1709 Walnut St - Bank FOR SALE


Murphysboro, IL 62966
$1,185,000 USD
513-763-3022
1709 Walnut St, Murphysboro, IL for Sale
$1,185,000 USD
Bank - FOR SALE
1/12
null | 7.01% Cap Rate

1709 Walnut St
Murphysboro, IL 62966


HIGHLIGHTS

  • Investment-Grade Tenant
  • County Seat
  • Essential Use Asset

OVERVIEW

Cushman & Wakefield is pleased to present the opportunity to acquire an Absolute NNN First Mid Bank & Trust, a well-capitalized regional financial institution (NASDAQ: FMBH), with an investment-grade profile. Strategically located in Murphysboro, Illinois, the county seat of Jackson County, the property benefits from consistent government-driven employment and serves as a key financial services location within the community. The branch is positioned along a well-trafficked corridor with approximately 13,900 vehicles per day, representing strong visibility and accessibility relative to the size of the market.

FOR SALE DETAILS

PRICE

$1,185,000 USD

PRICE/SF

$263 USD /SF

CAP RATE

7.01%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Bank

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1996

SPRINKLERS

-

PARKING SPACES

21

LAND DETAILS

LAND ACRES

0.26 AC

LAND SF

11,525 SF

ZONING

C

APN/PARCEL ID

14-04-355-010

ASK ABOUT THIS PROPERTY

Hank DavisCushman & WakefieldMore Info
513-763-3022

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Hank DavisCushman & WakefieldMore Info
513-763-3022

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