2 Kelli Dr

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2 Kelli Dr

Clinton, IL 61727
Asking Price
$4.25M
Cap Rate
7.25%
Asset Type
Bank Retail
Class
Class B

What's Special

Absolute NNN Bank Branch | 17-Yr Term w/ 2.5% Annual Bumps | $270M Deposits | 7.25% <ul><li>​<span style="color: rgba(1, 21, 29, 1)">±16 years of primary lease term remaining </span></li><li>​<span style="color: rgba(1, 21, 29, 1)">Absolute NNN lease with zero landlord responsibilities</span></li><li>​<span style="color: rgba(1, 21, 29, 1)">$270 million in 2025 bank branch deposits (3.8% increase from 2024) </span></li><li>​<span style="color: rgba(1, 21, 29, 1)">3.6% local retail vacancy rate (Bloomington MSA)</span></li><li>​<span style="color: rgba(1, 21, 29, 1)">Adjacent to

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NOI
$80,000
Cap Rate
1.88%
DSCR
0.32
Underwater
Cash-on-Cash
-13.52%
Monthly Payment
$21,026.681
Annual Cash Flow
$-172,320.173

Location & Travel Times