2005 W US Highway 34 - Bank FOR SALE
Plano, IL 60545 |
$2,320,475 USD
214-295-8749
2005 W US Highway 34
Plano, IL 60545
HIGHLIGHTS
- The tenant just recently exercised a 5-year option with zero landlord concessions, demonstrating this to be a strong location.
- BMO Harris Bank has ±60% of the total deposit market share in the Plano, IL region.
- Absolute NNN Lease with zero landlord responsibilities.
- The lease features 1.5% annual increases and seven, 5-year option periods.
- Deposits have increased over 30% since 2018, proving this to be a strong location in a growing market.
- Ideally positioned along Walter Payton Memorial Highway, this property is surrounded by several national retailers including Walmart, Aldi, Arby’s
FOR SALE DETAILS
PRICE
$2,320,475 USD
PRICE/SF
$232 USD /SF
CAP RATE
7.61%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
BMO Harris Bank
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Bank
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
1992
SPRINKLERS
-
PARKING SPACES
62
LAND DETAILS
LAND ACRES
2.67 AC
LAND SF
116,305 SF
ZONING
B-2
APN/PARCEL ID
01-28-201-003,01-28-201-005
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214-295-8749
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214-295-8749
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