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PNC Bank Ground Lease 3230 W Camp Wisdom Rd 2,300 SF 100% Leased Retail Building Dallas, TX 75237 $3,815,566 CAD ($1,658.94 CAD/SF) 4.65% Cap Rate



Investment Highlights
- Zero Landlord Responsibility Corporate PNC Bank Ground Lease Asset Located in Dallas, TX
- 20 Year Ground Lease with 10% Rent Escalations Every 5-Years & Zero Landlord Responsibilities (Anticipated Opening Q1 2026)
- Located in Front of The Shops at RedBird Redevelopment; $200 Million redevelopment including UT Southwestern Outpatient Center, Dallas College
- PNC Bank Corporate Credit Rated “A” by S&P & “A2” by Moody’s, Both Considered Investment Grade
- Total Population over 250,600 People in 5-Mile Radius
- 2026 Partial Masonry Construction Bank with Drive Thru ATM
Executive Summary
PNC recently signed a 20-year corporate ground lease for a brand new 2026 construction drive thru
bank branch in front of the exciting and relevant RedBird Redevelopment in Dallas, Texas. The tenant is anticipated to open for business Q1 2026. The Property is located 12 minutes from downtown Dallas, 20 minutes from DFW Airport and 30 minutes from downtown Fort Worth. PNC Bank Ground Lease sits on +/- 0.63 acres with excellent positioning on Camp Wisdom Road alongside notable national tenants such as Starbucks, Chick Fil A, Frost Bank, AT&T, Wing Stop and Foot Locker. The Property consists of brand new a 2,300 SF partial masonry construction bank with a drive thru ATM. The ground lease features 10% rental escalations every 5-years with four 5-year renewal options and zero landlord responsibilities. PNC Bank is a publicly traded company (NYSE: PNC) with a corporate credit rating of “A” by S&P and “A2” by Moody’s, both considered investment grade. PNC Bank Ground Lease benefits from excellent visibilityon a Camp Wisdom Road entrance to The Shops RedBird Redevelopment. Notable national retailers in the immediate area include Sam’s Club, Target,The Home Depot, Lowes, Burlington Coat Factory, Starbucks, Chick Fil A, Dollar Tree, Family Dollar and T-Mobile amongst others.
bank branch in front of the exciting and relevant RedBird Redevelopment in Dallas, Texas. The tenant is anticipated to open for business Q1 2026. The Property is located 12 minutes from downtown Dallas, 20 minutes from DFW Airport and 30 minutes from downtown Fort Worth. PNC Bank Ground Lease sits on +/- 0.63 acres with excellent positioning on Camp Wisdom Road alongside notable national tenants such as Starbucks, Chick Fil A, Frost Bank, AT&T, Wing Stop and Foot Locker. The Property consists of brand new a 2,300 SF partial masonry construction bank with a drive thru ATM. The ground lease features 10% rental escalations every 5-years with four 5-year renewal options and zero landlord responsibilities. PNC Bank is a publicly traded company (NYSE: PNC) with a corporate credit rating of “A” by S&P and “A2” by Moody’s, both considered investment grade. PNC Bank Ground Lease benefits from excellent visibilityon a Camp Wisdom Road entrance to The Shops RedBird Redevelopment. Notable national retailers in the immediate area include Sam’s Club, Target,The Home Depot, Lowes, Burlington Coat Factory, Starbucks, Chick Fil A, Dollar Tree, Family Dollar and T-Mobile amongst others.
Property Facts
Sale Type
Investment
Property Type
Retail
Building Size
2,300 SF
Year Built
2026
Price
$3,815,566 CAD
Price Per SF
$1,658.94 CAD
Cap Rate
4.65%
NOI
$177,414 CAD
Percent Leased
100%
Building Height
1 Story
Building FAR
0.08
Lot Size
0.63 AC
Frontage
371’ on W Camp Wisdom
Nearby Major Retailers
Property Taxes
| Parcel Number | 0069310A0004D0000 | Improvements Assessment | $0 CAD |
| Land Assessment | $671,035 CAD | Total Assessment | $671,035 CAD |
Property Taxes
Parcel Number
0069310A0004D0000
Land Assessment
$671,035 CAD
Improvements Assessment
$0 CAD
Total Assessment
$671,035 CAD
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PNC Bank Ground Lease | 3230 W Camp Wisdom Rd
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