Absolute Net US Bank Building

Property Highlights

• Investment-Grade Credit Tenant: U.S. Bank (NYSE: USB) is one of the largest and strongest financial institutions in the U.S., offering investors stable, long-term income backed by a nationally recognized brand. True Triple-Net (NNN) Lease Structure: Tenant is responsible for taxes, insurance, and maintenance, providing passive ownership with zero landlord responsibilities. Long-Term Lease (since 1973) with Built-In Stability: Lease features 3 years remaining with 2 -5 year options at 2% increases, ensuring predictable cash flow and downside protection. Essential, Recession-Resistant Use: Banking locations remain a critical retail and service use, benefiting from consistent customer traffic and long-term demand. Strong Real Estate Fundamentals:Property features excellent visibility, access, and signage along a high-traffic corridor, enhancing long-term viability for the tenant with current below market rents. Attractive Cap Rate Relative to Credit: Offers an opportunity to acquire investment-grade credit at a compelling yield, appealing to both private and institutional buyers. Ideal 1031 Exchange & Passive Investor Asset: Well-suited for 1031 exchange buyers, family offices, and investors seeking bond-like income with real estate tax advantages.

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