Sands Investment Group is Pleased to Present For Sale the PNC Bank Absolute NNN Lease Located in Prichard, Alabama. With an Early Executed 5 Year Extension and an Operating History of Over 45 Years, This Opportunity Provides For a Great Investment With an Established Tenant Presence in the Area.
Long Term Operating History – BBVA Now PNC Bank Has Been the Tenant Since the Property’s Construction in 1973
Absolute Triple Net (NNN) Lease With Zero Landlord Responsibilities
Easy Access – Branch is Located Directly Off of Highway 45 With Multiple Access Points
Branch Has Remained Open Throughout COVID-19 Through the Use of the Drive-Thru, Only Slightly Affecting Operating Hours
Only Operating Bank Branch Within a 3-Mile Radius
With the Recent BBVA USA and PNC Merger, PNC is Taking Over BBVA USA Operations and Subsequently Chose to Extend This Branch
Property Received Brand New Signage March 2020, Showing Dedication to the Site
Branch is Located Less Than 2-Miles From the University of Mobile Which Has an Enrollment of Approximately 1,700 Students
Mobile MSA is the Third Largest in Alabama With a Population of Over 400,000 People
Nearby National Credit Tenants Include: Walgreens, Shell, Dollar Tree, Dollar General, Piggly Wiggly, Taco Bell, Walmart Neighborhood Market and AutoZone
In Cooperation with BoR: Andrew Ackerman Lic. #C0001099750
The PNC Financial Services Group, Inc. (stylized as PNC) is an American bank holding company and financial services corporation based in Pittsburgh, Pennsylvania. Its banking subsidiary, PNC Bank, operates in 27 states and the District of Columbia, with 2,629 branches and 9,523 ATMs. PNC Bank is on the list of largest banks in the United States by assets and is one of the largest banks by number of branches, deposits, and number of ATMs.
PNC offers a wide range of services for all our customers, from individuals and small businesses, to corporations and government entities. No matter how simple or complicated your needs, PNC Bank is sure to have the products, knowledge and resources necessary for financial success.
On June 1, 2021, PNC acquired BBVA USA for $11.6 billion in cash. The acquisition significantly boosted its presence in Colorado and Texas, complemented its presence in Alabama and Florida, and introduced the bank to the Arizona, California, and New Mexico markets.