US Bank & Verizon
1223 E. Oakton Street
US Bank & Verizon Image
SOLD
US Bank & Verizon
1223 E. Oakton Street
Des Plaines, IL 60018
  • Sale Price: $4,100,000
  • Cap Rate: Call for details
  • Lease Type:NN
  • Status:Sold
TRANSACTION DETAILS:

Early US Bank lease renewal with 11+ years remaining and 3% annual increases • New Verizon Wireless lease with corporate guaranty by largest Verizon dealer in U.S. with 600+ locations • Signalized hard corner intersection with exposure to over 53,500 VPD with visible pylon signage • World’s busiest airport, O'Hare International Airport, is just 1.5 miles away