ABSOLUTE NNN CHASE BANK GROUND LEASE - OFFERING MEMORANDUM
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CAPITAL MARKETS NET LEASE PROPERTY GROUP — MIDWEST
OFFERING MEMORANDUM
ABSOLUTE NNN CHASE BANK GROUND LEASE
3250 Kirchoff Road | Rolling Meadows, Illinois 60008
AFFILIATED BUSINESS DISCLOSURE AND CONFIDENTIALITY AGREEMENT
AFFILIATED BUSINESS DISCLOSURE benefit in determining whether you desire to express materials, in summary form. These summaries may
further interest in the acquisition of the Property, (ii) not be complete nor accurate descriptions of the full
Affiliated Business Disclosure CBRE, Inc. you will hold it in the strictest confidence, (iii) you agreements referenced. Additional information and
operates within a global family of companies will not disclose it or its contents to any third party an opportunity to inspect the Property may be made
with many subsidiaries and related entities (each without the prior written authorization of the owner available to qualified prospective purchasers. You
an “Affiliate”) engaging in a broad range of of the Property (“Owner”) or CBRE, Inc., and (iv) are advised to independently verify the accuracy
commercial real estate businesses including, but you will not use any part of this Memorandum in and completeness of all summaries and information
not limited to, brokerage services, property and any manner detrimental to the Owner or CBRE, contained herein, to consult with independent legal
facilities management, valuation, investment fund Inc. If after reviewing this Memorandum, you have and financial advisors, and carefully investigate
management and development. At times different no further interest in purchasing the Property, kindly the economics of this transaction and Property’s
Affiliates, including CBRE Global Investors, Inc. or return it to CBRE, Inc. suitability for your needs. ANY RELIANCE ON THE
Trammell Crow Company, may have or represent CONTENT OF THIS MEMORANDUM IS SOLELY
clients who have competing interests in the same AT YOUR OWN RISK.
transaction. For example, Affiliates or their clients DISCLAIMER
may have or express an interest in the property The Owner expressly reserves the right, at its
described in this Memorandum (the “Property”), This Memorandum contains select information sole discretion, to reject any or all expressions of
and may be the successful bidder for the Property. pertaining to the Property and the Owner, and interest or offers to purchase the Property, and/
Your receipt of this Memorandum constitutes does not purport to be all-inclusive or contain or to terminate discussions at any time with or
your acknowledgment of that possibility and your all or part of the information which prospective without notice to you. All offers, counteroffers,
agreement that neither CBRE, Inc. nor any Affiliate investors may require to evaluate a purchase of and negotiations shall be non-binding and
has an obligation to disclose to you such Affiliates’ the Property. The information contained in this neither CBRE, Inc. nor the Owner shall have
interest or involvement in the sale or purchase of Memorandum has been obtained from sources any legal commitment or obligation except as
the Property. In all instances, however, CBRE, Inc. believed to be reliable, but has not been verified set forth in a fully executed, definitive purchase
and its Affiliates will act in the best interest of their for accuracy, completeness, or fitness for any and sale agreement delivered by the Owner.
respective client(s), at arms’ length, not in concert, particular purpose. All information is presented “as
or in a manner detrimental to any third party. CBRE, is” without representation or warranty of any kind. ALL PARCEL LINES ON SITE PLAN AND AERIALS
Inc. and its Affiliates will conduct their respective Such information includes estimates based on ARE APPROXIMATE.
