Pinnacle Bank - High Point, NC (University Pkwy) — Sale in High Point, NC
- Price: $1.2M
- Listing type: For sale
- Asset type: Office
- Location: High Point, NC 27262
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Description
Jones Lang LaSalle Americas, Inc. (“JLL”) is pleased to offer the opportunity to acquire the fee simple Pinnacle Financial Partners located at 1585 North University in High Point, North Carolina (“Property” or “Asset”). This property serves as a regional operations hub for Pinnacle, which is operating on a 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. NC Broker of Record: Pete Pitroff - NC License #: 163984 Limited Nonresident Commercial Real Estate Broker or Salesperson: Alex Sharrin, Alex Geanakos
Market Context
This office in High Point, NC is listed for sale at $1,241,000. Compare it against other office listings for sale in High Point, NC — view the full market.
As of Q1 2026, the Greensboro / Winston-Salem office market showed a 24.0% vacancy rate, and average asking rents near $19.85/SF/yr. Source: CBRE Q1 2026 market report.
Above-average vacancy gives buyers leverage and a wide set of comparables.
Office market FAQ
- Is the Greensboro / Winston-Salem office market tightening or softening?
- Vacancy is around 24.0% (Q1 2026).
Contact
- Alex Sharrin · 3059135545 · alex.sharrin@jll.com
- Alex Geanakos · 2122094506 · alex.geanakos@jll.com
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