Pinnacle Bank – Easley, SC — Sale in Easley, SC

  • Price: $5.4M
  • Listing type: For sale
  • Asset type: Retail Business
  • Location: Easley, SC 29640
  • Size: 10,942 SF

Photos

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Investment Figures

Cap rate
6.00%
Price per square foot
$494

Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.

Description

Jones Lang LaSalle Americas, Inc. (“JLL”) is pleased to offer the opportunity to acquire the fee simple interest in Pinnacle Bank located at 6602 Calhoun Memorial Highway in Easley, South Carolina (“Property” or “Asset”). Pinnacle is operating on 15-year absolute NNN lease with ±12 years of primary lease term remaining, 1.9% annual rent escalations, two, five-year renewal options and zero landlord responsibilities. This unique opportunity allows investors the ability to acquire long-term passive income from an investment grade bank tenant with a significant deposit base from its local community.

Market Context

This retail in Easley, SC is listed for sale at $5,403,000 across 10,942 SF. It is offered at an approximate 6.0% capitalization rate, a key benchmark for income-producing retail assets. Compare it against other retail listings for sale in Easley, SC — view the full market.

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