PNC Single Tenant NNN Investment Opportunity

Property Information

• PARCEL: 30-00-24-2-003-009.000
• TENANT: PNC Bank
• BUILDING SIZE: Free-standing, 4,300 SF w/drive-thru
• TOTAL ACREAGE: 0.75± Acres
• SALE PRICE: $2,021,000
• AVERAGE NOI: $101,050
• CAP RATE: 5%
• LEASE TERMS: 10 year lease with 2, 5-year extensions
• LANDLORD RESPONSIBILITIES: Roof & structure. New roof installed in 2017 with a 15 year warranty.

The Tenant has been in the Midfield/Fairfield market since 1966 at 7200 Aaron Aronov Drive. They will be relocating and investing approximately $2,000,000 into this property.

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