Old National Bancorp | 2 Locations | Absolute NNN w/Increases | Strong Deposits | Available Separately

Agent Info

Brandon Hanna


Deno Bistolarides


John Przybyla Broker of Record Illinois

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Offering Information

2431 N Vermilion St
Danville, IL 61832

  • Price: $1,759,200
  • Cap. Rate: 7.75%
  • NOI: $136,344
  • Building Size: 6,300SF
  • Lot Size: 1.28 AC

Investment Highlights

  • Old National Bank is a Regional Bank With Over 214 Retail Branches Operated by Old National Bancorp With Assets at $15.0 Billion
  • Old National Bancorp is the Largest Financial Services Bank Holding Company Headquartered in Indiana
  • Approximately 5 Years Remaining on the Lease with Annual Increases
  • Absolute NNN Lease - Zero Landlord Responsibilities
  • 6,300 +/- Square Foot Facility Situated on 1.28 Acres of Land
  • Average Household Income is $57,200 Within a Five Mile Radius
  • Located on a Vermilion St. With Traffic Counts Exceeding 25,000 VPD
  • The company's stock trades on The NASDAQ Global Select Market under the symbol ONB
  • In 2017, Old National was Named One of the World's Most Ethical Companies by the Prestigious Ethisphere Institute for the Sixth Consecutive Year
  • Danville is a city in and the county seat of Vermilion County, Illinois
  • Located Near National Retailers Including: Wendy’s, Taco Bell, Arby’s, McDonalds, Applebee’s, Dollar General, JoAnne Fabrics and Many More