleigh, NC (Glenwood Ave)_Pand te koop
3515 Glenwood Avenue, Raleigh, NC, 27612, US

Pinnacle Bank - Raleigh, NC (Glenwood Ave)

Beschrijving

Jones Lang LaSalle Americas, Inc. (“JLL”) is pleased to offer the opportunity to acquire the fee simple Pinnacle Financial Partners located at 3515 Glenwood Avenue, North Carolina (“Property” or “Asset”). Pinnacle is operating on 15-year absolute NNN lease with ±12 years of primary lease term remaining, 1.0% 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
€ 1.728.000
WAULT
12 jaren
Netto gebouwoppervlakte
6.775 vierkante meter
Bruto landoppervlakte
1,7 ha

Media

Investeringskenmerken

  1. Operating on an absolute NNN lease with ±12 years of lease term remaining and 1.9% annual rent escalations
  2. Pinnacle Financial Partners is the largest bank in TN & largest bank holding company in GA with an investment grade rating (Moody’s: Baa2)
  3. 100% occupied by Pinnacle’s retail and commercial offices
  4. Affluent residential base with $225K in average household income within 1-mile radius
  5. One of the fastest growing MSAs in the US, with a 180% population increase
Pinnacle Bank - Raleigh, NC (Glenwood Ave) 4_Pand te koop
Pinnacle Bank - Raleigh, NC (Glenwood Ave) 4_Pand te koop

Contact adviseurs

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Laatst bijgewerkt
10 nov 2025