This document summarizes a net leased investment offering for a PNC Bank property located in Washington, Illinois. The property is a 3,501 square foot bank branch built in 2008 that is leased to PNC Bank through December 2028 with three 10-year renewal options. It has rare 14% rental escalations every five years throughout the lease term. The offering is for $1,172,571 at a 5.25% cap rate. PNC Bank is an investment grade rated tenant that operates over 2,700 bank branches nationally. The property benefits from its location along a major roadway near retailers like Walmart, Menards, and within 10 miles of Peoria, Illinois.
The Boulder Group is pleased to exclusively market for sale a single tenant net leased corporately guaranteed Dunkin’ Donuts property located within an affluent suburb of Chicago.
The Boulder Group is pleased to exclusively market for sale a recently construction single tenant net lease Walgreens property located in the Chicago MSA
The Boulder Group is pleased to exclusively market for sale a single tenant net leased corporately guaranteed Dunkin’ Donuts property located within an affluent suburb of Chicago.
The Boulder Group is pleased to exclusively market for sale a recently construction single tenant net lease Walgreens property located in the Chicago MSA
Top Five Foreclosure States In October 2013Jessica Lucas
According to RealtyTrac.com, Florida, Nevada, Maryland, Ohio and Illinois had the highest number of foreclosures in October, 2013.
Highlights Per State:
The number of foreclosures in the state of Illinois dropped by 36% from previous year. The volume of home sales dropped by 17% from previous month. For the homebuyer outlook, the average sales price of foreclosed properties was $102,250, which is 45% lower than non-distressed homes on the market.
The number of foreclosures in the state of Ohio dropped by 34% from previous year. The volume of home sales dropped by 17% from previous month. For the homebuyer outlook, the average sales price of foreclosed properties was $50,000, which is 59% lower than non-distressed homes on the market.
The number of foreclosures in the state of Maryland rose by 201% from previous year. The volume of home sales dropped by 15% from previous month. For the homebuyer outlook, the average sales price of foreclosed properties was $160,000, which is 38% lower than non-distressed homes on the market.
The number of foreclosures in the state of Nevada dropped by 15% from previous year. The volume of home sales rose by 14% from previous month. For the homebuyer outlook, the average sales price of foreclosed properties was $140,000, which is 16% lower than non-distressed homes on the market.
The number of foreclosures in the state of Florida dropped by 6% from previous year. The volume of home sales dropped by 12% from previous month. For the homebuyer outlook, the average sales price of foreclosed properties was $96,000, which is 35% lower than non-distressed homes on the market.
Weichert, Princeton January Market Recap & ForecastWeichert Realtors
Want your Phd in Princeton area real estate? Have a look at some of the most detailed data on the Mercer, Middlesex and Somerset County real estate markets. Whether you are buying or selling this will give you insight into both.
Keep up-to-date- on the real estate market in Richmond, VA. Lacy Williams, REALTOR in Richmond presents data to show what's really going on in the real estate market.
Avoid all the confusion by getting your passport in a timely matter. Source: https://www.ambassadorpassportandvisa.com. Information shared above is the personal opinion of the author and not affiliated with the website.
Avoid all the confusion by getting your passport in a timely matter. Source: https://www.ambassadorpassportandvisa.com. Information shared above is the personal opinion of the author and not affiliated with the website.
The Boulder Group is pleased to exclusively market for sale a single tenant absolute net leased corporately guaranteed 7-Eleven property located within the Chicago MSA.
Marijuana Will Be Legalized in 2021 Now That Georgia Voted In Two DemocratsCannabis News
Yes, we are going to see legal weed, read this https://cannabis.net/blog/opinion/worldwide-marijuana-legalization-now-imminent-in-2021-as-georgia-goes-blue
Top Five Foreclosure States In October 2013Jessica Lucas
According to RealtyTrac.com, Florida, Nevada, Maryland, Ohio and Illinois had the highest number of foreclosures in October, 2013.
Highlights Per State:
The number of foreclosures in the state of Illinois dropped by 36% from previous year. The volume of home sales dropped by 17% from previous month. For the homebuyer outlook, the average sales price of foreclosed properties was $102,250, which is 45% lower than non-distressed homes on the market.
The number of foreclosures in the state of Ohio dropped by 34% from previous year. The volume of home sales dropped by 17% from previous month. For the homebuyer outlook, the average sales price of foreclosed properties was $50,000, which is 59% lower than non-distressed homes on the market.
