Highlights

• Annual Rent $107,220
• Percentage Rent 8% of sales over 965K break
• C.P.I. increases 16th year

• Price per sq ft $404.06
• Lease type Absolute NNN
• Lease expires July 11, 2023 options thru 2033

Description

This is a great investment opportunity. Real estate and long term lease (2023 with options beyond). National tenant with long time experience with Corporate Pizza Hut. Strong average sales, triple net lease.

Community
The Vincennes community can best be summed up as "Small Town Living with Big City Flair". Vincennes offers many of the amenities found in larger cities but is coupled with the same type of citizen interaction and environment that is found in small towns across the Midwest.

History
One common mainstay about Vincennes is its history. As the first city founded in Indiana, originally a French fur trading outpost, Vincennes served as the home of the United States ninth president William Henry Harrison during his governorship of Indiana.

Many of the early city buildings display direct influences of French architecture, while many buildings and homes in the Old Town section of Vincennes are dated pre-1900.

The City of Vincennes is also one of only 3 communities in the entire state of Indiana with a National Park within our City limits. The George Rogers Clark National Historic Park & Monument is located in the southwestern corner of the City.