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1050 Camp Jackson Rd
East Saint Louis, IL 62206
US Bank Ground Lease · Retail Property For Sale
Investment Highlights
- Investment-Grade Tenant Backed by U.S. Bancorp (NYSE: USB), One of the Largest Banking Institutions in the U.S.
- 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-IN MSA
- Absolute NNN Ground Lease – Passive Ownership with No Landlord Responsibilities and No Building Maintenance Obligations
Executive Summary
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 NNN Ground Lease – Passive Ownership with No Landlord Responsibilities and No Building Maintenance Obligations | 4.41 Years Remaining on a Corporately Guaranteed Lease with Three, 3-Year Options Remaining
Established Banking Location – Tenant Has Been Operating at This Site Since 1987
Strategic Location Along Camp Jackson Rd (14,400 VPD), One of Cahokia’s Primary Commercial Corridors | Less than Two Miles to the Camp Jackson Rd & I-255 Interchange (52,500 VPD)
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
Absolute NNN Ground Lease – Passive Ownership with No Landlord Responsibilities and No Building Maintenance Obligations | 4.41 Years Remaining on a Corporately Guaranteed Lease with Three, 3-Year Options Remaining
Established Banking Location – Tenant Has Been Operating at This Site Since 1987
Strategic Location Along Camp Jackson Rd (14,400 VPD), One of Cahokia’s Primary Commercial Corridors | Less than Two Miles to the Camp Jackson Rd & I-255 Interchange (52,500 VPD)
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
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Bank
Building Size
3,000 SF
Building Class
C
Year Built
1986
Price
$718,151 CAD
Price Per SF
$239.38 CAD
Cap Rate
7.81%
NOI
$56,088 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.09
Lot Size
0.77 AC
Zoning
Commercial
Frontage
195’ on Camp Jackson Rd
Amenities
- Drive Thru
Property Taxes
| Parcel Number | 06-02.0-301-023 | Improvements Assessment | $159,702 CAD |
| Land Assessment | $36,869 CAD | Total Assessment | $196,571 CAD |
Property Taxes
Parcel Number
06-02.0-301-023
Land Assessment
$36,869 CAD
Improvements Assessment
$159,702 CAD
Total Assessment
$196,571 CAD
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