Pinnacle Bank - Murfreesboro, TN (College St.) — Sale in Murfreesboro, TN

  • Price: $1.1M
  • Listing type: For sale
  • Asset type: Office
  • Location: Murfreesboro, TN 37130

Photos

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Description

Jones Lang LaSalle Americas, Inc. (“JLL”) is pleased to offer the opportunity to acquire the fee simple interest in Pinnacle Bank located at 214 W. College Street in Murfreesboro, Tennessee (“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. The Asset is ~100% occupied with Trust Sales & Operations, Insurance Sales & Operations, Investment Sales, Commercial Bankers and Support Staff, Compliance/Risk, Accounting. TN Broker of Record: Richard Reid – TN License #: 321591

Market Context

This office in Murfreesboro, TN is listed for sale at $1,109,000. Compare it against other office listings for sale in Murfreesboro, TN — view the full market.

As of Q1 2026, the Nashville office market showed a 16.6% vacancy rate, and average asking rents near $37.95/SF/yr. Source: multiple brokerage reports, Q1 2026.

Above-average vacancy gives buyers leverage and a wide set of comparables.

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Is the Nashville office market tightening or softening?
Vacancy is around 16.6% (Q1 2026).

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