Bank of America
Streamwood, IL 60107
705 S Sutton
Streamwood, IL 60107
  • Asking Price: $3,550,000
  • Cap Rate: 6.82%
  • Lease Type: Ground Lease
  • Status: Available
PROPERTY DETAILS:

Investment Highlights: Absolute NNN Ground Lease - No landlord responsibilities • Signalized Hard Corner Location - Provides expsosure to 81,400 VPD • Strong National Co-Tenancy - Nearby retailers include: Super Target, Marshalls, CVS, Chili’s, Chase Bank, Starbucks, Panera, AutoZone, Wendy’s, Verizon, AT&T, Taco Bell, UPS, and more. • Increasing Deposits – More than $55M deposit base that is trending upwards and has increased by 55% since 2011. • Strategic Market Location – Only Bank of America branch in Streamwood; nearest is 4.5 away • Excellent Demographics – 12,000 people with an average household income of $101,000 within 1 mile and 86,000 people within 3 miles of the site. • Investment Grade Credit – Bank of America has $2.14 trillion in assets and holds investment grade credit of A+ (S&P).