Long-Term Tenant, Landmark
9009 Ogden Avenue Brookfield, IL 60513
9009 Ogden Avenue, Brookfield, IL, 60513
$8,000,000
For Sale
$8,000,000
Tenant renewed lease through 2034, near Metra stations.
Days on Market146
Property Features for 9009 Ogden Avenue
General Information
- Standard status
- Active
- Property subtype
- Retail
Listing agency
(407) 341-0805
Listed by
Paul P. Partyka, CCIM, MiCP, CIPS
(407) 341-0805
Source
Naiglobal
Added: Feb 26 Updated: Jul 10 at 3:55PM Checked: Jul 21 at 5:09AM
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 Paul P. Partyka, CCIM, MiCP, CIPS
Investment Insights
Based on property information with market context.
This commercial property features a long-term tenant that has been in place since 1991 and has recently renewed their lease for an extended term of 10 years, running through 2034. The property operates at a 5.7% cap rate for the current year, with an increase to 6.7% anticipated. The lease includes a 2% annual increase on rent, along with two 5-year renewal options starting in 2035. The tenant is a national credit tenant, identified as the 3rd largest bank holding company in the US, possessing over $2 trillion in assets and holding a Moody's rating of Aa3 with a stable outlook. The property provides excellent parking facilities. It is a landmark building designed by a student of Frank Lloyd Wright. The location is a double corner, which includes a separate drive-thru parcel. The property is located within walking distance of both the Metra Brookfield and Congress Park stations.
Key Highlights
- Leased to a national credit tenant, the 3rd largest bank holding company in the US.
- Long‑term lease through 2034 with renewal options extending the investment.
- 5.7% cap rate, with 2% annual rent increases growing to 6.7%.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Citibank ATM
Atm
Citi
Bank
Similar For Sale Nearby
FAQs
What type of property is this?
Bank - Tenant renewed lease through 2034, near Metra stations.
Where is this bank located?
The property is located at 9009 Ogden Avenue Brookfield, IL.
What is the asking price?
The asking price for this property is $8,000,000.
What are key features of this property?
This property features: Leased to a national credit tenant, the 3rd largest bank holding company in the US.; Long‑term lease through 2034 with renewal options extending the investment.; 5.7% cap rate, with 2% annual rent increases growing to 6.7%.