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522 Main St
Mount Vernon, IL 62864
Retail Property For Sale
Investment Highlights
- Single-tenant, absolute NNN structure for minimal landlord responsibility
- Over $330 million in deposits at the Mount Vernon branch
- Offered at $3,100,000 with a 6.07% cap rate
- Lease guaranteed by a $2 billion bank with strong financial backing
- Long-term lease with renewal options through 2059
Property Facts
Property Type
Retail
Property Subtype
Bank
Building Size
1,546 SF
Building Class
C
Year Built
2008
Tenancy
Single
Building Height
1 Story
Building FAR
0.04
Lot Size
0.97 AC
Zoning
B-2 - Secondary Business
Parking
38 Spaces (10 Spaces per 1,000 SF Leased)
Amenities
- Banking
- Drive Thru
Property Taxes
| Parcel Number | 07-29-337-015 | Improvements Assessment | $306,304 |
| Land Assessment | $34,643 | Total Assessment | $340,947 |
Property Taxes
Parcel Number
07-29-337-015
Land Assessment
$34,643
Improvements Assessment
$306,304
Total Assessment
$340,947
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