886 Sycamore St, Rockport, IN 47635
4,870 SF | Retail Building | Rockport, IN 47635 | $709,500 ($146/SF) | 8% Cap Rate
For Sale
Active
Asking Price $709,500
- Property Type
-
Retail
- Square Feet
- 4,870 SF
- Price / Square Foot
- $146
Listing Contacts
Ronnie Issenberg
Ricardo Esteves
Gabriel Britti
Property Overview
Marcus & Millichap is pleased to present for sale this Old National Bank located at 886 Sycamore Street in Rockport, Indiana. This branch boasts strong deposits exceeding $54 Million in 2023.
Many colleges and universities surround this Old national Bank Property including Vicennes University with 16,773 Enrolled Students, Owensburg Community and Technical College with 4,621 enrolled students and Brescia University with 841 enrolled students.
Numerous apartment complexes also surround this property including Rockport High Rise Apartments, Health Acres Apartments, Zulu Duplexes, Spencer Village, East View Apartments, Simpson Apartments, Garden Grace Apartments, Greentree Apartments and Lee Manor Apartments.
Old National Bank is an American regional bank with nearly 200 retail branches operated by Old National Bancorp and based in Chicago and Evansville, Indiana. Old National Bank has over $48 Billion in assets and is the sixth largest commercial bank headquartered in the Midwest and a top 30 U.S. Bank.
Many colleges and universities surround this Old national Bank Property including Vicennes University with 16,773 Enrolled Students, Owensburg Community and Technical College with 4,621 enrolled students and Brescia University with 841 enrolled students.
Numerous apartment complexes also surround this property including Rockport High Rise Apartments, Health Acres Apartments, Zulu Duplexes, Spencer Village, East View Apartments, Simpson Apartments, Garden Grace Apartments, Greentree Apartments and Lee Manor Apartments.
Old National Bank is an American regional bank with nearly 200 retail branches operated by Old National Bancorp and based in Chicago and Evansville, Indiana. Old National Bank has over $48 Billion in assets and is the sixth largest commercial bank headquartered in the Midwest and a top 30 U.S. Bank.
Property Details
- Class
- B
- Year Built
- 1986
- Stories
- 1
- Property Subtype
- Bank
- Lot Size (sq. ft)
- 23,958 SF
Highlights
- Old National Bank Absolute NNN Lease | Strong Deposits Exceeding $54 Million
- Fee Simple Lease Structure | Annual Rent Increases
- Old National Bank Located at 886 Sycamore Street in Rockport, Indiana and Located Along the Ohio River
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