Bank of America - Chicago, IL
250 West 83rd Street, Chicago, IL, 60620, US
CN¥24,405,000 | 372 m²
ADDRESS
700 - 790 W. EUCLID AVE, PALATINE, IL 60067
PROPERTY SIZE
127,973 SF / 14.0 ACRES
# OF TAX PARCELS
2
PARKING SPACES / RATIO
440 | 3.4
VACANT SUITES
14
SUB-1,500 SF VACANCIES
6
1,500 SF - 7,500 SF VACANCIES
7
30,000+ SF VACANCIES
1
YEAR 1 NOI
$449,678
STABILIZED NOI
$1,730,231
5-YEAR NOI GROWTH
295%
5-YEAR NOI CAGR
31.6%
MULTIPLE VALUE CREATION OPPORTUNITES
48% OCCUPIED
OPPORTUNITY TO LEASE ANCHOR VACANCY TO GROCER
POTENTIAL TO BIFURCATE
STRONG LEASING MOMENTUM I 3 NEW LEASES ACROSS 26,632 SF
DOLLAR TREE (BAA2) OPENED IN 2023 AND REPRESENTS 8% OF INCOME
NEW TRUE VALUE LEASE WITH CORPORATE BACKING
STRONG TENANT LINEUP WITH LARGELY NATIONAL TENANCY
89% OF OCCUPIED GLA AND 86% OF INCOME DERIVED FROM NATIONAL BRANDS
CURRENT OWNERSHIP’S COMMITMENT TO THE ASSET
RECENT IMPROVEMENTS TO THE CENTER INCLUDE BUT ARE NOT LIMITED TO REMODELING SUITES, REPLACEMENT OF HVAC SYSTEMS, TUCKPOINTING, AND MASONRY WORK