Listed by SURMOUNT
$2,400,000
PNC Bank
Details
Property Type Retail
Sub Type Bank
Square Footage 2,420
Cap Rate 6.06%
NOI $145,530
Tenancy Single
Lease Type NNN
Lease Expiration 09/30/2030
Year Built 1976
Acreage 0.870
Tenant Credit Corporate Guarantee
Lease Commencement 10/01/2025
Ground Lease No
About This Property
Marketing description
Surmount is pleased to present the exclusive listing for a PNC Bank located at 6290 Library Road, Bethel Park, PA 15102. The site consists of roughly 2,420 rentable square feet of building space on an estimated .87-acre parcel of land. PNC Bank is subject to a 5-year Triple Net (NNN) lease, which commenced 10/1/2025. The current annual rent is $145,530 and has scheduled increases of 10.00% In Options.
Investment highlights
- Highly Ranked Location | Top 12% PNC Bank Nationwide (Placer.AI).
- High Deposits | $118.8 Million in Yearly Branch Deposits.
- Recent Renovation | Parking Lot Resealed and Restriped in 2024.
- Absolute NNN Lease with Fee Simple Ownership | Zero Landlord Responsibilities | Tenant Responsible for Maintenance, Insurance and Tax | Depreciable Asset.
Listing Contacts
Listed by SURMOUNT
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$145,530.00
$12,127.50/mo
Valuation Metrics
0
DSCR
6.06%
Cap Rate
6.06%
ROI
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