businesses in a manner consistent with the law and forward-looking assumptions relating to the general
all fiduciary duties owed to their respective client(s). economy, market conditions, competition and other
factors which are subject to uncertainty and may
not represent the current or future performance
CONFIDENTIALITY AGREEMENT of the Property. All references to acreages,
square footages, and other measurements are
Your receipt of this Memorandum constitutes approximations. This Memorandum describes
your acknowledgment that (i) it is a confidential certain documents, including leases and other
Memorandum solely for your limited use and
2 CHASE BANK — ROLLING MEADOWS, IL
OFFERING MEMORANDUM
P R I M A R Y C O N TA C T
MICHAEL KAIDER
First Vice President/NNN Specialist
+1 630 573 7015
michael.kaider@cbre.com
CBRE
700 Commerce Drive
Suite 450
Oak Brook, IL 60523
DEBT & STRUCTURED FINANCE
GEOFFREY HARRIS CBRE
Senior Vice President 2575 East Camelback Road
+1 602 735 5615 Suite 500
geoffrey.harris@cbre.com Phoenix, AZ 85016
TABLE OF CONTENTS
05 10 14
EXECUTIVE PROPERTY MARKET
SUMMARY DESCRIPTION OVERVIEW
1
INVESTMENT
SUMMARY
THE OFFERING
CBRE’s Net Lease Property Group is pleased to exclusively present the Additional tenants within the center include Dollar Tree, Great Clips, Pizza,
outstanding opportunity to acquire 100% fee interest in an absolute NNN Hut, and McDonald’s. Chase Bank serves a dense and affluent demographic
Chase Bank ground lease. The asset is located in the Rolling Meadows, a profile. Chase Bank serves a strong demographic profile with approximately
northwest suburb approximately 28 miles from Chicago’s Central Business 293,941 residents earning an average household income of $101,502
District. The long-term lease has over 13 years of term remaining, zero within a five-mile radius.
landlord responsibilities, and strong rental increases throughout the base
term and option periods. Chase is the U.S. consumer and commercial banking branch of JPMorgan
Chase. Their consumer services include credit cards; home, auto and
The site is well located on Kirchoff Road (12,800 VPD), just east of Illinois education finance; and insurance. Their commercial banking services include
Route 53 (161,400 VPD). There are several access points on Kirchoff Road, middle market, corporate, commercial real estate, and business credit. Parent
allowing customers to easily navigate to the asset. Chase Bank is located on company JPMorgan Chase (NYSE: JPM) is ranked #21 on the Fortune 500
an outparcel to a Jewel-Osco anchored center. Jewel-Osco is the #1 grocer list and has operations in over 60 countries. JPMorgan Chase currently has
in the Chicago metropolitan area with an estimated 28% market share. approximately $2.5 Trillion in assets.
EXECUTIVE SUMMARY 5
FINANCIAL OVERVIEW
Offering Price $3,674,000
Cap Rate 4.85%
CHASE BANK RENT SCHEDULE
Annual Rent 178,200.00
Lease Structure Absolute NNN Ground Lease Original Term Monthly Annual
Rent Rent
Building Size 3,800 Square Feet Years 1 - 5 10/17/2011 to 10/31/2016 $13,750 $165,000
Land Area ±0.809 Acres / 35,275 SF
Years 6 - 10 11/1/2016 to 10/31/2021 $14,850 $178,200
Year Built 2010
Years 11 - 15 11/1/2021 to 10/31/2026 $16,038 $192,456
Tenant JPMorgan Chase Bank, N.A.
Years 16 - 20 11/1/2026 to 10/31/2031 $17,321 $207,852
Original Lease Term 20 Years
Lease Term Remaining 13 Years, 3 Months
Renewal Term Monthly Annual
Rent Rent
Lease Term Commencement September 14, 2010
Option 1: 21 - 25 11/1/2031 to 10/31/2036 $18,707 $224,484
Rent Commencement October 17, 2011
Option 2: 26 - 30 11/1/2036 to 10/31/2041 $20,203 $242,436
Lease Expiration October 31, 2031
Renewal Options Four, 5-Year Options Option 3: 31 - 35 11/1/2041 to 10/31/2046 $21,820 $261,840
8% every 5 years in base term Option 4: 36 - 40 11/1/2046 to 10/31/2051 $23,565 $282,780
Rental Increases and 8% at the beginning of each
renewal option.
Landlord Responsibilities None
6 CHASE BANK — ROLLING MEADOWS, IL
INVESTMENT HIGHLIGHTS
Long Term Corporate Opportunity: The opportunity to acquire 100% fee interest in a long term absolute NNN Chase Bank ground
lease. The 20-year corporate guaranteed lease has over 13 years of term remaining with zero landlord responsibilities and 8% rental increases
every five years during the base term and in each option period.
