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24730346
24185277

7351 Lemont Road, Downers Grove, IL 60516

DD
NY 40DE0945716
HMX Realty Advisors
Listed by HMX Realty Advisors
$3,400,000
380 days on market
Updated 72 days ago

PNC Ground Lease - Recent Lease Extension - 90M+

Details
Property Type Retail
Sub Type Bank
Square Footage 3,200
Net Rentable (SqFt) 3,200
Cap Rate 5.35%
NOI $182,000
Occupancy 100%
Tenancy Single
Brand/Tenant Chase Bank, Bank of America (+5)
Lease Type Absolute NNN
Lease Expiration 01/31/2030
Remaining Term 3.6
Rent Bumps Yes
Lease Options 1
Price per SqFt $1,063
Broker Co-Op Yes
Class A
Year Built 1980
Stories 1
Acreage 0.850
Investment Type Net Lease
Tenant Credit Credit Rated
Ground Lease Yes
Ownership Ground Lease
Sale Condition 1031 exchange

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

Listing Contacts

DD
NY 40DE0945716
HMX Realty Advisors
Listed by HMX Realty Advisors

Valuation Calculator

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$182,000.00
$15,166.67/mo

Valuation Metrics

0
DSCR
5.35%
Cap Rate
5.35%
ROI

Map

Zoning

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B-2 CommercialRetail CommercialGeneral Retail Business
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Last updated Mar 6, 2026 For deeper zoning details, reports are available at Zoneomics

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