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31154572
31154574

2770 Buford Hwy NE, Duluth, GA 30096

JK
NY 10401296108, NY
SURMOUNT
HB
NY NY 10401358655
SURMOUNT
MS
NY 10401367850
SURMOUNT
Listed by SURMOUNT
$3,800,000
97 days on market
Updated 19 days ago

PNC Bank | New 15-Year Absolute NNN Lease

Details
Property Type Retail
Sub Type Bank
Square Footage 4,066
Cap Rate 5%
NOI $190,000
Occupancy 100%
Tenancy Single
Brand/Tenant PNC Bank
Lease Type NNN
Lease Term 15
Lease Expiration 05/19/2041
Remaining Term 14.9
Price per SqFt $935
Year Renovated 2026
Acreage 0.980
Investment Type Net Lease
Tenant Credit Corporate Guarantee
Lease Commencement 05/20/2026
Ground Lease No
Ownership Fee Simple

2026 Remodel | Rare Depreciable Absolute NNN Bank Asset | 15-Year Lease

Marketing description

Surmount is pleased to present the exclusive listing for a PNC Bank located at 2770 Buford Highway Northeast, Duluth, GA 30096. The site consists of roughly 4,066 rentable square feet of building space on an estimated .98-acre parcel of land. This PNC Bank is subject to a 15-year Triple Net (NNN) lease. The current annual rent is $190,000 and has scheduled increases of 10.00% every 5 years.

Investment highlights

  • Absolute Triple-Net (NNN) Lease | Rare Depreciable Bank Asset | Zero Landlord Responsibilities | The property is subject to a long-term absolute triple-net lease with zero landlord responsibilities, offering a future landlord with a truly passive investment. The tenant just signed a 15-year lease at this property which was a retrofit of an existing building. This lease is triple-net, offering depreciation benefits for a future landlord unlike most new ground leased bank assets.

  • Original 15-Year Lease | Approximately Fifteen (15) Years Remaining | Four (4), Five (5)-Year Options Remaining | The property is subject to a long-term fifteen-year lease with rent set to commence in May 2026. There are fifteen years of lease term remaining.

  • Rental Increases Of 10.00% Every Five (5) Years & Throughout Option Periods | Hedge Against Inflation | The lease of the subject property features 10.00% increases every five years and in the next four, five-year option periods.

  • Complete Renovation & Remodel Of Existing Building In 2026 | 4,066 Square-Foot Building | 0.98-Acre Lot | Drive-Thru | Large Pylon Sign Along Buford Highway | 22,511 Vehicles Daily | The subject property is a 4,066 square-foot building located on a 0.98-acre lot. There is a large pylon sign with frontage along Buford Hwy, a seven-lane highway with 22,511 vehicles daily. The building underwent a complete renovation and remodel in 2026.

Listing Contacts

JK
NY 10401296108, NY
SURMOUNT
HB
NY NY 10401358655
SURMOUNT
MS
NY 10401367850
SURMOUNT
Listed by SURMOUNT

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$
$
%
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$190,000.00
$15,833.33/mo

Valuation Metrics

0
DSCR
5%
Cap Rate
5%
ROI

Map

Zoning

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HC-R CommercialSpecial CommercialHighway Commercial And Retail District
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Last updated May 12, 2026 For deeper zoning details, reports are available at Zoneomics

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Property History

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Additional Information

Name
Brian Brockman
License
378952
Brokerage
Bang Realty-Georgia, Inc
Title
Broker of Record
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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