- For Sale $1,806,000
- Property Type Retail - Street Retail
- Property Size 13,068 SF
- Lot Size 0.53 Acre
- Property Tenancy Single Tenant
- Year Built 1988
- Date Updated Mar 21, 2025
113,068 Square Foot First Mid Bank & Trust Branch Located in Mt. Carmel
Tenant Exercised a 5-Year Lease Renewal in 2022
Absolute Net Lease (NNN) - Zero Landlord Responsibilities
1.5% Annual Rental Increases Throughout Primary Term and Options
Corporate Guarantee: $46.5 Million in Deposits | 24% Increase From 2021
(3) Five-Year Renewal Options Featuring Annual Rental Increases
First Mid-Illinois Acquired 11 Locations in September of 2015 from Old National Bank.
8,500 People Within 5 Miles of Subject Property
Household Income in A 5-Mile Radius Exceeds $64,000
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Highlights
- 13,068 Square Foot First Mid Bank & Trust Branch Located in Mt. Carmel
- Tenant Exercised a 5-Year Lease Renewal in 2022
- Absolute Net Lease (NNN) - Zero Landlord Responsibilities
- 1.5% Annual Rental Increases Throughout Primary Term and Options
- (3) Five-Year Renewal Options Featuring Annual Rental Increases
- Corporate Guarantee | First Mid-Illinois Acquired 11 Locations in September of 2015 from Old National Bank
- 8,500 People Within 5 Miles of Subject Property
- Household Income in A 5-Mile Radius Exceeds $64,000
False
Contacts
Location
Getting Around
-
Walk Score ®
69/100
Somewhat Walkable
-
Bike Score ®
42/100
Somewhat Bikeable
Powered by Walk Score ®
- City Mount Carmel, IL
- Zip Code 62863
Points of Interest
-
McDonald's
0.44 miles
Frequently Asked Questions
How much does First Mid Bank & Trust cost?
The space currently listed for sale at First Mid Bank & Trust asks for $1,806,000.
What is the total square footage of First Mid Bank & Trust?
First Mid Bank & Trust totals 13,068 square feet.
When was this property built?
First Mid Bank & Trust was built in 1988.
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Contact Listing Broker
Encore Real Estate Investment Services