Huntington Bank 401 Deerfield Pky 4,680 SF Retail Building Buffalo Grove, IL 60089 $2,812,324 ($600.92/SF) 6.85% Cap Rate

The Boulder Group is pleased to exclusively market for sale a single tenant net leased Huntington Bank property positioned within the Chicago MSA in Buffalo Grove, Illinois. Buffalo Grove was ranked #1 city in the state of Illinois and #15 nationally in U.S. News & World Report’s 250 Best Places to Live. Huntington Bank has exercised multiple renewal options, including most recently in December 2025, illustrating their commitment to this location. Each remaining renewal option contains rental escalations of the greater of 10% or the cumulative CPI, providing an investor with the potential for above market increases. Huntington Bank is an investment grade rated company (S&P: BBB+).
The 4,680 square-foot property is situated on a signalized hard corner along Deerfield Road and Weiland Road, which experience a combined traffic count of over 33,700 vehicles per day. The site is advantageously located in Lake County (not Cook County) within Buffalo Grove. The property is adjacent to a major industrial corridor anchored by Rivian, Siemens, Tesla, Nemera, Kubota, Klein Tools, Sysmex America, and Leider Greenhouses, among others, which drives significant daytime population and traffic to the surrounding area. Additionally, the property is walkable to the Buffalo Grove Metra Station along the North Central Service line, providing direct rail access to downtown Chicago. The property benefits from an affluent and densely populated trade area, with over 207,000 people living within a five-mile radius and an average household income exceeding $204,000 within one mile of the property.
Huntington Bancshares Incorporated is a $285 billion asset regional bank holding company headquartered in Columbus, Ohio. Founded in January 1866 as P. W. Huntington & Company, the firm has grown into one of the largest regional banks in the United States, with its primary subsidiary, The Huntington National Bank, operating more than 1,000 banking offices across the Midwest and beyond, including locations in Ohio, Michigan, Minnesota, Pennsylvania, Indiana, Illinois, Colorado, West Virginia, Wisconsin, Kentucky, and the Carolinas. Huntington and its affiliates provide consumers, small and middle-market businesses, corporations, municipalities, and other organizations with a comprehensive suite of banking, payments, wealth management, and risk management products and services.