PNC Bank

CONTACT US REGARDING THIS LISTING

Robert Bender

Managing Partner

Douglas Passon

Managing Partner

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PROPERTY ADDRESS

878 W NORTON AVENUE, MUSKEGON, MI 49441

PROPERTY INFORMATION

Price:
$1,792,253
Cap Rate:
5.50%
Term Remaining:
6+ years Years
Year Built:
1970
Status:
Available

INVESTMENT HIGHLIGHTS

  • PNC Recently Remodeled This Branch
  • 2.5% Annual Rent Escalations
  • $105+ Million in Deposits (Which Have Doubled In Last 5 Years)
  • Outparcel To A Walmart Supercenter
  • PNC Bank, NA Guarantees the Lease (NYSE: PNC) - S&P Rating: “A”
  • This Location Has Been an Operating Bank Branch Since 1968
  • 5 Mile Population Exceeds 92,000 Residents
  • 5 Mile Average Household Income Exceeds $52,000