Investment Grade Credit – Corporate Guarantee
– Leased to Bank of America (NYSE: BAC), one of the world’s largest financial institutions with investment-grade credit (S&P ‘A-’ Rating)
– With $113B+ Revenue in 2025, Bank of America ranked #17 on the 2025 Fortune 500 Index
25+ Year Operating History with Recent 5-Year Extension
– Established branch location with over 25 years of operating history
– Tenant recently exercised a 5-year lease extension, reaffirming long-term commitment to the site
Absolute NNN Ground Lease with Attractive Rental Increases
– Absolute NNN ground lease with zero landlord responsibilities whatsoever
– 15.00% rental increases every five years in base term and throughout options
Strong Deposit Counts & Five, Drive-Thru Lanes
– Strong branch customer deposits reported at $121 million as of June 2025 (FDIC)
– High-functioning branch featuring five, drive-thru lanes, a key differentiator supporting convenience and volume
Jewel-Osco, Grocery Anchored Outparcel
– Strategically positioned as an outparcel to Jewel-Osco, a dominant regional grocer
– Grocery-anchored locations historically drive consistent traffic and enhance tenant performance
Dense Retail Corridor with Strong Traffic Counts
– Located along E. 95th Street and near S. Stony Island Avenue, with traffic counts exceeding 52,000 vehicles per day
– Surrounded by national retailers including McDonald’s, Dollar Tree, Aldi, T-Mobile, and Family Dollar, reinforcing long-term retail demand
Major Nearby Developments Supporting Growth (see page 8)
– Located near the South Works plant redevelopment site, a multi-billion-dollar quantum computing campus anchored by The Illinois Quantum and Microelectronics Park
– Also proximate to the $250 million expansion of the Chicago State University campus