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30034925
30034762

17375 W Capitol Dr, Brookfield, WI 53045

AV
CA 01982366
Touchstone Commercial Partners
SR
WI 58772 - 90, CA 02101543 (+42)
ParaSell Inc
Listed by Touchstone Commercial Partners, ParaSell Inc
$1,520,000
94 days on market
Updated 52 days ago

PNC Bank / Absolute NNN Ground Lease1

Details
Property Type Retail
Sub Type Bank
Square Footage 5,061
Cap Rate 6.75%
NOI $102,600
Occupancy 100%
Tenancy Single
Brand/Tenant PNC Bank
Lease Type Absolute NNN
Lease Term 20
Lease Expiration 01/30/2032
Remaining Term 5.9
Rent Bumps Yes
Lease Options 5 Ten-Year Options
Price per SqFt $300
Year Built 2012
Investment Type Net Lease
Tenant Credit Credit Rated, Corporate Guarantee
Lease Commencement 01/24/2012
Ground Lease Yes
Ownership Ground Lease

Affluent Milwaukee's Suburb / #1 School District In Entire State

Marketing description

TOUCHSTONE COMMERCIAL PARTNERS is pleased to offer for sale a PNC Bank located in Brookfield, Wisconsin. PNC Bank has operated successfully at this location since 2012 under an absolute NNN ground lease with a current term through January 2032, plus five 10-year renewal options featuring 8%–10% rent increases at each option.

PNC Bank is one of the largest diversified financial services institutions in the U.S. It operates over 2,200 branches coast-to-coast and 60,000+ ATM networks. In 2025, PNC generated a record 22 billion in revenue and $7 billion in net income. The company is actively investing $2 billion to open 300+ new branches over the next 5 years.

Brookfield, just 15 miles west of downtown Milwaukee, is one of the region’s most established and affluent suburbs, supported by the #1 “Best School District in Wisconsin,” median household income exceeding $129,000 (3-mile), and homeownership above 82%. It benefits from the broader Greater Milwaukee economic powerhouse of 1.5+ million residents and GDP over $130 billion, anchored by six Fortune 500 headquarters including Northwestern Mutual, Kohl’s, Fiserv, and Rockwell Automation. The area offers a highly desirable quality of life with major regional destinations and events, including Summerfest, along with cultural and sports anchors such as the Milwaukee Art Museum, Harley-Davidson Museum, the Milwaukee Brewers at American Family Field, and the Milwaukee Bucks at Fiserv Forum.

In Association With ParaSell, Inc., A Licensed Wisconsin Broker - Lic. #938545-91

Investment highlights

  • ABSOLUTE NNN GROUND LEASE - 6.8+ Years Remaining. 50 Years Renewal Options. Rent Increases Throughout
  • LONG SUCCESSFUL HISTORY AT LOCATION - PNC Bank At Location Since 2012. Backed By $2B Branch Investments Over 5 Years
  • BROOFIELD IS ONE OF THE REGION’S MOST AFFLUENT SUBURBS - $129K Median Household Income. #1 “Best School District In Wisconsin”
  • 15 MILES FROM MILWAUKEE, AN ECONOMIC POWERHOUSE - 1.5+ Million Residents. $130B GDP. 6 Fortune 500 Companies
  • NATIONAL INVESTMENT-GRADE TENANT [NYSE:PNC] - $22B Revenue. S&P Investment Grade A. Corporate Guaranteed Lease

Listing Contacts

AV
CA 01982366
Touchstone Commercial Partners
SR
WI 58772 - 90, CA 02101543 (+42)
ParaSell Inc
Listed by Touchstone Commercial Partners, ParaSell Inc

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$
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$102,600.00
$8,550.00/mo

Valuation Metrics

0
DSCR
6.75%
Cap Rate
6.75%
ROI

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Additional Information

Name
Scott Reid
License
58772 - 90
Brokerage
ParaSell, Inc.
Brokerage Phone
(949) 942-6578
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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