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9449 South Western Avenue, Chicago, IL , 60643
  • Size SF 7,200
  • Built/Renov1981/2006
  • Price/SF$1,157
  • Lease Start06-01-2006
  • Rent/SF$69.44
  • Lease Type Abs NNN
  • Lot/AC0.60
  • Pop 5MI605,877

8,333,333

  • Cap Rate 6.00%
  • NOI $500,000
  • R. Term/Yrs 8.5
  • Guarantor Corp T + R
  • # Units 4,600
  • Signalized intersection

  • Hard corner intersection

  • High traffic 50M+ VPD

  • Major thoroughfare

  • Dense 200M+ pop 5 mi

  • Top 100 MSA

  • Affluent AHHI $100K 5 Mi

  • Recently extended lease

  • Absolute NNN

  • Traded and rated company

  • ...
  • Citibank has a 17+ year operating history at this location
  • Tenant has 9+ years remaining on the current lease term with 2 (5-year) options to extend
  • Lease features 10% rental increases every 5 years throughout the initial term and each option period
  • Absolute NNN lease with zero landlord responsibilities
  • Corporate guarantee by Citigroup (NYSE: C)
  • Citibank is an investment grade tenant (S&P: A+)
  • Tenant Citibank
  • Guarantor Corp T and Rated
  • #Units 4,600
  • Moody's/S&P A3/ BBB+
  • Stock NYSE: C

Citibank, N.A. is the primary banking subsidiary of financial services multinational Citigroup. Citibank was founded in 1812 as the City Bank of New York. Despite a merger with First National Bank in 1955, the bank had always been nicknamed "Citibank" so in 1976, First National City Bank was renamed Citibank, N.A.. Citicorp, the holding company for Citibank, is a subsidiary of Citigroup. Citigroup's global retail branch network, branded Citibank, has more than 4,600 global branches and holds more than $300B in deposits. Citibank is the 4th largest retail bank in the United States based on deposits.

 

Citigroup, Inc. (NYSE: C), or Citi, is an American multinational investment bank and financial services corporation and the third-largest banking institution in the United States. In 1998, Citigroup was founded after a merger between Citibank and Travelers Group. Citi has approximately 200 million customer accounts and does business in more than 160 countries and jurisdictions, providing corporations, governments, investors, institutions, and individuals with a broad range of financial products and services. They have an investment grade S&P rating of A+ and a long-term Moody’s rating of Aa3. They have a current market cap of $116.48B and a 2023 revenue of $79.49B. Company headquarters are in New York City, NY.

...
9449 South Western Avenue, Chicago, IL , 60643
  • Size SF 7,200
  • Built/Renov1981/2006
  • Price/SF$958
  • Lease Start06-01-2006
  • Rent/SF$69.44
  • Lease Type Abs NNN
  • Lot/AC0.60
  • Pop 5MI605,877

6,896,552

  • Cap Rate 7.25%
  • NOI $500,000
  • R. Term/Yrs 8.5
  • Guarantor Corp T + R
  • # Units 4,600
  • Signalized intersection

  • Hard corner intersection

  • High traffic 50M+ VPD

  • Major thoroughfare

  • Dense 200M+ pop 5 mi

  • Top 100 MSA

  • Affluent AHHI $100K 5 Mi

  • Recently extended lease

  • Absolute NNN

  • Traded and rated company

  • ...
  • Citibank has a 17+ year operating history at this location
  • Tenant has 9+ years remaining on the current lease term with 2 (5-year) options to extend
  • Lease features 10% rental increases every 5 years throughout the initial term and each option period
  • Absolute NNN lease | Zero landlord responsibilities
  • Corporate guarantee by Citigroup (NYSE: C)
  • Citibank is an investment grade tenant (S&P: A+)
  • Tenant Citibank
  • Guarantor Corp T and Rated
  • #Units 4,600
  • Moody's/S&P Aa3/ A+
  • Stock NYSE: C

Citibank, N.A. is the primary banking subsidiary of financial services multinational Citigroup. Citibank was founded in 1812 as the City Bank of New York. Despite a merger with First National Bank in 1955, the bank had always been nicknamed "Citibank" so in 1976, First National City Bank was renamed Citibank, N.A.. Citicorp, the holding company for Citibank, is a subsidiary of Citigroup. Citigroup's global retail branch network, branded Citibank, has more than 4,600 global branches and holds more than $300B in deposits. Citibank is the 4th largest retail bank in the United States based on deposits.

 

Citigroup, Inc. (NYSE: C), or Citi, is an American multinational investment bank and financial services corporation and the third-largest banking institution in the United States. In 1998, Citigroup was founded after a merger between Citibank and Travelers Group. Citi has approximately 200 million customer accounts and does business in more than 160 countries and jurisdictions, providing corporations, governments, investors, institutions, and individuals with a broad range of financial products and services. They have an investment grade S&P rating of A+ and a long-term Moody’s rating of Aa3. They have a current market cap of $116.48B and a 2023 revenue of $79.49B. Company headquarters are in New York City, NY.

