Enter the "Deal room" for exclusive documents related to this property.
|Current / Passing Rent||
|Remaining Term||4 years, 3 months|
|Tenant||US Bank National Association|
JLL is pleased to offer for sale the fee-simple interest in a single-tenant retail bank branch (the “Property” or “Asset”) leased on an absolute net basis to U.S. Bank National Association (the “Tenant”) d/b/a U.S. Bank. The Asset serves a highly dependent consumer base located along the Ohio River, with the Asset serving the regional community for nearly 50 years. The investment presents an opportunity to acquire an investment-grade credit rental stream at a very appealing nominal price, located within a marketplace significantly relying on the Tenant’s services.
- Accessible price point for investment-grade credit rental income
- Longstanding US Bank location and only retail bank within a 7-mile radius
- Located along the Ohio River directly benefiting from $131M bridge project underway
- Positioned within a high-growth & energy-oriented economic region
- Rare five percent annual escalations within an absolute NNN lease