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309 N Washington St
Crawfordsville, IN 47933

$1,685,000 USD

Bank For Sale  •  3,000 SF

Property Details

• Property Type Bank
• Total Building Size 3,000 SF
• Lot Size 0.55 AC
• Building Class C
• Year Built 1979
• Cap Rate 4.75 %
• Tenancy Single
• Zoning B3

40 Walk Score

Highlights

Brand-new 15-year absolute NNN lease with zero landlord responsibilities.

PNC Bank corporate guarantee with investment-grade BBB- credit rating.

Annual base rent of $80,000 ($26.67 PSF), well below market average.

10% rental increases every five years, including renewal options.

Tenant-funded $2.7M investment and relocation of $112M in deposits.

Drive-thru equipped, new construction slated for August 2026 delivery.

Cap Rate:

4.75 %

Amenities

• Corner Lot
• Pylon Sign
• Signage
• Drive Thru

Public Transportation

Commuter Rail	Drive	Walk	Distance
	1 min	3 min	0.2 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	12
Type:	Surface
Included in Rent:	Yes