1709 Walnut Street, Murphysboro, IL 62966
Bank branch property on a high-traffic corridor supporting dependable customer access.
- Added:
- Jun 22, 2026
- Days on Market:
- 6
- Last Refresh:
- Jun 25 at 8:23 pm
Property Features for 1709 Walnut Street
General Information
- Standard status
- Active
- Size
- 4,500 SF
- Property subtype
- Retail
Building Details
- Year Built
- 1996
Listing office Cushman & Wakefield - Cincinnati, Ohio
Listing date Jun 22, 2026
Source Crexi
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All listing content including descriptions, pricing, images are the copyrighted material of Cushman & Wakefield - Cincinnati, Ohio
HighLights
- Bank branch property built in 1996
- Located in Murphysboro, Illinois (Jackson County seat)
- Positioned along a well‑trafficked corridor with approximately 13,900 vehicles per day
Overview
The branch is positioned along a well-trafficked corridor in Murphysboro, Illinois, the county seat of Jackson County. Public remarks indicate approximately 13,900 vehicles per day, supporting strong visibility and straightforward customer access for a local financial services presence.
For buyers seeking a single-tenant bank format or a financial services-anchored asset, the site’s established use as a branch location may simplify underwriting and tenant fit. Its positioning on a major commuting corridor is also relevant for customer-oriented operations that benefit from easy drive-by access.
Local Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $83.2k | $18.48 |
| − Vacancy | −$3.5k | −$0.78 |
| EGI | $79.7k | $17.70 |
| − OpEx | −$19.9k | −$4.43 |
| NOI | $59.8k | $13.28 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Murphysboro
- County
- Jackson
- State
- Illinois
- Longitude
- -89.342257
- Latitude
- 37.764263
