Turn-Key Bank for Lease

Retail-Commercial for Lease
Catylist Listing ID: 30715282
Property Subtypes: Mixed Use, Retail-Pad, Street Retail, Other
Contiguous Space: 8,000 SF
Building Size (RSF): 8,000 SF
Gross Building Area: 29,434 SF
Lease Rate: $6 PSF (Annual)
Base Monthly Rent: $4,000
Lease Types: NNN
Ceiling: 12 ft.
Usable Size (USF): 8,000 SF
Last Updated: 10/2/2023

Overview / Comments

Turn-key bank available for lease in Mitchell, Indiana. Building is 8,000 SF broken into two sections. The bank is approximately 6,600 SF. A 1,400 community/large gathering area is attached to this suite. Could be leased out by the tenant with landlord approval, however, space cannot be subdivided by main tenant in initial lease. Building features installed/hardwired sprinkler, fire, and burglary systems. Bank includes 4 teller bays and 1 handicap bay, teller count room, vault, 1 conference room, 4 private offices, kitchen/breakroom, 1 large work/storage/file room, 3 drive-through bays, 2 ADA restrooms and 2 safety deposit box viewing rooms. Property also has a wired pad for an ATM in the parking lot. Could be utilized by bank, or leased by tenant to another ATM service/bank with landlord approval.

Expand All Available Space

Suite: 1305 8,000 SF $6 PSF (Annual) NNN
Level/Floor: 1
Space Available: 8,000 SF
Lease Rate: $6 PSF (Annual)
$4,000 (Monthly)
Lease Type: NNN
Space Description: Turn-key bank available for lease in Mitchell, Indiana. Building is 8,000 SF broken into two sections. The bank is approximately 6,600 SF. A 1,400 community/large gathering area is attached to this suite. Could be leased out by the tenant with landlord approval, however, space cannot be subdivided by main tenant in initial lease. Building features installed/hardwired sprinkler, fire, and burglary systems. Bank includes 4 teller bay and 1 handicap bay, teller count room, vault, 1 conference room, 4 private offices, kitchen/breakroom, 1 large work/storage/file room, 3 drive-through bays, 2 ADA restrooms and 2 safety deposit box viewing rooms. Property also has a wired pad for an ATM in the parking lot. Could be utilized by bank, or leased by tenant to another ATM service/bank with landlord approval.
Space Subcategory: Mixed Use, Office Building
Date Available: 3/11/2021
Space Type: Relet
Conference Rooms: 1
Offices 4
Kitchen Yes
Parking Spaces 25
CAM Expenses $250 PSF (Annual)

Additional Details

Nearest MSA: Bedford
County: Lawrence
Tax ID/APN: 47-11-35-440-035.000-005
Zoning: GENERAL COMMERCIAL
Retail Clientele: General, Business
Property Visibility: Excellent
Largest Nearby Street: W. Main St.
Highway Access: Less than one mile from HWY-37.
Tenancy: Multiple Tenants
Total Number of Buildings: 1
Number of Stories: 1
Property Condition: Good
Year Built: 1972
Roof Type: Flat
Construction/Siding: Block
Total Parking Spaces: 25
Parking Type: Surface
Parking Description: Private, paved lot.
Sprinklers: Wet
Heat Type: Natural Gas
Heat Source: Central
Air Conditioning: Engineered System
Zoning Description: General Commercial/Business
Water Service: Municipal
Sewer Type: Municipal
Legal Description: B T C LOTS 8-21 INCL

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 2,884 4,879 11,007
Median Age: 39.87 40.46 40.73
Households: 1,194 1,981 4,414
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