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BANK OF AMERICA GROUND LEASE | SUBLEASED TO FIRST STATE BANK

$3,600,000 | 9.24%

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1978 West Wilson Street
Batavia, Illinois

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Features

  • Corporately Guaranteed Ground Lease from Bank of America, National Association | Standard & Poor’s “A+” Credit Rating
  • Hard Corner, Stoplight Location with High Visibility | Combined Traffic Counts of 42,100 Vehicles per Day
  • Rare Opportunity to Acquire A+ Credit Tenant at Substantial Cap Rate Premium | Investor to Collect Nearly 50 Percent of Purchase Price from Base Rent During Remaining Lease Term (at List Price)
  • Future Redevelopment Opportunity with Abundant Cash Flow In-Place | Drive-Thru Facility with Ample Parking Allows for Wide Range of Uses
  • Epicenter of Shopping Corridor | Property is Surrounded by National Tenants Including Target, Walmart Supercenter, Menards, Chick-fil-A, Jewel-Osco (Albertsons) and Many More
  • Incredibly Affluent Submarket | Average Household Income Exceeds $137,000 Within a Three-Mile Radius

Contact

ADRIAN MENDOZA
First Vice President Investments
Tel: (630) 570-2163
Adrian.Mendoza@marcusmillichap.com
* Broker of Record: Steven Weinstock

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