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Pnc Bank
Orland Park, IL 60462
Trophy PAD- Ground Lease- Investment Grade · Retail Property For Sale

PROPERTY FACTS

Property Type
Retail
Property Subtype
Bank
Building Size
3,875 SF
Building Class
C
Year Built
2002
Tenancy
Single
Building Height
1 Story
Building FAR
0.07
Lot Size
1.27 AC
Parking
23 Spaces (5.93 Spaces per 1,000 SF Leased)
Frontage
71’ on S La Grange Rd

AMENITIES

  • Drive Thru

ABOUT PNC BANK , ORLAND PARK, IL 60462

DOMINANT BANK OF GREATER CHICAGO! We are pleased to offer a single tenant absolute NNN - Ground Lease investment that is 100% leased to PNC Bank, N.A. on a corporate lease. This lease includes over 8 years remaining on an original 20-year lease. There are 5 - 10 year option periods with 10% bumps every 5 years. The property is comprised of approximately 3,875 square feet with four drive-thru banking lanes and is situated on a 1.28 acre lot. The property is located in a major retail hub surrounded by strong national tenants. This location is an out-parcel to Orland Park Place with tenants such as Ross Dress for Less, Bed Bath & Beyond, Marshalls, Old Navy and Dick' s Sporting Goods. Other national tenants in the area include, Whole Foods, Staples, Lowe' s, Target, Best Buy, Babies R' Us, Michael' s, Chick Fil A, TGI Friday' s and many more. The average household income for the 3-Mile radius is $106,191 and a population of 166,857 within a 5-mile radius.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
27-15-100-049-0000
Land Assessment
$173,116
Improvements Assessment
$73,802
Total Assessment
$246,918
  • Listing ID: 12328090

  • Date on Market: 4/20/2018

  • Last Updated:

  • Address: Pnc Bank, Orland Park, IL 60462

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