Office
Under Contract

Bannockburn Corporate Center

3000 Lakeside Dr, Bannockburn, IL, 60015-1219, US

Bannockburn Corporate Center_Property for Sale

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Bannockburn Corporate Center 2_Property for Sale

Asset Description

JONES LANG LASALLE AMERICAS, INC. ("JLL"), as exclusive advisor, is pleased to present the opportunity to acquire Bannockburn Corporate Center (the 'Property" or "3000 LAKESIDE"), a 210,533 rentable square foot (RSF) office asset located within Chicago's renowned North Shore. Constructed in 2001, Bannockburn Corporate Center benefits tremendously from comparatively low Lake County taxes and is one of the few post-2000 construction buildings in the North market with a campus-like setting and pristine landscape grounds. Currently 91.5% leased, the Property boasts a dynamic rent roll anchored by two headquarters - Option Care and Donlen. The Property's irreplaceable North Shore location and complete amenity set provide investors the opportunity to acquire a fully stabilized Class A office building featuring a rent roll comprised of household names, publicly traded companies and nearly 6 years of WALT.

Attributes

Building area Net
19,559 m²
Year built
2001

Investment Highlights

  • Long Term Cash Flow from Headquarters Tenancy
  • Best-In-Class Amenity Set Drives Leasing Success
  • A Critical North Shore Differentiator: Heated Parking
  • Irreplaceable Location at the Heart of Chicago's Prestigious North Shore
  • Prime Visibility and Access Adjacent to Best-of-the-Best Area Amenities
  • Lake County Tax Advantage
  • Incredible Basis at a Substantial Discount to Replacement Costs
Bannockburn Corporate Center 4_Property for Sale
Bannockburn Corporate Center 4_Property for Sale

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Last updated
30 Nov 2022