US Bank - Mount Prospect, IL_Propriété à vendre
US Bank - Mount Prospect, IL_Propriété à vendre

US Bank - Mount Prospect, IL

940 East Rand Road, Mount Prospect, IL, 60056, US

Descriptif

Jones Lang LaSalle Americas, Inc. ("JLL") is pleased to present for sale the single-tenant U.S. Bank National Association (the “Tenant”) at 940 E Rand Road, Mt. Prospect, IL (the “Property”). The Property is strategically positioned just 20 miles from downtown Chicago within the broader Chicago MSA, which has a population of 9.6 million.


The site benefits from its prime location along E Rand Road and E Central Road, which generates approximately 40,000 vehicles per day. The asset enjoys a strategic out-lot position adjacent to a Walmart Supercenter and the Mt. Prospect Plaza, an Aldi-anchored retail center featuring nationally recognized tenants including Ross, LA Fitness, Marshalls, Burlington, and Five Below. The neighboring Walmart Supercenter and Menards generate approximately 2.0 million and 1.1 million annual visitors, respectively.


Positioned within Mt. Prospect's strong retail, hospitality, and residential corridor, the property benefits from excellent demographics including 310,000 residents with an average household income of $147,000 within a 5-mile radius. This absolute NNN ground lease U.S. Bank investment opportunity offers a secure income stream backed by an investment grade Tenant with over five decades of operational success and continued revenue growth.

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Attributs

Prix demandé
4 622 000 $
Taux de capitalisation
5,25 %
Type de bail
Triple Net Absolu
Durée restante du bail
12.4 années
Superficie du bâtiment nette
250 mètres carrés
Année de construction
1976
Superficie du terrain brute
0,3 ha

Média

Points forts de l'investissement

  1. Located near a highly trafficked Walmart and Menards, which collectively attract over 3.1 million visitors annually.
  2. Features an attractive absolute NNN ground lease structure with 12.4 years of remaining term.
  3. Supported by strong local demographics, with an average household income of $162,000 within a one-mile radius.
  4. Leased to an investment-grade tenant with a strong credit rating (S&P: A).
  5. Benefits from a prime location along E. Rand Road and E. Central Road, with combined traffic counts of approximately 40,000 vehicles per day.
  6. Enjoys a strategic outlot position adjacent to a Walmart Supercenter and Mt. Prospect Plaza, an Aldi-anchored retail center featuring national tenants such as Ross, LA Fitness, Marshalls, Burlington, and Five Below.


US Bank - Mount Prospect, IL 4_Propriété à vendre
US Bank - Mount Prospect, IL 4_Propriété à vendre

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US Bank - Mount Prospect, IL (0 Propriétés)

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Dernière mise à jour
10 nov. 2025