8541 Concord Mills Blvd - Bank FOR SALE


Concord, NC 28027- Concord Mills
$6,392,000 USD
760-448-2449
8541 Concord Mills Blvd, Concord, NC for Sale
$6,392,000 USD
Bank - FOR SALE
1/10
null | 4.85% Cap Rate

8541 Concord Mills Blvd
Concord, NC 28027
Concord Mills


HIGHLIGHTS

  • Corporate Guaranty From PNC Bank – Standard & Poor’s “A” Credit Rating – Publicly Traded Company– NYSE: PNC
  • Brand New 15 Year Absolute NNN Lease – No Landlord Responsibilities
  • Outparcel to Concord Mills Mall – #1 Super Regional Mall in NC – 11.7 Million Visitors Annually (source: Placer.ai)
  • Charlotte MSA – Major U.S. Banking Hub – High-Growth Southeast Economy – 2.9M+ Residents; $255B+ in Annual Economic Output
  • Affluent Demographics – Strong Consumer Spending – Proximity to Charlotte Motor Speedway

OVERVIEW

Lee & Associates and NNN Investment Group are pleased to present the opportunity to acquire the fee simple interest in a newly renovated PNC Bank located at 8541 Concord Mills Boulevard in Concord, North Carolina, within the Charlotte MSA. The property consists of a 2,796-square-foot standalone bank building situated on 1.21 acres as an outparcel to Concord Mills Mall, the #1 super-regional mall in North Carolina. PNC Bank, National Association has executed a new 15-year absolute NNN lease commencing in 2026, providing investors with a long-term, passive income stream backed by one of the nation’s largest financial institutions.

FOR SALE DETAILS

PRICE

$6,392,000 USD

PRICE/SF

$2,549 USD /SF

CAP RATE

4.85%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

PNC Bank

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Bank

ADD'L SUBTYPES

Freestanding, Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2000

SPRINKLERS

-

PARKING SPACES

52

LAND DETAILS

LAND ACRES

1.22 AC

LAND SF

53,316 SF

ZONING

C-2

APN/PARCEL ID

4589-65-1079-0000

ASK ABOUT THIS PROPERTY

Ryan BennettLee & AssociatesMore Info
760-448-2449

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Ryan BennettLee & AssociatesMore Info
760-448-2449

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.