Bank Branch Ground Lease
For Sale
Contact for pricing
7500 Lemont Rd, Woodridge, IL 60517
Newly constructed banking facility under an absolute NNN ground lease with scheduled rent increases and multiple renewal options.
Property SizeContact for details
Days on Market142
Property Features for 7500 Lemont Rd
General Information
Standard status
Active
Property subtype
Retail
Listing Agency:
JLL - New York City, New York
(602) 282-6300
Listed By:
Alex Geanakos · License #IL: #475.189621
Source:
Crexi
Added: Apr 11
Changed: Aug 30
Last Checked: Aug 30 at 7:38PM
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 JLL - New York City, New York
Investment Insights
Based on property information with market context.
This 2022-built bank facility is offered as a ground lease interest and is occupied by Bank of America. The absolute triple-net structure provides 15 years of initial term, with 10% escalations every five years and four additional five-year renewal options. The bank’s stated S&P credit rating is A-.
The property occupies the signalized intersection of Lemont Road and 75th Street in Woodridge, Illinois, where reported traffic volume is 70K VPD. Interstate-355 is approximately .5 miles away, with reported traffic of 140K VPD. The surrounding retail corridor includes Home Depot, Walmart, Best Buy, Ross Dress For Less, and Kohl’s.
The property occupies the signalized intersection of Lemont Road and 75th Street in Woodridge, Illinois, where reported traffic volume is 70K VPD. Interstate-355 is approximately .5 miles away, with reported traffic of 140K VPD. The surrounding retail corridor includes Home Depot, Walmart, Best Buy, Ross Dress For Less, and Kohl’s.
Key Highlights
- 2022 construction occupied by Bank of America
- Absolute triple‑net ground lease with 15 years of initial term
- 10% rent escalations every five years
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
635
Businesses Nearby
359k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 27%
Apparel 24%
Shops & Services 24%
Electronics 14%
Kohl's
Apparel
65,192 visits/mo
0.1 miles
Best Buy
Electronics
42,777 visits/mo
0.2 miles
Five Below
Shops & Services
29,373 visits/mo
0.2 miles
Chili's Grill & Bar
Dining
19,606 visits/mo
0.2 miles
Dollar Tree
Shops & Services
17,496 visits/mo
0.3 miles
Demographics for 60517, IL
33,276
Population
13,270
Households
2.5
Avg Household Size
39
Median Age
45%
College-Educated
94%
High-School Grad
9.3 sq mi
ZIP Area
3,578
Density / Sq Mi
$96,357
Median Household Income
$52,991
Median Earnings
$1,507
Median Rent
$342,000
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Bank - Newly constructed banking facility under an absolute NNN ground lease with scheduled rent increases and multiple renewal options.
Where is this bank located?
The property is located at 7500 Lemont Rd Woodridge, IL.
What are key features of this property?
This property features: 2022 construction occupied by Bank of America; Absolute triple‑net ground lease with 15 years of initial term; 10% rent escalations every five years
