PNC Bank

• PNC Bank (NYSE: PNC) is the 8th largest bank in the United States with ±$600 Billion in assets, 2,300+ branches, 60,000 ATMs, earning a record $7 Billion in 2025 full year net income, beating estimates by over 16%. PNC opened 25 new branches in 2025 and has plans for an additional 200+ by 2029.
• Corporate Guarantee: PNC Bank carries an S&P long-term issuer rating of “A” and short-term rating of “A-1” — firmly investment grade.
• Best in Class Bank Tenant: As a net lease tenant, it represents one of the most defensible and institutionally credentialed income streams in the single-tenant market.
• Absolute NNN Ground Lease: The tenant is responsible for 100% of all property taxes, insurance, maintenance, and utilities. The landlord has zero management obligations and retains ownership of the land.
• Brand New 20-Year Base Term with Four (4) Five-Year Renewal Options: representing a potential 40-year total lease commitment and a true generational real estate investment.
• 10% Rent Increases Every 5 Years throughout the base term and all four option periods, providing built-in rent growth and hedge against inflation.
• Premier Southwest Fort Worth Location: Situated on McPherson Blvd at the Chisholm Trail Parkway, the most dynamic emerging retail corridor in Southwest Fort Worth and one of the fastest-growing areas in the entire DFW Metroplex.
• Part of the Target-Anchored Power Center Under Development: This PNC Bank is part of The Shops at Chisholm Trail Ranch, a new shopping center anchored by Target. Under construction now at Chisholm Trail Parkway and McPherson Blvd, it will further cement the corridor’s status as a dominant retail hub in Southwest Forth Worth.
• Exceptional Retail Synergy: The corridor already features Chick-fil-A, Whataburger, Raising Cane’s, Chili’s, 7 Eleven, Starbucks, CAVA, Dutch Bros, Panda Express, Chipotle, Ross, Marshall’s, Bath & Body Works and too many others to name, with 12+ other outparcels under development creating a dense, traffic generating retail cluster to support the site’s performance.