PNC Bank

NEC State Route 51 and Plaza Drive, Belle Vernon, PA
Deal Type:
Net Lease
Cap Rate:
Current Rent:
Lease Type:
Ground Lease
Landlord Responsibilities:
Lease Expiration Date:
Approx. 20 years
Renewal Options:
Two, 5-Year Options
Rent Increases:
10% Every 5 Years
Site Size:
.94 Acres

Investment Highlights

  • Lease Structure: New 20 year ground lease with 10% rent increases every 5 years
  • Property Location: The property sits on the signalized, hard corner intersection of PA-51 and Plaza Road with over 26,000 VPD
  • Tenant Credit: The PNC (S&P A Rated) is an out-parcel to the dominant local grocer, Shop N Save and adjacent to MVH Regional Hospital, which drives tremendous traffic to the area
  • Attractive Basis: With rent at $99,000, this offers an investor the rare opportunity to acquire a PNC Bank property for under $2,500,000
  • Demographics: The property is located in Belle Vernon, PA, an affluent suburb 30 miles from downtown Pittsburgh.

Listing Agents

Jordan Shtulman

Managing Partner
847 226 4133
[email protected]
phil digennaro stream capital partners

Philip DiGennaro

Managing Director
203 610 1541
[email protected]

Download Offering Memorandum

Please enter your first name, last name, email address and phone number in the text boxes. Please also indicate whether you are a Buyer or Broker. Once the form is submitted the offering memorandum will be emailed to you.

    Are you a buyer or broker?

    This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.


    Request Due Diligence Access

    Please fill out and submit the form below to request access to due diligence for this property. If you agree with the terms of the NDA, please check the "Approve NDA" box and submit. By submitting this form, you agree to the Terms and Conditions of the Confidentiality Agreement.

    If you would like to modify the NDA, please download the Word version, make your changes, and attach the revised version to the form or email it to [email protected].

    Once we receive your NDA, we will contact you with login information.

    View/Download NDA in Word format

      If you have made changes to the Word version of the NDA, please attach it here

      This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

      View All Listings