The number of foreclosures in the state of Maryland rose by 201% from previous year. The volume of home sales dropped by 15% from previous month. For the homebuyer outlook, the average sales price of foreclosed properties was $160,000, which is 38% lower than non-distressed homes on the market.
The number of foreclosures in the state of Nevada dropped by 15% from previous year. The volume of home sales rose by 14% from previous month. For the homebuyer outlook, the average sales price of foreclosed properties was $140,000, which is 16% lower than non-distressed homes on the market.
The number of foreclosures in the state of Florida dropped by 6% from previous year. The volume of home sales dropped by 12% from previous month. For the homebuyer outlook, the average sales price of foreclosed properties was $96,000, which is 35% lower than non-distressed homes on the market.
Weichert, Princeton January Market Recap & ForecastWeichert Realtors
Want your Phd in Princeton area real estate? Have a look at some of the most detailed data on the Mercer, Middlesex and Somerset County real estate markets. Whether you are buying or selling this will give you insight into both.
Keep up-to-date- on the real estate market in Richmond, VA. Lacy Williams, REALTOR in Richmond presents data to show what's really going on in the real estate market.
Avoid all the confusion by getting your passport in a timely matter. Source: https://www.ambassadorpassportandvisa.com. Information shared above is the personal opinion of the author and not affiliated with the website.
Avoid all the confusion by getting your passport in a timely matter. Source: https://www.ambassadorpassportandvisa.com. Information shared above is the personal opinion of the author and not affiliated with the website.
The Boulder Group is pleased to exclusively market for sale a single tenant absolute net leased corporately guaranteed 7-Eleven property located within the Chicago MSA.
Marijuana Will Be Legalized in 2021 Now That Georgia Voted In Two DemocratsCannabis News
Yes, we are going to see legal weed, read this https://cannabis.net/blog/opinion/worldwide-marijuana-legalization-now-imminent-in-2021-as-georgia-goes-blue
The Boulder Group is pleased to exclusively market for sale a single tenant net leased Enterprise Rent-A-Car property located in an affluent suburb of Detroit.
The Boulder Group is pleased to exclusively market for sale a single tenant property located in Dayton, Ohio. The property is a net lease investment occupied by Long John Silvers and A&W Restaurant under a single lease
The Boulder Group is pleased to exclusively market for sale a single tenant net leased corporately guaranteed O’Reilly Auto Parts property located within the Chicago MSA.
Net Lease Tenant Profile Report 2019 | The Boulder GroupThe Boulder Group
The Boulder Group releases its 2019 Q3 Net Lease Tenant Profiles report. The report provides comprehensive insight into tenant lease structures and cap rates for over 70 net lease tenants.
The Boulder Group’s Research Department has released a new research report providing comprehensive numbers and analysis of the recent activity in the National Net Lease Dollar Store Market.
Net Lease Casual Dining Report 2018 | The Boulder GroupThe Boulder Group
The Boulder Group’s Research Department has released a new research report providing comprehensive numbers and analysis of the 1st quarter activity in the National Net Lease Casual Dining Market.
net lease research report q1 2018 | The Boulder GroupThe Boulder Group
The Boulder Group’s Research Department has released a new research report providing comprehensive numbers and analysis of the 1st quarter activity in the National Net Lease Market.
Net Lease Big Box Research Report | The Boulder GroupThe Boulder Group
The Boulder Group’s Research Department has released a new research report providing comprehensive numbers and analysis of the 4th quarter activity in the National Net Lease Big Box Market.
The Boulder Group’s Research Department has released a new research report providing comprehensive numbers and analysis of the recent activity in the National Net Lease QSR Market.
The Boulder Group’s Research Department has released a new research report providing comprehensive numbers and analysis of the recent activity in the National Net Lease Dollar Store Market. #CRE
The Boulder Group’s Research Department has released a new research report providing comprehensive numbers and analysis of the 2nd quarter activity in the National Net Lease Market.
Referans Bahcesehir which is being constructed, in the center of the most regional destination as Bahçeşehir, shines out with its central location and unique landscape including social facilities such as a fitness center, sauna, sports facilities, children’s playground and recreational areas.
