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Fifth Third Bank
Oswego, IL 60543
Fifth Third Bank · Retail Property For Sale

PROPERTY FACTS

Property Type
Retail
Property Subtype
Bank
Building Size
4,266 SF
Building Class
C
Year Built
2008
Tenancy
Single
Building Height
1 Story
Building FAR
0.08
Lot Size
1.26 AC

ABOUT FIFTH THIRD BANK , OSWEGO, IL 60543

Fifth Third Bank - We are pleased to offer to qualified investors an opportunity to purchase a single tenant asset that is 100% leased to Fifth Third Bank (corporate) on an original 20 year lease with 10 years remaining. The subject property is positioned in the main retail trade hub of Oswego, IL as an outparcel to Prairie Market which contains major anchor tenants such as Kohl’s, Walmart Supercenter, Hobby Lobby, Dick’s Sporting Goods, and is shadow anchored by Meijer, Target, Home Depot, and more. With 10 years remaining and 10% rental increases every 5 years including options (4-5 year options); this is a excellent opportunity to acquire an investment grade credit tenant - rated “BBB” by S&P’s - on a long term NNN lease (tenant maintains its own premises) with strong supporting real estate fundamentals.

PROPERTY TAXES

  • Listing ID: 14241569

  • Date on Market: 10/31/2018

  • Last Updated:

  • Address: Fifth Third Bank, Oswego, IL 60543