5727 W Touhy Ave
Niles, IL 60714
PNC Bank · Retail Property For Sale

The PNC Bank property is located at the corner of a signalized intersection along West Touhy Ave where it has excellent visibility. Additionally, the property is also ideally positioned just off of Interstate 94. The bank is outparcel to a new LA Fitness location which has submitted building permits to the city and is pending approval. The bank is located in a dominant retail corridor with Costco, Target, Walmart, Jewel-Osco, Menards, AMC and Dick’s Sporting Goods. The property is also located near Niles West High School. High populations near the property with high average household income. There are over 11 years remaining in the primary term of the PNC Bank lease which expires December 31, 2030 and there is a 10% rental escalation on December 31, 2020. PNC Bank has over 2,459 branches and 9,051 ATM machines and is publicly traded on the New York Stock Exchange (PNC). PNC is an investment grade rated company with a Standard & Poor’s rating of A.