Bank
U S Bank Ground Lease
1050 Camp Jackson Rd, Cahokia, IL 62206
Listing Price: $493,500
Investment Overview
Investment-Grade Tenant Backed by U.S. Bancorp (NYSE: USB), One of the Largest Banking Institutions in the U.S. with Approximately $692 Billion in Assets | Recession-Resistant Banking Tenant with a Long Operating History and Strong Market Presence Throughout the Midwest
Absolute Triple-NetGround Lease – Passive Ownership with No Landlord Responsibilities and No Building Maintenance Obligations | 4.41 Years Remaining on a Corporately Guaranteed Lease with Three, Three-Year Options Remaining
Established Banking Location – Tenant Has Been Operating at This Site Since 1987
Strategic Location Along Camp Jackson Rd (14,400 Vehicles Per Day), One of Cahokia’s Primary Commercial Corridors | Less than Two Miles to the Camp Jackson Rd & I-255 Interchange (52,500 Vehicles Per Day)
Surrounded by National Retailers: McDonald’s, Walgreen’s, Valvoline Instant Oil Change, Boos Mobile, ALDI, Domino’s, Citi Trends, Aaron’s Rent To Own, Dollar Tree, MotoMart, and More
Located Minutes from Downtown St. Louis, I-255, I-55, I-64, and Major Employment Centers Throughout the Metro East Region | Part of the St. Louis, MO-IL MSA with 2.8 Million Residents
Investment Highlights
- Absolute Triple-Net Ground Lease – Passive Ownership with No Landlord Responsibilities and No Building Maintenance Obligations | 4.41 Years Remaining on a Corporately Guaranteed Lease
- Investment-Grade Tenant Backed by U.S. Bancorp (NYSE: USB), One of the Largest Banking Institutions in the U.S. with Approximately $692 Billion in Assets
- Located Minutes from Downtown St. Louis, I-255, I-55, I-64, and Major Employment Centers Throughout the Metro East Region | Part of the St. Louis, MO-IL MSA with 2.8 Million Residents
Exclusively Listed By
Broker of Record
-
Steven Weinstock
Senior Managing Director, Market Leader - Chicago
Listing Price: $493,500
Investment Highlights
- Absolute Triple-Net Ground Lease – Passive Ownership with No Landlord Responsibilities and No Building Maintenance Obligations | 4.41 Years Remaining on a Corporately Guaranteed Lease
- Investment-Grade Tenant Backed by U.S. Bancorp (NYSE: USB), One of the Largest Banking Institutions in the U.S. with Approximately $692 Billion in Assets
- Located Minutes from Downtown St. Louis, I-255, I-55, I-64, and Major Employment Centers Throughout the Metro East Region | Part of the St. Louis, MO-IL MSA with 2.8 Million Residents
Investment Overview
Investment-Grade Tenant Backed by U.S. Bancorp (NYSE: USB), One of the Largest Banking Institutions in the U.S. with Approximately $692 Billion in Assets | Recession-Resistant Banking Tenant with a Long Operating History and Strong Market Presence Throughout the Midwest Absolute Triple-NetGround Lease – Passive Ownership with No Landlord Responsibilities and No Building Maintenance Obligations | 4.41 Years Remaining on a Corporately Guaranteed Lease with Three, Three-Year Options Remaining Established Banking Location – Tenant Has Been Operating at This Site Since 1987 Strategic Location Along Camp Jackson Rd (14,400 Vehicles Per Day), One of Cahokia’s Primary Commercial Corridors | Less than Two Miles to the Camp Jackson Rd & I-255 Interchange (52,500 Vehicles Per Day) Surrounded by National Retailers: McDonald’s, Walgreen’s, Valvoline Instant Oil Change, Boos Mobile, ALDI, Domino’s, Citi Trends, Aaron’s Rent To Own, Dollar Tree, MotoMart, and More Located Minutes from Downtown St. Louis, I-255, I-55, I-64, and Major Employment Centers Throughout the Metro East Region | Part of the St. Louis, MO-IL MSA with 2.8 Million Residents
Exclusively Listed By
Broker of Record
-
Steven Weinstock
Senior Managing Director, Market Leader - Chicago