401 Washington St - Bank FOR SALE


Covington, IN 47932
$2,380,300 USD
619-727-2074
401 Washington St, Covington, IN for Sale
$2,380,300 USD
Bank - FOR SALE
1/2
null | 6% Cap Rate

401 Washington St
Covington, IN 47932


HIGHLIGHTS

  • Annual Rental Increases of 1.5%
  • Corporate Guarantee by Old National Bancorp

OVERVIEW

Absolute NNN Lease- No Landlord Responsibilities Whatsoever

FOR SALE DETAILS

PRICE

$2,380,300 USD

PRICE/SF

$374 USD /SF

CAP RATE

6%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Old National Bank

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Bank

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1978

SPRINKLERS

-

PARKING SPACES

26

LAND DETAILS

LAND ACRES

1.17 AC

LAND SF

50,965 SF

ZONING

-

APN/PARCEL ID

23-06-35-225-037.000-016

ASK ABOUT THIS PROPERTY

Joshua VolenCIRE PartnersMore Info
619-727-2074

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Joshua VolenCIRE PartnersMore Info
619-727-2074

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.