US Bank

11901 West 143rd St. Orland Park, IL 60467

  • 4,200 Square Feet
  • Retail
  • For Sale

Summary Description

We are pleased to offer to qualified investors an opportunity to invest in single tenant investment that is 100% leased to US Bank on a corporate lease. This is a fee simple (ownership of land and building) lease that includes approximately 5 years remaining on an original 10 year lease. There are 4 - 5 Year option periods.

The lease includes attractive 5% annual rental escalations, providing an investor with excellent inflation protection and rapid growth in NOI. Moreover, this particular bank brand boasts strong banking deposits (approximately $52 Million), representing an excellent performing bank for the region. The property is comprised of 4,200 square feet and is situated on a 1.5 acre lot. US Bank (NYSE: USB) is a public banking institution with over $420 Billion in net assets, over $45 Billion in Net Worth, and an investment grade rating of “A+” by Standard and Poors. There are more than 3,100 US banking locations and is headquartered in Minneapolis, MN; it has operated for over 150 years and is one of the strongest banking institutions in the world. It is the fifth largest bank in the US. This is a rare opportunity to buy a high performing bank branch on a large lot with excellent fundamentals backed by the firth largest banking institution in the United States (Rated “A+ by S*P), rare 5.00% annual rental escalations, and minimal landlord obligations.

Property Status: High Income Demographics - Over $120,000 in AHHI

Price: $2,990,000.00

Building Size: 4200 Square Feet

Area Available: 4,200 Square Feet

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