Pinnacle Bank - Albemarle, NC_Pand te koop
Pinnacle Bank - Albemarle, NC_Pand te koop
103 North 2nd Street, Albemarle, NC, 28001, US

Pinnacle Bank - Albemarle, NC

Beschrijving

Jones Lang LaSalle Americas, Inc. (“JLL”) is pleased to offer the opportunity to acquire the fee simple interest in Pinnacle Bank located at 103 N 2nd St in Albemarle, NC (“Property” or “Asset”). Pinnacle is operating on an 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 - NC License #: 163984

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


...

Kenmerken

Vraagprijs
€ 4.786.000
Cap rate
6%
NOI
€ 288.000
WAULT
11.8 jaren
Netto gebouwoppervlakte
1.028 vierkante meter

Media

Investeringskenmerken

  1. Investment grade tenancy with Baa2 rating and stable outlook for Pinnacle Financial Partners
  2. Operating on an absolute NNN lease with ±11.8 years of primary lease term remaining and 1.9% annual rent escalations
  3. Exceptional $141M in deposits as of June 2025, nearly double the other Stanly County Pinnacle location
  4. Merger with Synovus creates largest bank holding company in GA & largest bank in TN
  5. Strong population growth of 12% since 2010 within a 3-mile radius of the property
  6. Nearly top performing retail node with 3.2 million visits annually
  7. Signalized intersection with direct visibility to 14,000+ VPD
  8. Albemarle generates 67% of Stanly County's annual retail sales
Pinnacle Bank - Albemarle, NC 4_Pand te koop
Pinnacle Bank - Albemarle, NC 4_Pand te koop

Contact adviseurs

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Laatst bijgewerkt
Feb 11, 2026