Wednesday, December 17, 2014

Just Listed | US Bank Ground Lease | Rare 2.5% Annual Rent Increases | Cincinnati MSA


Investment Highlights:

Price: $1,072,800 - CAP: 6.75%




• PROPERTY HIGHLIGHTS

– Extremely rare 2.5% annual rent increases

– Corporate guaranty; $75B market cap

– S&P AA- investment grade credit

– Long term tenant - over 20 years

– Considerable upside with no options to renew






• LOCATION HIGHLIGHTS

– Pad to newly renovated Ft. Wright Plaza (Christ Hospital Anchor w/ long term lease) 

– Just off I-75/I-71 with 144,000 VPD

– $75,000+ average household income within 1-mile radius


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