Not only drawing attention for immediate surroundings including commercial centers and private schools but also providing the easily accessible location with closeness to Tem Highway and connection roads, ongoing construction of 3rd Bridge Connection roads and Metro Projects
Bahcesehir is a rising value in the great city of Istanbul… Located at a new transportation junction in the northwest of the City… Located at such a spot that the access roads for the 3rd bridge and for the 3rd Airport will reach the region in 2016. The Marmaray and the Subway will extend all the way to Referans Bahcesehir respectively in 2018 and 2019.
465 flats and 34 stores are designed with an outstanding approach and arranged with a unique perspective offering the following options: 1 plus 1, 2 plus 1, 3 plus 1, 3.5 plus 1, 4 plus 1, and 4.5 plus 1. It is planned so as to safeguard you and your loved ones based upon a modern, technological safety approach. As you experience the joy and luxury here, you will be content and feet at ease.
It is worth seeing both inside and outside with heart-warming cafes, tasty restaurants and elegant stores… And it is ready to offer a vivacious social life with a warm and cozy space design.
A folding swimming pool and indoor swimming pools, playgrounds, Turkish bath, sauna… It has them all. Everything you need for your well-being and for having a pleasant time will be at your service. You simply need to align the rhythm of life with the rhythm of Referans Bahcesehir.
https://listingturkey.com/property/referans-bahcesehir/
Elegant Evergreen Homes - Luxury Apartments Redefining Comfort in Yelahanka, ...JagadishKR1
Experience unmatched luxury at Elegant Evergreen Homes, offering exquisite 2, 3, and 4 BHK apartments in the serene locality of Yelahanka, Bangalore. These meticulously crafted homes blend modern design with timeless elegance, providing a harmonious living environment. Enjoy top-tier amenities and a prime location, making Elegant Evergreen Homes the ideal choice for discerning homeowners.
Simpolo Tiles & Bathware
Tile ho,
toh Simpolo.
Since the first steps were taken in 1977, Simpolo Ceramics has carved its niche as a consistently growing organisation with unparalleled innovation and passion rooted in simplicity.
We endure gratification for every experience we offer, created to share something meaningful. It may not resonate with the majority, but that makes us a class apart. If only a handful were to understand the purpose of our existence, we would be proud to have found our believers. Rather, people with whom we can share our beliefs.
VISUALIZER
Design your space in your style with our very own Visualizer. Now, you can choose the tiles of your liking from our wide selection and see how they would look in a space. Select the tile from the multiple options and the visualiser will replace the surfaces in the image with the selected tiles. This way, instead of just your imagination, you can choose the tiles for your place by getting an actual picture of how they would look in a space. So, design your space the way you desire digitally and implement it in real life to get the best results!
You can also share this visualiser with others to help them design their space.
Committed to delighting customers with world-class ceramic products and services. Make Simpolo synonymous with the best quality and set new benchmarks of excellence for all stakeholders. Pursue best business practices with utmost integrity to make Simpolo an exciting organisation to work with, for vendors, channel partners, investors and employees alike.
Gain worldwide recognition in the field of ceramic building products through Research and Innovation and bring an enhanced lifestyle within reach for every household.
Lixin Azarmehr, a Los Angeles-based real estate development trailblazer, co-founded JL Real Estate Development (JL RED) in 2015 and serves as its CEO. Her expertise has propelled the firm to specialize in luxury residential and mixed-use commercial projects, with a portfolio that features upscale retail spaces and sophisticated care facilities.
500 acres of brilliance await you here at Riverview City which offers modern living, effortless convenience, and a beautiful natural setting. It is a mega township by Magarpatta City in Loni Kalbhor, Pune. Enjoy easy access to work, schools, and fun while experiencing a perfect work-life balance.
Visit - magarpattacity.developerprojects.in
Brigade Insignia offers meticulously designed apartments with modern architecture and premium finishes. The project features spacious 3,3.5,4 and 5 BHK units, each thoughtfully planned to provide maximum comfort, natural light, and ventilation.
https://www.newprojectbangalore.com/brigade-insignia-yelahanka-bangalore.html
The SVN® organization shares a portion of their new weekly listings via their SVN Live® Weekly Property Broadcast. Visit https://svn.com/svn-live/ if you would like to attend our weekly call, which we open up to the brokerage community.
The KA Housing - Catalogue - Listing TurkeyListing Turkey
Welcome to KA Housing, a distinguished real estate development nestled in the heart of Eyüpsultan, one of Istanbul’s most promising districts.
