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Bank

U S Bank Ground Lease

1050 Camp Jackson Rd, Cahokia, IL 62206

Listing Price: $493,500

Cap Rate
8.00%
Tenant Name
US Bank
Years Remaining On Lease
4.2
Gross SF
3,000
Guarantor
Corporate Guarantee
Rentable SF
3,000
Price/Gross SF
$164.50
Lease Type
NNN Ground Lease
Rent Per Square Feet
$13.16

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

    (630) 570-2200

    License(s) IL: 471.011175

    Illinois

Bank

U S Bank Ground Lease

Listing Price: $493,500

Cap Rate
8.00%
Tenant Name
US Bank
Years Remaining On Lease
4.2
Gross SF
3,000
Guarantor
Corporate Guarantee
Rentable SF
3,000
Price/Gross SF
$164.50
Lease Type
NNN Ground Lease
Rent Per Square Feet
$13.16

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

    (630) 570-2200

    License(s): IL: 471.011175

    Illinois

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