Last updated on August 14th, 2024
Fully Leased CitiBank Building for Sale
$9,700,000
9009 Ogden Avenue, Brookfield, Illinois 60513
Building Size | 18,063 Square Feet |
Zoning | Commercial |
- Long-term tenant since 1991 - just renewed with an unusually long lease term: 10 years - from 2025 through 2034!
- 4.7% cap rate - current year; grows to 5.5%
- 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.