Just 10 minutes from the bustling city center, Eyüpsultan offers a serene escape with the convenience of urban living. The direct metro line ensures seamless connectivity to all parts of Istanbul, making it an ideal location for residents who seek both tranquility and vibrancy.
KA Housing boasts unparalleled accessibility, with proximity to Istanbul Airport only 30 minutes away, facilitating easy international travel. Effortless city access is guaranteed by direct metro and transportation links to Istanbul’s cultural and commercial hubs. Quick access to key metro lines connects you to every corner of the city within minutes, making commuting and exploring the city hassle-free.
The development offers luxurious living spaces with a range of unit layouts from 1+1 to 4+1, designed with meticulous attention to detail. Each unit features balconies or terraces, providing stunning vistas of Istanbul and enhancing the living experience. High-quality materials and superior craftsmanship ensure durability and elegance, while sound-proof insulation and high ceilings (2.95 m) offer comfort and sophistication.
Residents of KA Housing enjoy exclusive on-site amenities, including a state-of-the-art gym, outdoor swimming pool, yoga area, and walking paths. Entertainment options abound with a private cinema, children’s playground, and a variety of dining options including a café and restaurant. Security and convenience are paramount with 24/7 security, a dedicated carpark garage, and an IP intercom system.
KA Housing represents a prime investment opportunity with limited availability in a high-demand area, ensuring enduring value and potential for lucrative returns. Homes in this development provide exceptional value without compromising on quality, offering affordable luxury for discerning buyers. The construction is of the highest quality, built to the latest seismic and disaster resistance standards, ensuring safety and resilience.
The community and surroundings of KA Housing are enriched by close proximity to prestigious universities such as Haliç University, Bilgi University, and Istanbul Ticaret University, making it an ideal location for students and academics. The development is adjacent to the Alibeyköy stream leading into the Halic waters, offering serene natural escapes amidst lush greenery. Residents can enjoy the cultural richness of the area, surrounded by historical and cultural landmarks that blend leisure, nature, and culture seamlessly.
https://listingturkey.com/property/the-ka-housing/
Torun Center Residences Istanbul - Listing TurkeyListing Turkey
THERE IS LIFE IN ITS CENTER!
The most energetic spot of the city that will add utterly different pleasures to your life, with a park that will make Istanbul breathe, delighting indoor and outdoor bistros, cafes, restaurants, the brand-new Food Hall concept, where dozens of unique tastes are served together, market area, cinema, theater, fitness club, SPA and event venue...
All the pleasures that will enrich your lives are awaiting you on the most beautiful side of the city, at Torun Center Residences. In Mecidiyeköy, where the heart of Istanbul beats, business, life and entertainment opportunities are located at the exact center, at Torun Center, the most beautiful side of the city.
Penthouse apartments and different styles of flats from 1 + 1 to 4 + 1, from 100 to 425 square meters in a 42-story residence tower, have been designed for those who want to live in the center of magnificence. Torun Center is the redefinition of a better life with specially landscaped floor gardens, apartment options with private balconies, and automatic glass systems equipped with Trickle Ventilation that offers clean air comfort.
Business and life in the same place
Excellent service
Torun Center has many delightful details, from a swimming pool to sunbathing and resting terrace. With 24/7 concierge services, 24/7 security, valet, technical service, closed-circuit camera system (CCTV), central heating and cooling system, it makes your life easier.
Delightful details
The two-story Torun Center Lounge, with its indoor and outdoor seating areas, children's playroom, private dining and TV lounge, promises unforgettable memories to you and your loved ones with its unique Istanbul view.
Neighboring to the most pleasant square of Istanbul
A few steps from the Torun Center Residences, you can reach the city's most modern city square and open the doors of a quality city life. Torun Center Residences brings together on the same project the long-awaited city life for Istanbul and gourmet restaurants, cafes, gym and SPA, and state-of-the-art cinema and Artı Stage, hosting the most famous plays of the season.
Located at the intersection of alternative public transportation options such as the metro and Metrobus, Torun Center comes to the fore as the most accessible office for both sides of Istanbul. With a central location and rich transportation lines, Torun Center offices make life easier for employees and increase productivity.
Green Homes, Islamabad Presentation .pdfticktoktips
Green Homes Islamabad offers beautifully designed 5, 8, and 10 Marla homes near the airport and motorway. Enjoy luxury, convenience, and high rental returns in a prime location.