...
2011 2nd Street, Highland Park, IL , 60035
  • Size SF 6,755
  • Built/Renov1994
  • Price/SF
    $281
    $327
  • Lease Start06-16-1996
  • Rent/SF$19.63
  • Lease Type Abs NNN
  • Lot/AC0.86
  • Pop 5MI98,246
1,900,000
2,210,000
  • Cap Rate
    6.98%
     
    6.00%
  • NOI $132,600
  • R. Term/Yrs 0.6
  • Guarantor Corp T + R
  • # Units 4,600
  • Signalized intersection

  • In location for years

  • Near major nationals

  • Top 100 MSA

  • Affluent AHHI $100K 5 Mi

  • Long operation history

  • Absolute NNN

  • Annual rent increases

  • Traded and rated company

  • Investment grade tenant

  • ...
  • Citibank is original tenant: build-to-suit facility (1996)
  • The tenant has 2 years remaining on its current lease term with 2 (5-year) options to extend
  • Lease features 1.25% annual rental increases throughout the current term and options
  • Zero landlord responsibilities- Absolute NNN ground lease
  • Corporate guarantee by Citigroup (NYSE: C)
  • Citibank is an investment grade tenant (S&P: A+)
  • Tenant Citibank
  • Guarantor Corp T and Rated
  • #Units 4,600
  • Moody's/S&P Aa3/ A+
  • Stock NYSE: C

Citibank, N.A. is the primary banking subsidiary of financial services multinational Citigroup. Citibank was founded in 1812 as the City Bank of New York. Despite a merger with First National Bank in 1955, the bank had always been nicknamed "Citibank" so in 1976, First National City Bank was renamed Citibank, N.A.. Citicorp, the holding company for Citibank, is a subsidiary of Citigroup. Citigroup's global retail branch network, branded Citibank, has more than 4,600 global branches and holds more than $300B in deposits. Citibank is the 4th largest retail bank in the United States based on deposits.

Citigroup, Inc. (NYSE: C), or Citi, is an American multinational investment bank and financial services corporation and the third-largest banking institution in the United States. In 1998, Citigroup was founded after a merger between Citibank and Travelers Group. Citi has approximately 200 million customer accounts and does business in more than 160 countries and jurisdictions, providing corporations, governments, investors, institutions and individuals with a broad range of financial products and services. They have an investment grade S&P rating of A+ and a long term Moody’s rating of Aa3. They have a current market cap of $86.9B and a 2021 revenue of $72.22B. Company headquarters are in New York City, NY.

...
255 North Broadway, Hicksville, NY , 11801
  • Size SF 3,536
  • Built/Renov1981
  • Price/SF$1,151
  • Lease Start10-01-1981
  • Rent/SF$80.60
  • Lease Type Abs NNN
  • Lot/AC0.68
  • Pop 5MI289,167

4,071,450

  • Cap Rate 7.00%
  • NOI $285,000
  • R. Term/Yrs 2.2
  • Guarantor Corp T + R
  • # Units 4,600
  • In location for years

  • High traffic 50M+ VPD

  • Dense retail corridor

  • Highway location

  • Top 100 MSA

  • Strong demographics

  • Absolute NNN

  • Traded and rated company

  • Corporate Guarantee

  • Investment grade tenant

  • ...
  • Citibank has been operating in this location for over 40 years
  • Tenant has 3+ years remaining on the current ground lease with 1 (5-year) option to extend
  • Lease features FMV rental increase at the start of the option period
  • Absolute NNN | Zero landlord responsibilities
  • Corporate guaranteed lease | Investment grade tenant
  • Tenant Citibank
  • Guarantor Corp T and Rated
  • #Units 4,600
  • Moody's/S&P A3/ BBB+
  • Stock NYSE: C

Citibank, N.A. is the primary banking subsidiary of financial services multinational Citigroup. Citibank was founded in 1812 as the City Bank of New York. Despite a merger with First National Bank in 1955, the bank had always been nicknamed "Citibank" so in 1976, First National City Bank was renamed Citibank, N.A.. Citicorp, the holding company for Citibank, is a subsidiary of Citigroup. Citigroup's global retail branch network, branded Citibank, has more than 4,600 global branches and holds more than $300B in deposits. Citibank is the 4th largest retail bank in the United States based on deposits.

 

Citigroup, Inc. (NYSE: C), or Citi, is an American multinational investment bank and financial services corporation and the third-largest banking institution in the United States. In 1998, Citigroup was founded after a merger between Citibank and Travelers Group. Citi has approximately 200 million customer accounts and does business in more than 160 countries and jurisdictions, providing corporations, governments, investors, institutions, and individuals with a broad range of financial products and services. They have an investment grade S&P rating of A+ and a long-term Moody’s rating of Aa3. They have a current market cap of $116.48B and a 2023 revenue of $79.49B. Company headquarters are in New York City, NY.

...

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