Lake Zurich, IL 60047

PNC Bank Ground Lease

Property Address

111 Quentin Road, Lake Zurich, IL, USA

Offering Summary

  • Price: $6,285,700
  • Lot Size: 1.24 Acres
  • Cap Rate: 5.25%
  • Year Built: 2014
  • Building SF: 3,315
  • Status: Available
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  • 14 Years Remaining on Absolute Triple-Net (NNN) Ground Lease
  • 10% Rental Increases Every 5 Years
  • 133,783 Residents within a 5-Mile Radius in Growing Lake Zurich Trade Area - Chicago MSA
  • Outparcel to Mariano’s Grocery Store
  • Signalized Hard Corner Location - Visible to 33,100+ Cars/Day at the Intersection of Main Street/Lake Zurich Road and North Quentin Road
  • Close Proximity to Lake Zurich’s Primary Retail Corridor - Costco, Target, Walmart, The Home Depot, Jewel-Osco, and More
  • Affluent Trade Area- Average Household Income Exceeds $183,000 within 3-Miles
  • Strong Daytime Population - 105,364 Employees in Surrounding Area

Broker Information