Old National Bank | Winchester, IN

Agent Info

Brandon Hanna

248.702.0290
bhanna@encorereis.com

Deno Bistolarides

248.702.0288
denob@encorereis.com

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Offering Information

100 S Meridian
Winchester, IN 47394

  • Price: $2,451,500
  • Cap. Rate: 7.50%
  • NOI: $183,864
  • Building Size: 9,000SF
  • Lot Size: .81 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
  • The Only Other ONB in Randolph County is Closing
  • Absolute NNN Lease - Zero Landlord Responsibilities
  • 9,000+/- Square Foot Facility Situated on 0.60 Acres of Land
  • Average Household Income is $57,261 Within a Five Mile Radius
  • The Property is Located on a Signalized Corner With Traffic Counts Exceeding 15,000 Vehicles Per Day
  • 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
  • Winchester is located in Randolph County on the Indiana - Ohio Border - There are an estimated 6 Million People Within a 2 Hour Drive
  • Located in Westchester are 3 Major Health Care Systems - St. Vincent Randolph Hospital, Indiana University Health and Reid Hospital & Health Care Services