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PNC Bank Properties For Sale 

    



Interested in Purchasing a PNC Bank Property for Investment?

 

If you wish to purchase a PNC Bank property for investment, please email  info@nnndeals.com; We have access to an extensive inventory of triple net PNC Bank Properties for sale in Washington D C, Maryland, Virginia and the entire United States. 

 

 

 

PNC Bank

 

 
Price: 

$2M - $5M


Lease Term
:

10 – 20 Years


Increases:
 
10% Every 5 years 
Lease Extensions: 20 – 40 Years  

Lease Type
:
Absolute NNN Lease 

Lease
Guarantee: 

Corporate
CAP Rate Ranges:
4.5% – 5.5%
Public
Traded as NYSEPNC
S&P 500 Component
Industry Financial services
Predecessor Pittsburgh National Corporation
National City
Riggs Bank
Founded April 10, 1845
Operational: January 28, 1852
Headquarters Tower at PNC Plaza
Pittsburgh,Pennsylvania
,United States
Key people
Jim Rohr(Chairman)
William S. Demchak(CEO)
Revenue US$14.326 billion(2011) [1]
US$ 4.069 billion(2011) [1]
US$ 3.071 billion(2011) [1]
AUM US$ 210 billion(2011) [1]
Total assets US$ 345.1 billion(2015) [2]
Total equity US$ 37.246 billion(2011) [1]
Number of employees
51,891(2011) [1]
Website PNC.com

    

 

About PNC Bank:

 

PNC Financial Services Group, Inc.(stylized as PNC  ) is an American financial services corporation, with assets  (as of December 31, 2014) of approximately $345.2 billion.[3] PNC operations include a regional banking  franchise operating primarily in nineteen states  and the District of Columbia with more than 2,700 branches, online and mobile services together with 8000 ATMs,[4] specialized financial businesses  serving  companies  and  government  entities, and asset management and processing businesses. 

PNC is the fifth largest bank in the United States (total branches), sixth largest bank by deposits in the United States, ninth largest by total assets,[5][6] and the third largest bank off-premises ATM provider.[7] PNC is based in Pittsburgh.

PNC Financial Services traces its history to the Pittsburgh Trust and Savings Company which was founded in Pittsburgh, Pennsylvania, in 1852. In 1858, the company located its corporate offices at the corner of Fifth Avenue and Wood Street in Pittsburgh where they remain to this day. The bank changed its name to First National Bank of Pittsburgh in 1863, after it became the first bank to receive a national charter as part of that year's National Banking Act.[4]

By 1959, after a series of mergers, the bank had evolved into the Pittsburgh National Corporation. Another branch of the current bank, the Philadelphia based Provident National Corporation, dates back to the mid-19th century.[4]

In 1982, Pittsburgh National Corporation and Provident National Corporation merged into a new entity named PNC Financial Corporation.[4] Between 1991 and 1996, PNC purchased over ten smaller banks and financial institutions that broadened its market base from Kentucky to the Greater New York metropolitan area.[4] In 2005, PNC acquired Washington, D.C. based Riggs Bank.[4] PNC completed the acquisition of Maryland-based Mercantile Bankshares on March 2, 2007.[4] On June 7, 2007, PNC announced the acquisition of Yardville National Bancorp, a small commercial bank centered in central New Jersey and eastern Pennsylvania. The transaction was completed in March 2008.[4] On July 19, 2007, PNC announced the acquisition of Sterling Financial Corporation, a commercial and consumer bank with accounts and branches in central Pennsylvania, northeastern Maryland and Delaware. The transaction was also completed in 2008.[4]

 

PNC Bank  Properties For Sale Across the United States:

Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky,  Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey,  New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma,  Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Virgin Islands,  Washington, West Virginia,  Wisconsin,  Wyoming    



 

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