INVESTMENT OPPORTUNITY
SAB Capital is pleased to present US Bank in Cicero, IL, located 6 miles west of the Chicago Loop. The lease features an absolute triple net (NNN) structure with zero landlord responsibilities. US Bank is a leading financial institution in the U.S. boasting over 3,000 bank branches and a A+ credit rating from Standard & Poors. The property is located in a dense urban area, within the Chicagoland market, containing over 320,000 residents within 3 miles.
- US Bank in Cicero, IL | Chicagoland Location
- Zero Landlord Responsibilities | Absolute Triple Net (NNN) Lease Structure
- High Credit, Experienced Operator | US Bank (S&P: A+) is the 7th Largest Bank in the U.S
- Strong Urban Location | Over 323,000 Residents in 3 Mile Radius
- Proven Long Term Location | US Bank Has Operated Here Since 2005
- Strong Hedge Against Inflation | 10% Rent Escalation in Option Period
- Close Proximity to Interstate Highway | Under 1.5 Miles From I-290
- Tenant Recently Resurfaced Parking Lot & Added Extra Drive-Thru Lane Showing Commitment to Site
- National Retailers Located Nearby | Chipotle, Aldi, Walgreens, and Many More
| Tenant | Price | Cap Rate | Lease Type | Square Feet | Status |
|---|---|---|---|---|---|
| U.S. Bank | $3,000,000 | 8.33% | Absolute NNN | 3,055 | Available |
