Sold Subscription Required
| Price $709,500 | Built/Renov 1986 | Tenant Old National Bank |
| Cap Rate 8.00% | Lease Type
Abs NNN | Guarantor Corp T and Rated |
| Size/SF
4,600
| Lease Start
11-01-2022
| #Units
258
|
| Price/SF $154.24 | Expiration
10-31-2027
| Tenant Type Bank/Financial |
| NOI $56,760 | R. Term 3.1 | Ownership Fee Simple |
| Rent/SF
$12.34
| Increases 0.0%/1/yrs | Pop 5Mi 7,052 |
| Lot/AC 0.55 | Options 1/5yrs | AHHI 5Mi $62,460 |
| | |
Old National Bank is strategically located on Sycamore Street, with access to 6,181 vehicles passing by daily. Numerous colleges and universities surround this property including Vincennes University, Owensburg Community and Technical College, and Brescia University. Additionally, there are many apartment complexes in the vicinity including Rockport High Rise Apartments, Health Acres...
...Build to suit
Dense retail corridor
Near major nationals
Strategically located
University college close
Absolute NNN
Traded and rated company
Corporate Guarantee
Investment grade tenant
Over 1000 units backed
Old National Bank is an American regional bank with over 250 retail branches operated by Old National Bancorp. It is based in the Midwest with dual headquarters in Chicago, Illinois, and...
| 1 Miles | 3 Miles | 5 Miles | |
| 2028 Total Population : | 1,687 | 2,901 | 6,340 |
| 2023 Total Population : | 1,736 | 2,984 | 6,494 |
| 2023 Employed Civilian Pop : | 794 | 1,367 | 3,008 |
| 2023 Total Businesses : | 127 | 194 | 267 |
| 2023 Average Household Income : | $ 67,612 | $ 70,855 | $ 75,428 |
| 2023 Total Consumer Spending : | $ 45 M | $ 81 M | $ 176 M |
| 2023 Median Age : | 44 | 44 | 42 |
| 2023 Total Households : | 751 | 1,286 | 2,652 |
| 2023 Pop Age 25+: Bachelor's Degree : | 176 | 305 | 564 |
| 2023 Average Home Value : | $ 154,947 | $ 165,104 | $ 186,189 |
| Collection Street | Cross Street | Year | Traffic Vol | Distance |
| Sycamore St | Jim Haaff Blvd | 2018 | 8,054 | 0.02 mi |
| North Base Road | N Lincoln Ave | 2021 | 1,325 | 0.20 mi |
| Sycamore Street | Rosewood St | 2021 | 6,646 | 0.21 mi |
| North Silverdale Road | State Rd 66 | 2021 | 605 | 0.22 mi |
| SR 66 | N Cty Rd 180 W | 2021 | 7,397 | 0.32 mi |
| Sycamore St | N 7th St | 2001 | 8,240 | 0.35 mi |
| John Street | Sycamore St | 2021 | 6,921 | 0.40 mi |
| 5th Street | State Rd 66 | 2021 | 7,023 | 0.46 mi |
| Local | N 6th St | 2020 | 658 | 0.49 mi |
| WASHINGTON ST | N 6th St | 2021 | 700 | 0.49 mi |
Bridgeport, OH
Cap Rate 7.90%
Lease Double NN
R. Term 0.00 yrs
Size/SF 4,620
Address: 929 Alton Road, Suite 500
Miami Beach, FL 33139
Telephone: (305) 977-7700
E-mail: [email protected]
