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1668 Montclair Rd
Irondale, AL 35210
PNC Bank Ground Lease · Retail Property For Sale
Investment Highlights
- 8+ Years Remaining, Tenant Recently Agreed to an Early Lease Extension
- 2% Annual Rental Increases During Base Term and 10% Increases Every 5 Years in Each Option
- Ranked #139 on the 2024 Fortune 500, $559.7 Billion in Assets
- Absolute NNN Ground Lease with No Landlord Responsibilities
- Investment Grade Credit Tenant (Rated “A“ by S&P), 4th Largest Branch in the U.S. with 2,200+ Locations
- PNC Acquired BBVA (Headquartered in Birmingham) in 2021 for $11.6 Billion
Property Facts
Property Type
Retail
Property Subtype
Building Size
3,634 SF
Building Class
C
Year Built
2007
Tenancy
Single
Building Height
1 Story
Building FAR
0.13
Lot Size
0.64 AC
Zoning
CB2 - Commercial
Parking
28 Spaces (7.7 Spaces per 1,000 SF Leased)
Frontage
Property Taxes
| Parcel Number | 23-00-26-2-000-028.001 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $252,220 |
Property Taxes
Parcel Number
23-00-26-2-000-028.001
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$252,220
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