Scanning tenants in NYC requires a thorough and compliant approach to ensure you find reliable renters. For a positive rental experience, consider hiring a property management service. Belgium Management LLC specializes in NYC rental property management and tenant relationship management. We prioritize tenant satisfaction, making us a trusted name in New York property management. Our dedicated team ensures tenants feel valued and supported throughout their lease.
One FNG by Group 108 Sector 142 Noida Construction UpdateOne FNG
One FNG by Group 108 is launching a new commercial project in Sector 142 Noida. Office space and high street retail shops on the FNG and Noida Expressway. For more information visit the website https://www.onefng.com/
Urbanrise Paradise on Earth - Unveiling Unprecedented Luxury in Exquisite Vil...JagadishKR1
Immerse yourself in the epitome of luxury living at Urbanrise Paradise on Earth. These opulent 4 BHK villas, nestled off the prestigious Kanakapura Road in Bangalore, redefine elegance and sophistication. With meticulous craftsmanship, breathtaking design, and unparalleled amenities, Urbanrise Paradise on Earth offers a sanctuary where every moment is infused with luxury and serenity. Experience a life of grandeur and indulgence at this exclusive residential enclave.
Omaxe Sports City Dwarka stands out as a premier residential and recreational destination, offering a blend of luxury and sports-centric living. Located in the thriving area of Dwarka, this project by Omaxe Limited is designed to cater to modern lifestyle needs while promoting a healthy, active living environment.
Flat available for sale
Location- Tupudana, Ranchi
Savitri enclave
Area- 3BHK
Rate- 4000/sq.ft.
Super Build Up Area-1629 sq.ft.
Build-up area-1253 sq.ft.
Rate- 65lakh16k(approx)
Floor available- Flat available in all floor(G+12)
Balcony- 2
Washroom- 2
Parking - CAR PARKING
Amenities- Joggers track,temple, children's park,gym,banquet hall (5 Lakh)
Possession year (Handover year)- Dec 2025
Outside View from the apartment and flat balcony is very beautiful.
For more information contact AASHIYANA STAR PROPERTIES
7766900371
BricknBolt Understanding Load-Bearing Walls and Their Structural Support in H...BrickAndBolt
Load-bearing walls are the backbone of any home construction, providing crucial structural support that carries the weight of the house above. For companies like Brick and Bolt Mysore and Bricknbolt Faridabad, understanding and properly implementing these elements are key to constructing safe and durable buildings.
Investing In The US As A Canadian… And How To Do It RIGHT!! (feat. Erwin Szet...Volition Properties
=== Investing In The US As A Canadian… And How To Do It RIGHT!! (feat. Erwin Szeto) ===
Ever been curious about Real Estate Investing in the US?? At Volition, for the past 14 years, we have been focused on helping investors invest in over $250M of real estate and generate $100M of wealth in the Toronto market, but we are always open to learning more about other business models and learning from other investors.
The US has always been an intriguing market to invest in. But the US is a big place… if you’re interested in investing in the US, you probably have a lot of questions, like:
☑️ Specifically WHERE should you invest?
☑️ What are the best markets to invest in and why?
☑️ How much are property prices there?
☑️ What are the returns like?
☑️ What is cashflow like?
☑️ Compared to investing in Toronto or other cities in Ontario, what are the benefits / tradeoffs?
☑️ What ownership structure should I use?
☑️ What are the tax implications?
☑️ Can I get financing?
☑️ What are tenants like?
Enter Erwin Szeto, a longtime friend of Volition. Since 2005, Erwin Szeto and his team have navigated the challenging landscape of being landlords in Ontario. Now, they are shifting their focus and guiding their clients' investments toward the more landlord-friendly environment of the USA. This decision comes after assisting Canadian clients in transacting over $440,000,000 in income properties. Faced with issues like affordability constraints, tenant-friendly laws, rent control, and rental licensing in Canada, Erwin sees a clear opportunity in the U.S. Here, there is a significant influx of investments leading to the creation of high-paying manufacturing jobs. Erwin and his clients are poised to capitalize on these opportunities where landlord rights are stronger and there is no rent control.
To facilitate this transition, Erwin has partnered with and become a client of SHARE, a one-stop-shop U.S. Asset Manager. Founded by Canadians for Canadians, SHARE enables as passive an ownership experience as possible for landlords in the U.S., while still maintaining direct, 100% ownership.
