Pinnacle Bank - Mount Pleasant, SC_Imóvel à venda
Pinnacle Bank - Mount Pleasant, SC_Imóvel à venda
3305 South Morgans Point Road, Mount Pleasant, SC, 29466, US

Pinnacle Bank - Mount Pleasant, SC

Descrição do ativo

Jones Lang LaSalle Americas, Inc. (“JLL”) is pleased to offer the opportunity to acquire the fee simple Pinnacle Financial Partners located at 3305 South Morgans Point in Mount Pleasant, South Carolina (“Property” or “Asset”). Pinnacle is operating on 15-year absolute NNN lease with ±12.5 years of primary lease term remaining, 1.9% annual rent escalations, two, five-year renewal options and zero landlord responsibilities.


Located just 10 miles northeast of downtown Charleston, Pinnacle is positioned at the signalized intersection of N US Highway 17 and S Morgans Point Road with direct visibility to more than 55,000 vehicles per day. Pinnacle is located within what is known as “Upper Mount Pleasant” which has undergone decades of new residential development that outpaced the state as a whole.



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Atributos

Preço pedido
€ 4.961.000
Taxa de capitalização
5,25%
NOI
€ 261.000
WAULT
12.5 anos
Área de construção líquida
934 m²
Área de terreno bruta
0,45 ha

Mídia

Destaques do investimento

  • Operating on an absolute NNN lease with ±12.5 years of lease term remaining and 1.9% annual rent escalations
  • Pinnacle Financial Partners is the 2nd largest bank holding company in TN with an investment grade rating (Moody's: Baa2)
  • Adjacent to Market at Oakland, a top 4% shopping center in SC
  • Strong demand characteristics driven by 5-mile AHHI of $172K
  • Positioned in Upper Mount Pleasant which outpaces the state in residential development
  • Signalized intersection with direct accessibility to 55K VPD


Pinnacle Bank - Mount Pleasant, SC 4_Imóvel à venda
Pinnacle Bank - Mount Pleasant, SC 4_Imóvel à venda

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Pinnacle Bank - Mount Pleasant, SC (0 Propriedades)

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5 de mai de 2025