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OFFERING SUMMARY

  • Location: Chicago, IL
  • Address: 1651 E. 95th St. Chicago, IL 60617
  • Price: $5,449,000
  • Cap Rate: 7.75%
  • Building SF: 5,746 Sq Ft
  • Net Operating Income: $422,385
  • Year Built: 2000
  • Lot Size: +/- 0.97 Acres

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Marketing Package

EXCLUSIVELY LISTED BY:

INVESTMENT HIGHLIGHTS:

  • 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