
Walgreens - Morton Grove, IL
5730 Dempster Street, Morton Grove, IL, 60053, US
1,342 平方米
Jones Lang LaSalle Americas, Inc. (“JLL”) is pleased to offer the opportunity to acquire the new construction, single-tenant U.S. Bank at 1297 E. Higgins Road in Schaumburg, IL (“Property”, “Asset”, or “US Bank”). The Property is operating on an absolute NNN ground lease with ±9.3 years of primary lease term remaining, 7.5% rent escalations every five years,and three, five-year renewal options. U.S. Bank National Association (S&P A+; stable), the primary operating subsidiary of U.S. Bancorp (NYSE: USB, S&P A; stable), is ranked the 6th largest bank in the U.S by total assets (2025). In FY 2025, U.S. Bankcorp generated approximately $28.7 billion in annual revenue and closed the year at over $692 billion in total assets. The Bank currently maintains a market capitalization of $97.4 billion.
This unique opportunity allows investors to acquire a newly constructed asset featuring long-term investment-grade tenancy and replaceable ground rent at an irreplaceable hard-corner intersection within the Woodfield Shopping District, one of the Midwest’s highest-performing retail corridors.


