

PNC Ground Lease - Recent Lease Extension - 90M+
Pad to TJ Maxx, HomeGoods, Old Navy, Best Buy & Shop & Save Market
Marketing description
HMX Realty Advisors exclusively presents for sale a PNC Bank (S&P A-) ground lease located on .85 acres in one of the wealthiest communities in the Chicago MSA.
The bank has high deposits exceeding $90 million, four drive through lanes and just exercised their second to last option early. The bank is a pad site to TJ Maxx, HomeGoods, Shop & Save Market, Old Navy and Best Buy. Other pad sites at the center include Panera Bread and Burger King. Kohl’s and Ross Dress for Less are across the intersection.
It is located on Lemont Road which has average daily traffic of 21,000 vehicles. It is just off the corner of 75th Street which has traffic counts of 33,900 vehicles per day. It is in Downers Park Plaza which is a grocery anchored shopping center.
Downers Grove offers an exceptional location within the world's 3rd largest metropolitan area, the Chicago MSA (9.5 million population), boasting a diversified economy with a $561 billion annual gross regional product and over 400 major corporate headquarters. This highly accessible community provides Convenient Chicago Access with a 25-minute train ride to downtown Chicago.
The property is near Naperville, consistently ranked among the wealthiest, safest, and most educated cities in the Midwest and nation
Investment highlights
• 90+ Million in deposits
• Wealthy Community in Chicago
• Four drive thru lanes
• Option exercised early
• 45k vehicles per day
• Pad to TJ Maxx, HomeGoods, Shop & Save Market , Old Navy, and Best Buy with Panera Bread and Burger King
• Kohl’s and Ross Dress for Less are across the intersection
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