7.4% CAP RATE
TRIPLE NET INVESTMENT OPPORTUNITY. Long-term corporate-backed NNN lease in place. Old National Bank enjoys a Moody’s credit rating of A3/Stable. Operated by Old National Bancorp and based in Evansville, Indiana, Old National Bank has assets of $10.4 Billion with over 170 banking centers. It is the largest financial services bank holding company headquartered in Indiana and one of the top 100 banking companies in the U.S. Its primary banking footprint is in Indiana, Illinois, Kentucky and Michigan. ONB also owns Old National Insurance, one of the 100 largest insurance brokers in the U.S. NOTE: Other ONB investment properties available; contact Listing Broker for details. Second tenant in this property is a United States Post Office. - Number of buildings: 1 - Class of space: Class A - Tenancy: Multiple Tenants
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Median rate is a number derived from the median rate of listings posted on 42floors and reports from thought leaders in the area.