Property Type:
Investment
Acreage:
0.97

Sale/Lease:
Sale
Sale Price/Sq.Ft:
Sale Price:
$ 3,000,000.00
Zoning:
B-2
Cap Rate:
5.8%
Address:

522 Main Street,
Mt. Vernon, Illinois 62864

Property Overview

 * Bank Facility

*  Bank Tenant

* Virtual NNN Lease Bank Facility

*  Bank Assets 1.468 Billion

*  Bank Profit through 9/30/20

*  Bank Equity Capital as of 9/30/20

*  $100,000 Credit to Buyer at Closing to make this Investment Virtual NNN

*  Tenant pays almost all Expenses

*  Call for Lease and Lease Extension

*  12  Years Remaining on Lease

*  Average Cap Rate over 12 Years 5.68%

 


Listing Agent
314-677-6653
Co-Listing Agent
314-677-6663