Single-Tenant PNC Ground
For Sale
Contact for pricing
111 Quentin Road, Lake Zurich, IL 60047
Single-tenant PNC Bank ground lease at a signalized intersection with traffic counts of 32,700 vehicles per day.
Property Size53,797 SF
Days on Market122
Property Features for 111 Quentin Road
General Information
Standard status
Active
Size
53,797 SF
Property subtype
Retail
Additional Details
Traffic Count
32,700 vehicles/day
Building Details
Tenancy
Single
Listing Agency:
The Boulder Group
(847) 562-0003
Listed By:
Randy Blankstein · License #IL 471005983
Source:
Crexi
Added: Apr 10
Changed: Aug 8
Last Checked: Jul 22 at 4:44PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of The Boulder Group
Investment Insights
Based on property information with market context.
This offering is a single-tenant PNC Bank ground lease with more than 17 years remaining under the original 20-year term. The ground lease expires on July 31, 2034 and includes 10% rental escalations every five years throughout the primary term and within each of four 5-year renewal option periods. The asset is presented as a no-landlord-responsibilities structure.
The property is positioned at a signalized intersection with exceptional visibility and access at Quentin Road and Route 22. Traffic counts at the intersection are reported at 32,700 vehicles per day, and Route 22 is described as the trade area’s primary east-west thoroughfare.
The PNC Bank property is described as a 53,797-square-foot facility and benefits from nearby retail activity, including Mariano’s Fresh Market, as well as additional retailers such as McDonald’s and Just Tires.
The property is positioned at a signalized intersection with exceptional visibility and access at Quentin Road and Route 22. Traffic counts at the intersection are reported at 32,700 vehicles per day, and Route 22 is described as the trade area’s primary east-west thoroughfare.
The PNC Bank property is described as a 53,797-square-foot facility and benefits from nearby retail activity, including Mariano’s Fresh Market, as well as additional retailers such as McDonald’s and Just Tires.
Key Highlights
- Single‑tenant PNC Bank ground lease in Lake Zurich, IL at a signalized intersection of Quentin Road and Route 22
- Lease expires July 31, 2034 with over 17 years remaining on the original 20‑year term
- 10% rental escalations every five years during the primary term and each of the four 5‑year renewal option periods
Property Analytics
Current Use
Lease Details
32,700 VPD
Traffic count
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
407
Businesses Nearby
59k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Groceries 63%
Dining 30%
Shops & Services 7%
Mariano's
Groceries
36,692 visits/mo
0.2 miles
McDonald's
Dining
17,734 visits/mo
0.2 miles
PNC Bank
Shops & Services
2,842 visits/mo
0.2 miles
Just Tires
Shops & Services
1,313 visits/mo
0.1 miles
Demographics for 60047, IL
43,944
Population
15,877
Households
2.8
Avg Household Size
43
Median Age
67%
College-Educated
97%
High-School Grad
34.9 sq mi
ZIP Area
1,259
Density / Sq Mi
$173,043
Median Household Income
$82,803
Median Earnings
$1,817
Median Rent
$510,000
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
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Frequently Asked Questions
What type of property is this?
Bank - Single-tenant PNC Bank ground lease at a signalized intersection with traffic counts of 32,700 vehicles per day.
Where is this bank located?
The property is located at 111 Quentin Road Lake Zurich, IL.
What are key features of this property?
This property features: Single‑tenant PNC Bank ground lease in Lake Zurich, IL at a signalized intersection of Quentin Road and Route 22; Lease expires July 31, 2034 with over 17 years remaining on the original 20‑year term; 10% rental escalations every five years during the primary term and each of the four 5‑year renewal option periods
