The Boulder Group is pleased to exclusively market for sale a single tenant net leased PNC Bank property located in Dayton, Ohio. PNC Bank has continuously operated a retail branch at this location since 2005, establishing a strong 20-year operating history at the site. The tenant has demonstrated long-term commitment by extending the lease multiple times and currently maintains one 5-year renewal option remaining, which includes a 7.5% rental escalation. PNC Bank maintains an investment grade A credit rating from Standard and Poor’s.
The 3,568 square-foot bank branch is positioned along North Main Street (24,000 VPD), a primary north-south commercial corridor serving the North Dayton trade area. The site occupies a 1.618-acre parcel and features ?ve drive-thru lanes. The property bene?ts from a dense residential base, with approximately 151,500 residents within a ?ve-mile radius. Nearby retailers that draw a continual ?ow of traffic to the corridor include Kroger, Ace Hardware, McDonald’s, AutoZone, CVS, Walgreens, Hibbett Sports, KFC, Taco Bell, and several others. The property is also roughly 2 miles west of Interstate 75, which carries 109,000+ vehicles per day.
PNC Bank, the primary banking subsidiary of The PNC Financial Services Group, Inc. (NYSE: PNC), is one of the largest diversi?ed ?nancial services institutions in the United States. Headquartered in Pittsburgh, Pennsylvania, with roots tracing back to 1852 (yr. founded), PNC was formed in its current structure through the 1983 merger of Pittsburgh National Corporation and Provident National Corporation. As of March 31, 2026, the company reported approximately $603 billion in assets, $458 billion in deposits, $463 billion in assets under administration, roughly 2,400 branches, and about 58,000 employees. They recently acquired First Bank in January 2026, demonstrating their growth strategy.