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2770 Buford Hwy
Duluth, GA 30096
PNC Bank · Retail Property For Sale
Investment Highlights
- Absolute Triple-Net (NNN) Lease | Rare Depreciable Bank Asset | Zero Landlord Responsibilities
- Rental Increases Of 10.00% Every Five (5) Years & Throughout Option Periods | Hedge Against Inflation
- Original 15-Year Lease | Approximately Fifteen (15) Years Remaining | Four (4), Five (5)-Year Options Remaining
- Complete Renovation & Remodel Of Existing Building In 2026 | 4,066 Square-Foot Building
Executive Summary
Surmount is pleased to present the exclusive listing for a PNC Bank located at 2770 Buford Highway Northeast, Duluth, GA 30096. The site consists of roughly 4,066 rentable square feet of building space on an estimated .98-acre parcel of land. This PNC Bank is subject to a 15-year Triple Net (NNN) lease. The current annual rent is $190,000 and has scheduled increases of 10.00% every 5 years.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Restaurant
Building Size
4,066 SF
Building Class
B
Year Built
1997
Price
$4,000,000
Price Per SF
$983.77
Cap Rate
4.75%
NOI
$190,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.10
Lot Size
0.98 AC
Zoning
HC
Amenities
- Drive Thru
Property Taxes
| Parcel Number | 7-202-282 | Improvements Assessment | $192,080 |
| Land Assessment | $155,400 | Total Assessment | $347,480 |
Property Taxes
Parcel Number
7-202-282
Land Assessment
$155,400
Improvements Assessment
$192,080
Total Assessment
$347,480
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