Building Details

Tenancy Single

Listing Agency: JLL Chicago | Americas Headquarters

Listed By: Mohsin Mirza · License #IL 475.189943 Show Phone

Source: Crexi

Added: Jul 7 Changed: Sep 8 Last Checked: Sep 9 at 6:07AM

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Investment Insights

Based on property information with market context.

This property is offered under an absolute NNN ground lease structure with 12.4 years of remaining term. The lease is held by an investment-grade tenant with a strong credit rating (S&P: A).

The asset is located near a highly trafficked Walmart and Menards, which together attract more than 3.1 million visitors annually. Local demographics indicate an average household income of $162,000 within a one-mile radius.

The property is presented for sale as a specialty/NNN investment.

Key Highlights

• Absolute NNN ground lease with 12.4 years of remaining term
• Leased to an investment‑grade tenant with S&P A credit rating
• Near a highly trafficked Walmart and Menards attracting 3.1+ million visitors annually

Property Analytics

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Current Use

U.S. Bank Branch Bank US Bank ATM Atm US Bank Mortgage Loan Service

Suggested Use

Top Pick Real Estate Agency Restaurant Auto Parts Store Hair Salon Hotel & Motel Barber Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

810

Businesses Nearby

Explore this area Business Placement

Demographics for 60056, IL

57,177

Population

23,202

Households

2.5

Avg Household Size

41

Median Age

49%

College-Educated

92%

High-School Grad

10.9 sq mi

ZIP Area

5,246

Density / Sq Mi

$104,168

Median Household Income

$54,158

Median Earnings

$1,456

Median Rent

$376,300

Median Home Value

Questions? Ask Rey

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What type of property is this? Where is this nnn properties located? What is the asking price? Find similar properties What are key features of this property?

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Frequently Asked Questions

What type of property is this?

NNN property - Absolute NNN ground lease with 12.4 years remaining, leased to an investment-grade tenant with an S&P A credit rating.

Where is this nnn property located?

The property is located at 940 East Rand Road Mt Prospect, IL.

What is the asking price?

The asking price for this property is $2,883,000.

What are key features of this property?

This property features: Absolute NNN ground lease with 12.4 years of remaining term; Leased to an investment‑grade tenant with S&P A credit rating; Near a highly trafficked Walmart and Menards attracting 3.1+ million visitors annually