Erwin is “Making Real Estate Investing Great Again”!!
Website: https://www.infinitywealth.ca/
Facebook: https://www.facebook.com/iwinrealestate and https://www.facebook.com/ErwinSzetoOfficial
Podcast: https://www.truthaboutrealestateinvesting.ca/
Instagram: https://www.instagram.com/iwinrealestate/ and https://www.instagram.com/erwinszeto/
Presentation to Windust Meadows HOA Board of Directors June 4, 2024: Focus o...Joseph Lewis Aguirre
Presentation to Windust Meadows HOA Board of Directors June 4, 2024: Focus on Public Safety as Job #1, Engagement, Wealth of HOA, Branding, Communication, Culture, Civic Responsibility
1. NET LEASED INVESTMENT OFFERING
PNC Bank (Ground Lease)
1996 Freedom Parkway
Washington, IL 61571 (Peoria MSA)
www.bouldergroup.com
2. TABLE OF CONTENTS
NET LEASED INVESTMENT OFFERING
TABLE OF CONTENTS
1)
Confidentiality & Disclaimer
2)
Executive Summary
3)
Property Overview
4)
Aerial
5)
Site Plan
6)
Maps
7)
Tenant Profile
8)
Demographic Comparison Report
9)
Location Overview
10)
Contact Information
www.bouldergroup.com
3. CONFIDENTITALITY & DISCLAIMER
NET LEASED INVESTMENT OFFERING
CONFIDENTIALITY & DISCLAIMER
The information contained in the following Offering Memorandum is proprietary and strictly confidential. It is intended to
be reviewed only by the party receiving it from The Boulder Group and should not be made available to any other person
or entity without the written consent of The Boulder Group. This Offering Memorandum has been prepared to provide
summary, unverified information to prospective purchasers, and to establish only a preliminary level of interest in the
subject property. The information contained herein is not a substitute for a thorough due diligence investigation. The
Boulder Group has not made any investigation, and makes no warranty or representation. The information contained
in this Offering Memorandum has been obtained from sources we believe to be reliable; however, The Boulder Group
has not verified, and will not verify, any of the information contained herein, nor has The Boulder Group conducted any
investigation regarding these matters and makes no warranty or representation whatsoever regarding the accuracy
or completeness of the information provided. All potential buyers must take appropriate measures to verify all of the
information set forth herein.
www.bouldergroup.com
4. EXECUTIVE SUMMARY
NET LEASED INVESTMENT OFFERING
EXECUTIVE SUMMARY
The Boulder Group is pleased to exclusively market for sale a single tenant PNC Bank ground lease located in Washington,
Illinois. The PNC Bank is located on a 58,730 square foot parcel and was built in 2007. This ground lease is an outparcel to
a Wal-Mart Supercenter and is adjacent to a Menards. The ground lease features rare 14% rental escalations every five years
throughout the primary term and renewal option periods. Washington is 10 miles east of Peoria, the home of Caterpillar,
which employs approximately 17,000 people.
The property is located along US 24 and benefits from its position on the hard corner of a signalized intersection. The
intersection of Freedom Parkway and US 24 experiences traffic counts in excess of 21,000 vehicles per day. Over 9,000
cars travel in and out of the shopping center which features Wal-Mart, Menards and PNC Bank daily. The property is located
within the primary retail trade area that includes retailers such as Wal-Mart Supercenter, Menards, Kroger, Tractor Supply,
AutoZone, Advance Auto Parts and Dollar General.
The PNC Bank ground lease is for 20 years and expires in December 2028. The lease features 14% rental escalations
every five years throughout the primary term and renewal options. There are three 10-year renewal option periods. PNC is a
publicly traded company on the New York Stock Exchange (PNC), with a market capitalization in excess of $43 Billion. PNC
is an investment grade company with a Standard & Poor’s rating of A-.