Investment Grade Tenant: Rated Aa3 by Moody’s, Chase Bank is the U.S. consumer and commercial banking branch of JPMorgan Chase
& Co. With about $2.5 trillion in assets, JPMorgan Chase & Co. is a leading global financial services firm with operations in over 60 countries.
Strong Deposits: This branch reports above average deposits for a suburban Chase location in the Chicago MSA. Please contact Michael
Kaider for more information.
Strong Grocery Shadow Anchor: Chase Bank is shadow anchored by Jewel-Osco, the #1 grocer in the Chicago metropolitan area with
an estimated 28% market share. The regional chain operates 187 combination food-and drug stores throughout Illinois, Northwest Indiana,
and Iowa. Jewel-Osco is owned by Albertsons Companies, one of the largest food and drug retailers in the United States, with more than 2,300
stores across 35 states and the District of Columbia.
High Traffic Location: Chase Bank is located on Kirchoff Road and benefits from 12,800 vehicles passing the site daily. The site is less than
one mile east of Illinois Route 53 (161,400 VPD), a major thoroughfare in the northwestern suburbs that connects to Interstate 90 and 290.
Outstanding Access and Visibility: Chase Bank is highly visible with no impeding outlots and benefits from a signalized ingress/egress
access point next to the site. There are several additional access points via the surrounding shopping center.
Powerful Area Demographics: The surrounding area has a dense and affluent demographic profile, with a stable customer base. Within
three miles of the asset is a population of 99,944 residents with an average household income of $108,089; within five miles is a population of
293,941 residents with an average household income of $101,502 – nearly 34% and 26% higher than the national average, respectively.
Robust Chicago MSA: Chase Bank is located approximately 28 miles northwest of downtown Chicago. Chicago is home to the third largest
economy and is the third most populous MSA in the nation (Chicago MSA Population: 9.68 million). The city’s vibrant business climate, central
geographic location, diversified economy, and available human resources have helped Chicago achieve a prominent position as a world class
city in finance, international trade, manufacturing, transportation, culture, and the arts.
EXECUTIVE SUMMARY 7
AERIAL VIEW LOOKING SOUTHWEST 8 CHASE BANK — ROLLING MEADOWS, IL
REGIONAL MAP
CHASE
BANK
EXECUTIVE SUMMARY 9
2 PROPERTY
DESCRIPTIONTENANT PROFILE
JPMorgan Chase Bank, N.A.
Chase Bank is the U.S. consumer and commercial banking business of JPMorgan Chase & Co. Chase serves nearly half of America’s households through
more than 5,100 bank branches, 16,000 ATMs, mortgage offices, and online and mobile banking. Chase offers a broad range of financial services
including personal banking, credit cards, mortgages, auto financing, investment advice, small business loans, and payment processing.
About Parent Company JPMorgan Chase & Co.
With about $2.5 trillion in assets, JPMorgan Chase & Co. is a leading global financial services firm with operations in over 60 countries. It is one of the
oldest financial institutions in the United States with a history dating back over 200 years. Today, JPMorgan Chase & Co. serves millions of consumers,
small businesses, and many of the world’s most prominent corporate, institutional, and government clients. It also boasts formidable investment banking
and asset management operations. The firm’s subsidiaries include the prestigious JPMorgan Private Bank and institutional investment manager JPMorgan
Asset Management. JPMorgan Chase & Co. had a 2017 revenue of more than $99.6 Billion.
2017 Highlights & Accomplishments
• Consumer relationship with almost half of U.S. households
• #1 in primary bank relationships within its Chase footprint
• Consumer deposit volume has grown at more than twice the industry
average since 2012
5,100 #21 on the Stock Symbol
• #1 most visited banking portal in the U.S. — chase.com
Branches Fortune 500 NYSE: JPM
• #1 in Retail Banking for five years in a row (Kantar TNS)
• #1 ATM network in the U.S.
