Lowest cap rate over past 24 months
12 mo avg with 5+ yr lease term
|Average Sale Price||$2,000,000 - $4,000,000|
|Average NOI||$100,000 - $250,000|
|Lease Term||15 - 20 Years|
|Escalations||10% Every 5 Years|
Ranked as the 6th biggest bank in the U.S. by deposit volume, PNC Financial Services Group, Inc., is also the 3rd biggest bank ATM banking company when taking into account their non-banking locations.
They currently own twenty five hundred branches with sixty six hundred ATMs, in addition to internet banking services. Presently, more than five million clients utilize PNC’s managerial services, deposits, investments, and lending opportunities.
With corporate headquarters based in the United States, PNC Bank regionally franchises with operations located in 15 states including Washington D.C. They continue to offer their well-known TAMP program (Turnkey Asset Management Program), alongside business management services that extend to official government agencies and organizations.
|Number of Locations||2,629|
|Key Principal||William S. Demchak|