US Bank - Net Lease Property for Sale
Mount Prospect, IL
Key Investment Metrics
Price
$2,883,000
Cap Rate
6.0%
Net Operating Income
$173,030
Building Size
2695 SF
Lot Size
2,695 SF
Lease Type
NNN
Year Built
N/A
Tenancy
Single
About This US Bank Net Lease Property
This US Bank NNN (triple net lease) property is located in Mount Prospect, IL and represents an excellent investment opportunity for commercial real estate investors. The property features 2695 square feet of building space.
With a cap rate of 6.0%, this US Bank net lease property offers stable income potential. The asking price is $2,883,000, making it an attractive option for 1031 exchange investors seeking quality US Bank commercial properties.
Why Invest in US Bank NNN Properties?
- Stable Income: US Bank net lease properties provide predictable cash flow with minimal landlord responsibilities.
- Strong Tenant: US Bank is a nationally recognized brand with proven operational success.
- 1031 Exchange Eligible: This property qualifies for 1031 tax-deferred exchanges, allowing investors to defer capital gains taxes.
- Triple Net Lease: The tenant is responsible for property taxes, insurance, and maintenance, reducing landlord obligations.
Mount Prospect, IL Market Overview
Located in Mount Prospect, IL, this US Bank property benefits from strong local demographics and market fundamentals. The Mount Prospect area offers excellent visibility and accessibility, making it an ideal location for US Bank operations and a solid investment for net lease property buyers.