Pinnacle Bank - Kernersville, NC

Jones Lang LaSalle Americas, Inc. (“JLL”) is pleased to offer the opportunity to acquire the fee simple Pinnacle Financial Partners located at 211 Broad Street in Kernersville, North Carolina (“Property” or “Asset”). Pinnacle is operating on 15-year absolute NNN lease with ±12.3 years of primary lease term remaining, 1.9% annual rent escalations, two, five-year renewal options and zero landlord responsibilities.

Kernersville is a town in Forsyth County and the largest suburb of Winston-Salem with a population of approximately 25,000. Located 9 miles from downtown Winston-Salem and 15 miles from downtown Greensboro, the Property is positioned at the hard corner of Broad Street and Harmon Lane, just north of the Interstate 40 exit with direct accessibility to 52,500 vehicles per day and convenient access to the rest of the Piedmont region.