Skip to main content

Bank

New-PNC Bank | TOP 11% PNC BANK NATIONWIDE (PLACER.AI) - MNet Launch

6290 Library Rd, Bethel Park, PA 15102

Listing Price: $2,007,000

Cap Rate
7.25%
Tenant Name
PNC Bank
Years Remaining On Lease
5.9
Gross SF
2,420
Guarantor
Corporate Guarantee
Rentable SF
2,420
Price/Gross SF
$829.34
Lease Type
Absolute Net
Rent Per Square Feet
$60.14

Investment Overview

The subject property is an absolute NNN leased PNC Bank located in Bethel Park, PA. Bethel Park is part of Allegheny County, Pittsburgh’s urban core county and economic hub with a population of 1.250+ million residents. The property is positioned on Library Road/Pennsylvania Route 88, a major south-north corridor leading to Pittsburgh.

Investment Highlights

  • TOP 11% PNC BANK NATIONWIDE (PLACER.AI)
  • TENANT EXERCISED EARLY LEASE EXTENSION
  • INVESTMENT GRADE TENANT – RATED "A" BY S&P
  • $105MM IN BRANCH DEPOSITS

Broker of Record

  • Timothy B. Stephenson Jr.

    Regional Manager

    (215) 531-7000

    License(s) PA: RMR006104

    Pennsylvania

Bank

New-PNC Bank | TOP 11% PNC BANK NATIONWIDE (PLACER.AI) - MNet Launch

Listing Price: $2,007,000

Cap Rate
7.25%
Tenant Name
PNC Bank
Years Remaining On Lease
5.9
Gross SF
2,420
Guarantor
Corporate Guarantee
Rentable SF
2,420
Price/Gross SF
$829.34
Lease Type
Absolute Net
Rent Per Square Feet
$60.14

Investment Highlights

  • TOP 11% PNC BANK NATIONWIDE (PLACER.AI)
  • TENANT EXERCISED EARLY LEASE EXTENSION
  • INVESTMENT GRADE TENANT – RATED "A" BY S&P
  • $105MM IN BRANCH DEPOSITS

Investment Overview

The subject property is an absolute NNN leased PNC Bank located in Bethel Park, PA. Bethel Park is part of Allegheny County, Pittsburgh’s urban core county and economic hub with a population of 1.250+ million residents. The property is positioned on Library Road/Pennsylvania Route 88, a major south-north corridor leading to Pittsburgh.

Broker of Record

  • Timothy B. Stephenson Jr.

    Regional Manager

    (215) 531-7000

    License(s): PA: RMR006104

    Pennsylvania

MM Texture Background
MM Textured Background Lower