INVESTMENT HIGHLIGHTS
• Investment grade rated company (Standard & Poor’s: A-)
• Rare 14% rental escalations every five years throughout the primary term and renewal options
• Superior bank branch deposits
• Long term ground lease with approximately 15 years remaining
• Three 10-year renewal options
• Positioned on the hard corner of a signalized intersection
• Average household income in excess of $79,000 within five miles of
the property
• No landlord responsibilities
• Outparcel to a Wal-Mart Supercenter and adjacent to a Menards
• Other retailers in the immediate vicinity include Kroger, Tractor Supply, AutoZone Advance Auto Parts and Dollar General
www.bouldergroup.com
5. PROPERTY OVERVIEW
NET LEASED INVESTMENT OFFERING
PROPERTY OVERVIEW
Price:
$1,172,571
Cap Rate:
5.25%
Rent Schedule:
NOI
Escalation Date
$61,560
$70,178
1/1/2019
$80,003
1/1/2024
$91,203
1/1/2029 (Option 1)
$103,972
1/1/2034 (Option 1)
$118,528
1/1/2039 (Option 2)
$135,122
1/1/2044 (Option 2)
$154,039
1/1/2049 (Option 3)
$175,605
1/1/2054 (Option 3)
Renewal Options:
Three 10-Year
Renewal Escalations:
14% increases every 5 years
Lease Commencement Date:
December 15, 2008
Lease Expiration Date:
December 31, 2028
Tenant:
PNC
Credit Rating:
A- (Standard & Poor’s)
Year Built:
2008
Lease Type:
Ground Lease - NNN
Rentable Square Feet:
3,501
Land Size:
58,730 SF
Assignment & Subletting:
Tenant has the right to assign or sublease the property to any
tenant with a financial net worth in excess of $25,000,000
www.bouldergroup.com
9. TENANT PROFILE
NET LEASED INVESTMENT OFFERING
TENANT PROFILE
PNC Financial Services is a diversified financial services company in the United States. PNC is engaged in retail
banking, corporate and institutional banking, asset management, and residential mortgage banking. PNC provides
deposit, lending, cash management, and investment services to more than 6 million consumer and small business
customers across 19 states and the District of Columbia. PNC is the fifth largest bank in the United States (total
branches) with more than 2,700 branches and 7,400 ATM machines. PNC is publicly traded on the New York Stock
Exchange as PNC and has a market capitalization in excess of $43 billion.
Website:
Credit Rating:
Stock Symbol:
Number of Locations:
Market Capitalization:
www.pnc.com
A- (S&P)
PNC (NYSE)
2,700+
$43 Billion
www.bouldergroup.com
10. DEMOGRAPHIC COMPARISON REPORT
NET LEASED INVESTMENT OFFERING
DEMOGRAPHIC COMPARISON REPORT
Population
Total Population
Total Households
3-mi
5-mi
7-mi
22,680
8,929
43,150
16,949
87,064
35,085
$57,673
$72,299
$63,411
$79,574
$52,492
$69,285
Income
Median Household Income
Average Household Income
www.bouldergroup.com
11. LOCATION OVERVIEW
NET LEASED INVESTMENT OFFERING
LOCATION OVERVIEW
Washington is a located in Tazewell County, Illinois. According to the 2010 census there
Washington and Tazewell County had a population of 15,134 and 135,394 respectively.
Washington is located 10 miles east of Peoria and is part of the Peoria Metropolitan Statistical Area.
Peoria is the largest city on the Illinois River and the county seat of Peoria County, Illinois. As
of the 2010 census, the city was the seventh-most populated in Illinois, with a population of
115,007. The Peoria MSA had a population of 373,590 in 2011, making it the third largest
metropolitan area in the state after the Chicago metropolitan area and the Metro-East portion
of the St. Louis metropolitan area.
Peoria is the world headquarters for Caterpillar Inc., one of the 30 companies composing
the Dow Jones Industrial Average. Caterpillar employs over 125,000 people world-wide, of which 15,000+ are
located in Peoria. Other significant employers in the area include the Methodist Medical Center, OSF Saint
Francis Medical Center, and the Peoria School District. Peoria is also home to Bradley University (6,000 students)
and Illinois Central College (12,000 students). The Embassy Suites and Riverfront Conference Center, which is
located across from the subject property, caters to the Caterpillar World Headquarters, Bradley University, and
Peoria Civic Center. The Embassy Suites and Riverfront Conference Center is ideal for East Peoria meetings and
events and boasts a 50,000 square foot conference center.
www.peoriagov.org
www.bouldergroup.com
12. CONTACT INFORMATION
NET LEASED INVESTMENT OFFERING
CONTACT INFORMATION
666 Dundee Road, Suite 1801
Northbrook, IL 60062
Randy Blankstein
President
847.562.0003
rblank@bouldergroup.com
Jimmy Goodman
Partner
847.562.8500
jimmy@bouldergroup.com
www.bouldergroup.com