NNN Leased Bank
214 W College St Murfreesboro, TN 37130
For Sale
Contact for pricing
Absolute NNN bank property leased to Pinnacle Financial Partners with remaining term and annual rent escalations.
Property Size47,756 SF
Days on Market140
Property Features for 214 W College St
General Information
Standard status
Active
Size
47,756 SF
Property subtype
RETAIL
Listing Agency:
JLL
(404) 942-3192
Listed By:
Brad Buchanan · License #351151
Source:
Moodyscre
Added: Mar 12
Changed: Jul 25
Last Checked: Jul 28 at 3:28PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of JLL
Investment Insights
Based on property information with market context.
This absolute NNN bank property is currently operating under an absolute NNN lease with approximately 12 years remaining and 1.9% annual rent escalations. The space is 100% occupied by Pinnacle Financial Partners, including bankers and accounting operations.
Located in downtown Murfreesboro, Tennessee, the property offers accessibility to 83,000 VPD and sits adjacent to MTSU with 20,000+ students. It is positioned within a dense retail corridor reporting 12.8M+ annual visitors.
The offering is described as below-market rent, with stated rent of $23.06 PSF compared to $28.36 PSF, providing a clear snapshot of current lease economics based on the seller’s figures.
Located in downtown Murfreesboro, Tennessee, the property offers accessibility to 83,000 VPD and sits adjacent to MTSU with 20,000+ students. It is positioned within a dense retail corridor reporting 12.8M+ annual visitors.
The offering is described as below-market rent, with stated rent of $23.06 PSF compared to $28.36 PSF, providing a clear snapshot of current lease economics based on the seller’s figures.
Key Highlights
- Absolute NNN lease with 12 years remaining and 1.9% annual rent escalations
- 100% occupied by Pinnacle Financial Partners for banking, operations, bankers, and accounting
- Below‑market rent at $23.06 PSF versus $28.36 PSF
Property Analytics
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Bank - Absolute NNN bank property leased to Pinnacle Financial Partners with remaining term and annual rent escalations.
Where is this bank located?
The property is located at 214 W College St Murfreesboro, TN.
What are key features of this property?
This property features: Absolute NNN lease with 12 years remaining and 1.9% annual rent escalations; 100% occupied by Pinnacle Financial Partners for banking, operations, bankers, and accounting; Below‑market rent at $23.06 PSF versus $28.36 PSF
