Net Leased Bank
20263 N Rand Rd Kildeer, IL 60074
For Sale
Contact for pricing
Pending
Single-tenant Bank of America net leased property on a signalized corner along Rand Road in a retail corridor.
Property Size2,327 SF
Days on Market109
Property Features for 20263 N Rand Rd
General Information
Standard status
Pending
Size
2,327 SF
Property subtype
Retail
Listing Agency:
The Boulder Group
(847) 562-0003
Listed By:
Randy Blankstein · License #IL 471005983
Source:
Crexi
Added: Apr 10
Changed: Jul 22
Last Checked: Jul 26 at 4:09PM
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.
A single-tenant, net leased Bank of America property is offered for sale in the Chicago MSA in Kildeer, Illinois. The site features a 2,327-square-foot bank facility with over 12 years remaining on the triple net ground lease and four 5-year renewal options, along with 10% rental escalations every five years. Bank of America is identified as an investment-grade tenant with an S&P rating of A-.
The property is located at the corner of a signalized intersection along Rand Road, described as a primary north-south thoroughfare with reported 49,409 VPD. It sits within a retail corridor anchored by major retailers including Whole Foods, Walmart, Home Depot, Target, Menards, Nike Factory, Nordstrom Rack, Apple, Anthropologie, and Dick’s Sporting Goods. It is positioned as an outparcel of Kildeer Market Place and adjacent to Kildeer Village Square.
Kildeer Market Place and Kildeer Village Square were recently constructed, are noted as 100% leased, and include tenants such as Nike, Nordstrom Rack, Sierra Trading, DSW, and Art Van Furniture.
The property is located at the corner of a signalized intersection along Rand Road, described as a primary north-south thoroughfare with reported 49,409 VPD. It sits within a retail corridor anchored by major retailers including Whole Foods, Walmart, Home Depot, Target, Menards, Nike Factory, Nordstrom Rack, Apple, Anthropologie, and Dick’s Sporting Goods. It is positioned as an outparcel of Kildeer Market Place and adjacent to Kildeer Village Square.
Kildeer Market Place and Kildeer Village Square were recently constructed, are noted as 100% leased, and include tenants such as Nike, Nordstrom Rack, Sierra Trading, DSW, and Art Van Furniture.
Key Highlights
- 2,327 SF single‑tenant Bank of America property on a net ground lease in the Chicago MSA (Kildeer, IL).
- Over 12 years remaining on the triple net ground lease with four 5‑year renewal options.
- 10% rental escalations every five years.
Property Analytics
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Bank - Single-tenant Bank of America net leased property on a signalized corner along Rand Road in a retail corridor.
Where is this bank located?
The property is located at 20263 N Rand Rd Kildeer, IL.
What are key features of this property?
This property features: 2,327 SF single‑tenant Bank of America property on a net ground lease in the Chicago MSA (Kildeer, IL).; Over 12 years remaining on the triple net ground lease with four 5‑year renewal options.; 10% rental escalations every five years.
