Old National Bank | South Bend, IN

 

3820 Edison Lakes Pkwy | South Bend, Indiana | 46545

$2,665,000

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About

  • Year Built: 1988
  • Type: Retail
  • Cap Rate: 6.5%
  • Bldg Size: 9,698 Sq Ft.
  • Lot Size: 1.7 Acres

AGENT

 

ADDITIONAL INFORMATION

  • Rent Increases 1.5% every year (based on 150% of CPI max 1.5%)
  • Lease has approx 8 years remaining plus four 5-year options
  • Excellent location across from the Varsity Club of America in a major office park
  • Primary Training Center - Location has just been converted into the bank's primary area training center
  • Absolute Triple Net Lease
  • Investment Grade - Moody's rated "A" credit