Fifth Third Bank 2660 Us Highway 34 4,266 SF Retail Building Oswego, IL 60543 $4,230,088 ($991.58/SF) 5.65% Cap Rate

This premier net lease investment opportunity features a single-tenant Fifth Third Bank property strategically positioned along US Highway 34 in Oswego, Illinois, within the dynamic Chicago MSA. Fifth Third Bank, an investment-grade tenant with an A- rating from Standard & Poor’s, has demonstrated long-term commitment to this location since 2008 and recently executed a new 10-year lease extension through 2035. The lease structure is a true NNN ground lease, eliminating landlord responsibilities and ensuring a passive income stream with 10% rental escalations every five years.
The property benefits from exceptional visibility along a high-traffic corridor with 29,500 vehicles per day and is surrounded by major national retailers including Target, Walmart, Meijer, Kohl’s, The Home Depot, Best Buy, and DICK’S Sporting Goods. Additional co-tenancy includes popular dining and service brands such as Starbucks, Chick-fil-A, Chipotle, and Portillo’s, creating a vibrant retail environment that drives consistent consumer activity.
Located minutes from Oswego High School and Oswego East High School, the site serves a growing suburban community with over 197,000 residents within a five-mile radius and an average household income exceeding $129,000. Oswego’s position within the Illinois Technology and Research Corridor further enhances its economic stability and growth potential. This offering represents a rare chance to acquire a secure, long-term income asset in a thriving market, backed by a nationally recognized financial institution with a robust operating history.