- In Q2 of 2020, CIRE added a single-tenant bank portfolio comprising three Old National Banks in Indiana.
- This investment includes a corporately guaranteed lease from an investment-grade tenant, Old National Bank, with a Moody’s Credit Rating of Aa3.
- The original lease term is in place until 2022, with four five-year option periods and annual rent increases throughout the remaining lease term and option periods.
- The Old National Bank location in Clinton, IN, is surrounded by several tenants, including First Financial Bank, Fifth Third Bank, TrueValue Hardware, Ace Hardware, Dairy Queen, Cingular Stores, and Citgo Gas, among others.
INVESTMENTS THAT TRANSFORM
Portfolio
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407 S Main
407 S Main St., Clinton, IN 47842
Retail
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About
Property Type
Retail
SF/Acres
51,400
Submarket
Varies
Year Built/Renovated
1964
CBSA/Submarket
Terre Haute, IN
Tenant Highlights
Old National Bank
407 S Main St., Clinton, IN 47842
In Q2 of 2020, CIRE added a single-tenant bank portfolio comprising three Old National Banks in Indiana.
Interested in leasing space at this property?
407 S Main
