Bank
US Bank
14444 Pearl Rd, Strongsville, OH 44136
Listing Price: $1,811,364
Cap Rate
5.50%
Tenant Name
US Bank
Years Remaining On Lease
10.7
Guarantor
Corporate Guarantee
Rentable SF
6,982
Lease Type
Absolute Net
Rent Per Square Feet
$14.27
Investment Overview
Attractive Income Stream: $99,625 annual NOI with predictable escalation and no near-term rollover risk.
US Bank
Investment Highlights
- Corporate Guaranteed Lease: Backed by U.S. Bank, providing long-term security and credit-rated income.
- Absolute Net Structure: Tenant responsible for all expenses; true passive, zero-landlord-responsibility investment.
- Long-Term Stability: Tenant recently executed a 10 year extension of the lease with 10% rent increases every five years and market rent at options.
Listing Price: $1,811,364
Cap Rate
5.50%
Tenant Name
US Bank
Years Remaining On Lease
10.7
Guarantor
Corporate Guarantee
Rentable SF
6,982
Lease Type
Absolute Net
Rent Per Square Feet
$14.27
Investment Highlights
- Corporate Guaranteed Lease: Backed by U.S. Bank, providing long-term security and credit-rated income.
- Absolute Net Structure: Tenant responsible for all expenses; true passive, zero-landlord-responsibility investment.
- Long-Term Stability: Tenant recently executed a 10 year extension of the lease with 10% rent increases every five years and market rent at options.
Investment Overview
Attractive Income Stream: $99,625 annual NOI with predictable escalation and no near-term rollover risk.
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