INVESTMENT OFFERING
SAB Capital is pleased to present Bank of America in Bolingbrook, IL, about 25 miles southwest of Chicago. The property is a true triple net (NNN) ground lease with approximately one year remaining on the lease. It’s located at a signalized intersection that sees over 26,000 vehicles per day. The surrounding 1 mile trade area is concentrated with over 2.6 million square feet of retail space.
- Bank of America in Bolingbrook, IL | 25 Miles from Downtown Chicago
- Existing Income | Tenant Paying Rent Through July 2023
- Oversized 2+ Acre Parcel | Multiple Redevelopment Opportunities
- Corner Location | Clow International Pkwy. & Weber Rd. Sees Over 26,000 Vehicles Per Day
- Adjacent to ‘Springs at Lily Cache Creek’ Multifamily Development | 320-Unit Rental Apartments With Deliveries Starting Summer 2022
- Highly Accessible Property | 3 Points of Ingress/Egress
- Dense Retail Trade Area | Over 2.6 Million Square Feet of Retail in a 1 Mile Radius
- Strong Surrounding of National Tenants | Nearby Retailers Include Lowe’s, Home Depot, Meijer, and Best Buy
Tenant | Price | Cap Rate | Lease Type | Square Feet | Status |
---|---|---|---|---|---|
Bank of America | $3,300,000 | % | Ground Lease | 4,200 | Available |