Mt Vernon, IL - Charter Communications
$1,120,000
5111 Lake Terrace NE, Mount Vernon, IL 62864
8
Cap Rate
89,615
NOI
Details:
Description:
• 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
• The property is located in a strong retail corridor with national/credit tenants such as Lowe’s Home Improvement, Walmart Supercenter, Kroger, Marshalls, Kohl’s, ALDI, Tractor Supply Co., and more
• Located two miles from the I-64 and I-57 interchange, which sees approximately 45,800 vehicles daily, providing increased exposure to the site
Location

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