1709 Walnut St | Murphysboro, IL 62966
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- LoopNet Team
1709 Walnut St
Murphysboro, IL 62966
Retail Property For Sale
INVESTMENT HIGHLIGHTS
- 1,800 Square Foot Bank Branch Located on 0.67 Acres
- Absolute Net Lease (NNN) - Zero Landlord Responsibilities
- Both Roof & HVAC Units Replaced in 2024
- Tenant Recently Exercised a 5-Year Lease Renewal Featuring a 10% Rental Increase in Year 3
- Corporate Guarantee: $49.5 Million in Deposits | 24%Increase From 2021
- (3) Five-Year Renewal Options Featuring Rental Increases
PROPERTY FACTS
Property Type
Retail
Property Subtype
Bank
Building Size
4,500 SF
Building Class
B
Year Built
1996
Tenancy
Single
Building Height
1 Story
Building FAR
0.39
Lot Size
0.26 AC
Zoning
C - Commercial
Parking
10 Spaces (2.22 Spaces per 1,000 SF Leased)
Frontage
PROPERTY TAXES
| Parcel Number | 14-04-355-010 | Improvements Assessment | $148,582 |
| Land Assessment | $28,902 | Total Assessment | $177,484 |
PROPERTY TAXES
Parcel Number
14-04-355-010
Land Assessment
$28,902
Improvements Assessment
$148,582
Total Assessment
$177,484
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