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- LoopNet Team
16481 Excalibur Rd
Bowie, MD 20716
PNC Bank, Excalibur · Retail Property For Sale
Investment Highlights
- ?Investment Grade Credit Tenant – PNC Bank holds an S&P: A- and is currently the 7th largest financial institution in the United States.
- High Deposits – The bank holds $91,298,000 in deposits per the FDIC; ranking 3rd out of the 18 PNC Bank branches in Prince George's County.
- ?Strong Demographics – Average Household Income within 5-Miles is $148,652, providing a strong consumer base for branch operations.
- ?Absolute NNN Lease – There are 5.5 years remaining on an Absolute NNN Lease with zero landlord responsibilities and 4, 5-year options.
- ?15% Rental Increases – There are rare 15% rental increases every 5 years throughout the base term and option periods.
- ?Located Adjacent to Shopping Center - The property is located adjacent to Collington Plaza; co-anchored by Walmart and Giant Foods.
Property Facts
Amenities
- Signalized Intersection
Sustainability
Sustainability
LEED Certification Developed by the U.S. Green Building Council (USGBC), the Leadership in Energy and Environmental Design (LEED) is a green building certification program focused on the design, construction, operation, and maintenance of green buildings, homes, and neighborhoods, which aims to help building owners and operators be environmentally responsible and use resources efficiently. LEED certification is a globally recognized symbol of sustainability achievement and leadership. To achieve LEED certification, a project earns points by adhering to prerequisites and credits that address carbon, energy, water, waste, transportation, materials, health and indoor environmental quality. Projects go through a verification and review process and are awarded points that correspond to a level of LEED certification: Platinum (80+ points) Gold (60-79 points) Silver (50-59 points) Certified (40-49 points)
Property Taxes
| Parcel Number | 07-2871408 | Improvements Assessment | $4,584,500 |
| Land Assessment | $1,558,900 | Total Assessment | $6,143,400 |
Property Taxes
