407 S Main

407 S Main St Clinton, IN 47842 United States
In Q2 of 2020, CIRE added a single-tenant bank portfolio comprising three Old National Banks in Indiana.
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  • 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.

Property Type

Retail
0

SF/Acres

51,400

Submarket

Varies

Year Built/Renovated

1964

CBSA

Terre Haute, IN

Tenant Highlights

Old National Bank

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407 S Main
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407 S Main