480 W Liberty St - Bank FOR SALE
Wauconda, IL 60084 |
480 W Liberty St
Wauconda, IL 60084
HIGHLIGHTS
- Brand New 15 Yr. Absolute NNN Ground Lease by Fifth Third Bank (NASDAQ: FITB)- $21B+ Cap
- Relocation Branch with Drivethru just off Hwy 12- Proven Local Branch with over $93M in Deposits
- Affluent Suburb with Strong Demo’s ($141,952 HHI) – Across from Liberty Square Shopping Center
- 2023 Prototype Branch with Drivethru- 10% Rent Bumps every 5 Yrs.- Zero LL Duties- Recently Opened!
- Bank is One of the Largest Money Managers in the Midwest ($549B in Assets)- S&P Rated A-/Baa1
FOR SALE DETAILS
PRICE
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CAP RATE
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% LEASED
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TENANCY
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BUILDING DETAILS
PROPERTY NAME
Fifth Third Bank - Absolute NNN Ground Lease
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Bank
TOTAL BUILDING SIZE
2400
STORIES
1
YEAR BUILT
2022
SPRINKLERS
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PARKING SPACES
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LAND DETAILS
LAND ACRES
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LAND SF
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ZONING
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APN/PARCEL ID
09-26-400-038,09-26-400-039
