Last updated on November 8th, 2024

Fully Leased CitiBank Building for Sale

$8,000,000

9009 Ogden Avenue, Brookfield, Illinois 60513


Documents
Building Size18,063 Square Feet
ZoningCommercial
  • Long-term tenant since 1991 - just renewed with an unusually long lease term: 10 years - through 2034!
  • 5.7% cap rate - current year; grows to 6.7%
  • 2% annual increase on rent
  • (2) 5 year renewal options - starting in 2035
  • Strong guarantee - leased to a national credit tenant - 3rd largest bank holding company in US with $2+ trillion in assets; Moody's - Aa3 - stable
  • Excellent parking; landmark building designed by student of Frank Lloyd Wright
  • Double corner location with separate drive-thru parcel (see aerial)
  • Within walking distance of Metra Brookfield and Congress Park stations
  • Offering Memorandum available - contact broker

The information contained herein is from sources deemed reliable, but is subject to errors, omissions, and withdrawal without notice.


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