9009 Ogden Ave - Bank FOR SALE
Brookfield, IL 60513 |
$8,000,000 USD
407-341-0805
9009 Ogden Ave
Brookfield, IL 60513
HIGHLIGHTS
- Fully Leased CitiBank Building for Sale with a 5.7% cap rate - current year; grows to 6.7%
- Long-term tenant since 1991 - just renewed with an unusually long lease term: 10 years - from 2025 through 2034!
- 2% annual increase on rent and (2) 5 year renewal options - starting in 2035
- Strong guarantee - leased to a national credit tenant - 3rd largest bank holding company in US with $2+ trillion in assets; Moody's - Aa3 - stable
- Double corner location with separate drive-thru parcel (see aerial) and excellent parking; landmark building designed by student of Frank Lloyd Wright
- Within walking distance of Metra Brookfield and Congress Park stations
FOR SALE DETAILS
PRICE
$8,000,000 USD
PRICE/SF
$443 USD /SF
CAP RATE
5.7%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Fully Leased CitiBank Building for Sale
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Bank
TOTAL BUILDING SIZE
-
STORIES
2
YEAR BUILT
1964
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
1.15 AC
LAND SF
50,094 SF
ZONING
-
APN/PARCEL ID
18-03-217-062-0000
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407-341-0805
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407-341-0805
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