9009 Ogden Ave Brookfield, IL 60513
Call to check price and availability
Prime Bank Building, 18,063 SF, 10-Year Lease
Property size:
18,063 SFProperty Features for 9009 Ogden Ave
General Information
- Property type
- Individual retail properties
- Square Feet
- 18,063 SF
Listing Agency: NAI Realvest Orlando Listing Agent: Paul P Partyka
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
This exceptional investment opportunity presents a fully leased, 18,063-square-foot bank building located at 9009 Ogden Avenue in Brookfield, Illinois. The property boasts a strong, long-term lease with a national credit tenant, extending through 2034, with two five-year renewal options commencing in 2035. The current lease features a 5.7% cap rate, projected to increase to 6.7% due to a 2% annual rent escalation clause. This single-tenant building offers 100% occupancy and is situated on a double corner lot, providing excellent visibility and accessibility. A separate drive-thru parcel is also included. The property features ample parking and is conveniently located within walking distance of both the Metra Brookfield and Congress Park stations. The building, designed by a student of Frank Lloyd Wright, is a landmark in the community. The Cook County property (APN 18-03-218-064-0000) is zoned for commercial use. The asking price is $8,000,000, translating to a price per square foot of $442.89. This represents a secure investment with a tenant boasting a Moody's rating of Aa3 (stable) and over $2 trillion in assets. An offering memorandum is available upon request.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Citibank ATM
Atm
Citi
Bank
Location Insight
- Map
- Local Demand
- City
- Brookfield
- County
- Cook
- State
- Illinois
- Longitude
- -87.847367
- Latitude
- 41.8164314
Nearby Similar for Sale
FAQs
What type of property is this?
Individual retail property - Prime Bank Building, 18,063 SF, 10-Year Lease
Where is this individual retail property located?
The property is located at 9009 Ogden Ave 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: Fully leased 18,063 SF bank building with a national credit tenant (Moody's Aa3, stable) boasting over $2 trillion in assets; lease extends to 2034 with two 5-year options.; Excellent parking; landmark building designed by a Frank Lloyd Wright student.; Double corner lot with separate drive-thru parcel.