Shopping Strip
First Financial Bank Center | Service-Oriented Retail Strip
727 N Cross Pointe Blvd, Evansville, IN 47715
Listing Price: $2,652,000
Investment Overview
100 Percent Occupied Six-Tenant Center Anchored by First Financial Bank – Tenant Operates 153 Locations in Four States with $1.33 Billon TTM Revenue, $22.8 Billion in Total Assets, and has Been in Business Over 160 Years | NASDAQ: FFBC
Adjacent to Costco & The Promenade of Evansville Development on 215 Acres – The Only Planned Mixed-Use, Full-Scale Lifestyle Development in Southwest Indiana, Including a 220-Unit Luxury Apartment Complex
Value-Add Opportunity – Four Tenants are on Month-to-Month Leases | Under Market Rents – $17.34 per Square Foot on Average | All Tenants Have Triple-Net Leases with Two Percent Annual Rent Increases
Surrounded by Major Employers, Medical Offices, Retail Centers, Hotels, Restaurants and National Businesses Such As Shoe Carnival’s Corporate Headquarters (535 Employees), Furniture Row, Drury Inn & Suites, Spark by Hilton, Golden Corral, Chick-fil-A, Bubba’s 33, McDonalds, Walmart, The Home Depot, Sam’s Club, New Raising Cane’s and More
Located a Quarter Mile North of Highly Traveled Lloyd Expy (53,430 Vehicles per Day), Evansville’s Main East-West Corridor | Less than One Mile from I-69 (55,822 Vehicles per Day) | Convenient Access to E Morgan Ave and Green River Road
Frontage to Cross Pointe Blvd with 17,871 Vehicles per Day and Growing Due to a Plethora of Adjacent Development
Evansville is the Largest Metro in Southern Indiana with 317,000 Residents and is the Economic Center of the Indiana-Kentucky-Illinois Tri-State Region, Serving a Trade Area of Over 520,000 Residents
Pride of Ownership – The Building Offers Class A Stone Masonry Work, a Standing Seam Metal Roof, and a Concrete Parking Lot
Excellent Demographics: Five-Mile Daytime Population is 144,452 and Three-Mile Average Household Income is $90,651
Investment Highlights
- 100 Percent Occupied Six-Tenant Center Anchored by First Financial Bank – Tenant Operates 153 Locations in Four States with $1.33 Billon TTM Revenue, $22.8 Billion in Total Assets
- Value-Add Opportunity – Four Tenants are on Month-to-Month Leases | Under Market Rents – $17.34 per Square Foot on Average | All Tenants Have Triple-Net Leases with Two Percent Annual Rent Increases
- Excellent Demographics: Five-Mile Daytime Population is 144,452 and Three-Mile Average Household Income is $90,651
Exclusively Listed By
Shopping Strip
First Financial Bank Center | Service-Oriented Retail Strip
Listing Price: $2,652,000
Investment Highlights
- 100 Percent Occupied Six-Tenant Center Anchored by First Financial Bank – Tenant Operates 153 Locations in Four States with $1.33 Billon TTM Revenue, $22.8 Billion in Total Assets
- Value-Add Opportunity – Four Tenants are on Month-to-Month Leases | Under Market Rents – $17.34 per Square Foot on Average | All Tenants Have Triple-Net Leases with Two Percent Annual Rent Increases
- Excellent Demographics: Five-Mile Daytime Population is 144,452 and Three-Mile Average Household Income is $90,651
Investment Overview
100 Percent Occupied Six-Tenant Center Anchored by First Financial Bank – Tenant Operates 153 Locations in Four States with $1.33 Billon TTM Revenue, $22.8 Billion in Total Assets, and has Been in Business Over 160 Years | NASDAQ: FFBC Adjacent to Costco & The Promenade of Evansville Development on 215 Acres – The Only Planned Mixed-Use, Full-Scale Lifestyle Development in Southwest Indiana, Including a 220-Unit Luxury Apartment Complex Value-Add Opportunity – Four Tenants are on Month-to-Month Leases | Under Market Rents – $17.34 per Square Foot on Average | All Tenants Have Triple-Net Leases with Two Percent Annual Rent Increases Surrounded by Major Employers, Medical Offices, Retail Centers, Hotels, Restaurants and National Businesses Such As Shoe Carnival’s Corporate Headquarters (535 Employees), Furniture Row, Drury Inn & Suites, Spark by Hilton, Golden Corral, Chick-fil-A, Bubba’s 33, McDonalds, Walmart, The Home Depot, Sam’s Club, New Raising Cane’s and More Located a Quarter Mile North of Highly Traveled Lloyd Expy (53,430 Vehicles per Day), Evansville’s Main East-West Corridor | Less than One Mile from I-69 (55,822 Vehicles per Day) | Convenient Access to E Morgan Ave and Green River Road Frontage to Cross Pointe Blvd with 17,871 Vehicles per Day and Growing Due to a Plethora of Adjacent Development Evansville is the Largest Metro in Southern Indiana with 317,000 Residents and is the Economic Center of the Indiana-Kentucky-Illinois Tri-State Region, Serving a Trade Area of Over 520,000 Residents Pride of Ownership – The Building Offers Class A Stone Masonry Work, a Standing Seam Metal Roof, and a Concrete Parking Lot Excellent Demographics: Five-Mile Daytime Population is 144,452 and Three-Mile Average Household Income is $90,651
Exclusively Listed By