Fully occupied single use tenant. The lease incorporates 2% annual rent escalations during both the base and option terms, offering investors increased overall cash flows and a substantial safeguard against inflation. .83 acre site with 50 parking space and monument sign. I55 is visible from the site. I55 traffic counts are over 75,000 VPD and 16th Ave is 31,000 VPD. Sanderson Farms is .6 miles from site and has approximately 2,000 employees, headquarters and production, and Masonite Industries is 1.8 miles from site and has approximately 600 employees. South Central Medical Center is on .33 miles away from the site and they are spending $35M on an expansion. There are 7 hotels (400 rooms)all within 1/4 mile of location.
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