Press release
The Boulder Group Arranges Sale of Net Leased Pinnacle Bank in Nashville MSA
Pinnacle Bank operating under a 15-year NNN lease with over 12 years remaining. The lease features annual rent increases. Pinnacle Bank has strong annual deposits exceeding $323,000,000 at the subject location.
The property is strategically positioned along Mallory Lane (19,460 VPD) and is less than 1/2 mile west of Interstate 65 (150,085 VPD). The property benefits from its location 15 miles from downtown Nashville, the 35th most populous MSA in the United States.
Pinnacle Bank is situated in an outparcel of Costco in a very dense retail corridor. Prominent retailers nearby include Target, Home Depot, Best Buy, Floor & Decor, Academy Sports & Outdoors, Publix, The Cheesecake Factory, Olive Garden, Outback, Chick-fil-A, McDonald's, Taco Bell, Cracker Barrel, Red Lobster, Chili's, and Raising Cane's.
The surrounding area is well populated and highly affluent, with a population of 102,374 within a 5-mile radius and an average household income of $184,699 within 5 miles.
Pinnacle Bank is an American bank that was founded in 2000 and is headquartered in Nashville, TN. As of 2025, Pinnacle Bank operates over 160 locations throughout the southeastern United States. The company is publicly traded (Nasdaq: PNFP) and is a component of the S&P 400. Pinnacle Bank is an investment-grade company (Moody's: Baa2).
"Bank assets with lengthy lease terms in income tax-free states continue to garner significant investor interest", said Randy Blankstein, President of The Boulder Group. Jimmy Goodman, Partner of The Boulder Group, added, "This property benefits from robust demographics and its location 15 miles from downtown Nashville."
About The Boulder Group The Boulder Group is a boutique investment real estate service firm specializing in single tenant net lease properties. The firm provides a full range of brokerage, advisory, and financing services nationwide to a substantial and diversified client base, which includes high net worth individuals, developers, REITs, partnerships and institutional investment funds. Founded in 1997, the firm has arranged the acquisition and disposition of over $9 billion of single tenant net lease real estate transactions. From 2014-2024, the firm was ranked in the top 10 companies in the nation for single tenant retail transactions by both Real Capital Analytics and CoStar. The Boulder Group is headquartered in suburban Chicago.
www.bouldergroup.com
Media Contact
Company Name: The Boulder Group
Contact Person: Randy Blankstein
Email:Send Email [https://www.abnewswire.com/email_contact_us.php?pr=the-boulder-group-arranges-sale-of-net-leased-pinnacle-bank-in-nashville-msa]
Phone: 8478816388
Address:3520 Lake Avenue Suite 203
City: Wilmette
State: Illinois
Country: United States
Website: https://www.bouldergroup.com/NNN-Properties-For-Sale.html
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