Bank
Bank of America | Corp Guarantee (NYSE: BAC) | 25+ Year Operating History | 410k+ People in 5-Miles
1651 E 95th St, Chicago, IL 60617
Listing Price: $5,449,000
Cap Rate
7.75%
Tenant Name
Bank of America, NA
Years Remaining On Lease
4.6
Guarantor
Corporate Guarantee
Rentable SF
5,746
Lease Type
Ground Lease
Rent Per Square Feet
$73.51
Investment Overview
Marcus & Millichap is pleased to present a Bank of America located in Chicago, Illinois.
Investment Highlights
- Investment Grade Credit – Corporate Guarantee
- 25-Plus Year Operating History with Recent Five-Year Extension
- Absolute NNN Ground Lease with Attractive Rental Increases
- Strong Deposit Counts & Five, Drive-Thru Lanes
- Jewel-Osco, Grocery Anchored Outparcel
- Dense Retail Corridor with Strong Traffic Counts
- Major Nearby Developments Supporting Growth
Exclusively Listed By
Financing By
Bank
Bank of America | Corp Guarantee (NYSE: BAC) | 25+ Year Operating History | 410k+ People in 5-Miles
Listing Price: $5,449,000
Cap Rate
7.75%
Tenant Name
Bank of America, NA
Years Remaining On Lease
4.6
Guarantor
Corporate Guarantee
Rentable SF
5,746
Lease Type
Ground Lease
Rent Per Square Feet
$73.51
Investment Highlights
- Investment Grade Credit – Corporate Guarantee
- 25-Plus Year Operating History with Recent Five-Year Extension
- Absolute NNN Ground Lease with Attractive Rental Increases
- Strong Deposit Counts & Five, Drive-Thru Lanes
- Jewel-Osco, Grocery Anchored Outparcel
- Dense Retail Corridor with Strong Traffic Counts
- Major Nearby Developments Supporting Growth
Investment Overview
Marcus & Millichap is pleased to present a Bank of America located in Chicago, Illinois.
Exclusively Listed By
Financing By