US Bank | Orland Park (Chicago), IL

Agent Info

Brandon Hanna

248.702.0290
bhanna@encorereis.com

Deno Bistolarides

248.702.0288
denob@encorereis.com

Evan Lyons

248.702.0298
elyons@encorereis.com

Request More Info

Offering Information

11901 West 143rd St
Orland Park, IL 60467

  • Price: $2,873,100
  • Cap. Rate: 7.50%
  • NOI: $215,487
  • Building Size: 4,200SF
  • Lot Size: 1.5 AC

Investment Highlights

  • NNN Lease | Minimal Landlord Responsibilities – Depreciable Asset
  • Approximately 4 Years Remaining on an Original 10 Year Lease with (4) 5 Year Option Periods
  • Very Attractive 5 Percent Annual Increases – Increasing Returns for an In-vestor
  • Location Reports Strong Deposits of Approximately $51MM
  • Located as an Outparcel Along Heavily Traveled 143rd Street & Will Cook Road
  • US Bank (NYSE: USB) - Over 3,100 Store Locations - 7th Largest Bank in US
  • US Bank is Rated Investment Grade A+ Rated by Standard & Poor’s
  • Excellent Access and Visibility with Plentiful Parking with 6 Drive Thru Lanes
  • Very Strong & Affluent Demographics - Household Incomes Exceed $120,000 Within a 1 Mile Radius
  • Situated Near a Plethora of Retail Tenants that Include Home Depot, Walgreens, Meijer (NEW,) Menards, Jewel Osco, Circle K, Among Many Others
  • Orland Park is an Affluent Cook County/Chicago Suburb with a Diversified Economic Base and Strong Demographics