| For Sale |
$1,600,000 |
| Gross Land |
55,321 SF |
| Gross Building |
5,400 SF |
| CAP |
7.3% |
| Sale Type |
Investment |
 Offering Memorandum.pdf
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 Brochure
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- Investment-Grade Credit Tenant: U.S. Bank (NYSE: USB) is one of the largest and strongest financial institutions in the U.S., offering investors stable, long-term income backed by a nationally recognized brand.
- True Triple-Net (NNN) Lease Structure: Tenant is responsible for taxes, insurance, and maintenance, providing passive ownership with zero landlord responsibilities.
- Long-Term Lease (since 1973) with Built-In Stability: Lease features 3 years remaining with 2 -5 year options at 2% increases, ensuring predictable cash flow and downside protection.
- Essential, Recession-Resistant Use: Banking locations remain a critical retail and service use, benefiting from consistent customer traffic and long-term demand.
- Strong Real Estate Fundamentals:Property features excellent visibility, access, and signage along a high-traffic corridor, enhancing long-term viability for the tenant with current below market rents.
- Attractive Cap Rate Relative to Credit: Offers an opportunity to acquire investment-grade credit at a compelling yield, appealing to both private and institutional buyers.
- Ideal 1031 Exchange & Passive Investor Asset: Well-suited for 1031 exchange buyers, family offices, and investors seeking bond-like income with real estate tax advantages.
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