Log In/Sign Up
Your email has been sent.
Charter Communications 5111 Lake Ter NE 16,800 SF Industrial Building Mount Vernon, IL 62864 $1,086,000 ($64.64/SF) 8.25% Cap Rate
INVESTMENT HIGHLIGHTS
- Corporate Signed Lease | Options To Extend | Scheduled Rental Increases
- Strong Retail Corridor | High Traffic Counts (45,800 VPD)
- NN Lease | Fee Simple Ownership | Minimal Landlord Responsibilities
- Strong Demographics In 5-Mile Trade Area
EXECUTIVE SUMMARY
• Charter Communication Inc. Corporate signed lease
• The tenant recently executed a lease extension, which includes two additional five-year option periods to extend
• Charter Communication Inc. has occupied the property for over 15 years and recently executed a lease extension, demonstrating their long-term commitment and reliability
• Located two miles from the I-64 and I-57 interchange, which sees approximately 45,800 vehicles daily, providing increased exposure to the site
• Strong tenant synergy promotes crossover shopping to the subject property
• $73,470 average household income
• The tenant recently executed a lease extension, which includes two additional five-year option periods to extend
• Charter Communication Inc. has occupied the property for over 15 years and recently executed a lease extension, demonstrating their long-term commitment and reliability
• Located two miles from the I-64 and I-57 interchange, which sees approximately 45,800 vehicles daily, providing increased exposure to the site
• Strong tenant synergy promotes crossover shopping to the subject property
• $73,470 average household income
PROPERTY FACTS
1 1
PROPERTY TAXES
| Parcel Number | 06-27-276-013 | Improvements Assessment | $206,000 |
| Land Assessment | $14,296 | Total Assessment | $220,296 |
PROPERTY TAXES
Parcel Number
06-27-276-013
Land Assessment
$14,296
Improvements Assessment
$206,000
Total Assessment
$220,296
1 of 9
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1 of 1
Presented by
Charter Communications | 5111 Lake Ter NE
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.