Overview
Cushman & Wakefield is pleased to present the opportunity to acquire an Absolute NNN First Mid Bank & Trust, a well-capitalized regional financial institution (NASDAQ: FMBH), with an investment-grade profile.
Strategically located in Murphysboro, Illinois, the county seat of Jackson County, the property benefits from consistent government-driven employment and serves as a key financial services location within the community. The branch is positioned along a well-trafficked corridor with approximately 13,900 vehicles per day, representing strong visibility and accessibility relative to the size of the market.
Investment Highlights
• Leased to investment-grade tenant, First Mid Bank & Trust, backed by First Mid Bancshares, Inc. (NASDAQ: FMBH)
• New roof and HVAC systems in 2024
• Strategically located in the county seat of Jackson County, benefitting from consistent
government employment and local economic stability
• Tenant displays strong branch performance within the First Mid Bank & Trust portfolio,
holding approximately $43.5 million in deposits
• Positioned along main corridor in Murphysboro with approximately 13,902 vehicles per day, providing excellent accessibility and visibility for a community banking branch
• Strong tenancy as an essential-use asset with limited risk of obsolescence compared
to traditional retail uses
• Below market rents that should be able to be met or exceeded in the unlikely instance that the tenant decides to vacate
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Sales Team