• #1 credit card issuer in the U.S.
• #1 U.S. co-brand credit card issuer
• #1 in total U.S. credit and debit payments in volume
• #1 wholly-owned merchant acquirer
• #2 jumbo mortgage originator
Employees #55 on the S&P Rating
250,000 • #3 bank auto lender
Fortune Global 500 A+/Stable
• 2017 Bank Brand of the Year (The Harris Poll)
PROPERTY DESCRIPTION 11SITE PLAN 12 CHASE BANK — ROLLING MEADOWS, IL
PROPERTY DESCRIPTION
3250 Kirchoff Road
Location: Rolling Meadows, Illinois 60008
(Cook County)
General Description: One-story, single tenant building
Size: 3,800 Square Feet
Assessor’s Parcel Number: 02-36-100-007
Land Area: ±0.809 Acres / 35,274 Square Feet
Number of Parking Spaces: 25 spaces
C-2 General Commercial Services
Zoning:
District
±150 linear feet of frontage on Kirchoff
Frontage:
Road.
The Property is accessible via four curb
cuts along Kirchoff Road. The Property
Access: can also be accessed through the
shopping center from a curb cut on
Meadow Drive.
According to the flood hazard maps
published by the FEMA, the site is within
Zone X as indicated on Community
Flood Zone: Map Panel No. 17031C0184J dated
August 19, 2008. Zone X, an area that
is determined to be outside the 100-and
500-yearflood plains.
Generally surrounded by single-
Surrounding Uses: family residential as well as retail
developments.
Kirchoff Road 12,800 VPD
Traffic Counts:
Illinois Route 53 161,400 VPD
PROPERTY DESCRIPTION 133 MARKET
OVERVIEWROLLING MEADOWS OVERVIEW
Chase Bank is well located in the Chicago suburb of Rolling Meadows, Illinois, approximately 28 miles northwest from downtown Chicago, 14 miles northwest
of O’Hare International Airport, and 38 miles northwest of Midway International Airport. Rolling Meadows was incorporated in 1955. The affordable
homes were constructed for World War II veterans and their families and Chicago residents looking for a suburban lifestyle. Today, Rolling Meadows is a
growing, diverse community with 24,639 residents. Neighboring communities include Arlington Heights, Palatine, Mount Prospect, Schaumburg, and Elk
Grove Village.
The city of Rolling Meadows near public transportation and interstate system. Metra’s Union Pacific Northwest line runs along the northern border of the city,
with the Palatine, Arlington Park, and downtown Arlington Heights stations being the closest for residents. Illinois Route 53 (161,400 VPD) runs north-south
through the city, connecting to Interstate 290 near the south border. Interstate 90 is another major thoroughfare in the Chicago MSA that runs through
Rolling Meadows. With several major thoroughfares nearby, residents can easily navigate throughout the Chicago suburbs and to downtown.
Rolling Meadows is situated near Woodfield ROLLING MEADOWS HAS THE FOLLOWING CHARACTERISTICS:
Mall and Arlington International racetrack. • Average household income is $88,924; median household income is $65,965.
The Woodfield Mall anchors a 6.8-million-
square-foot retail corridor and is the largest • 45% of homes have an average household income above $75,000 and 30% have an average
shopping center in the state of Illinois and household income above $100,000.
one of the largest in the United States. The
• Average housing value is $284,180 and median housing value is $248,361. Approximately 16% of
mall was originally developed by Taubman
housing is valued at more than $400,000.
Centers, who later sold the mall to CalPERS,
Miller Capital Advisory, and Simon Property • Rolling Meadows residents are well educated. 43% of residents age 25 and over have an Associate’s
Group. The mall opened in 1971 with 59 degree or higher, as compared to the U.S. average of 39%. 12% have a Graduate or Professional
stores and had grown to 189 stores with 1.9 degree which is in-line with the national average.
square feet by 1973. The GLA of the mall
today is more than 2.2 million square feet and THE PRIMARY TRADE AREA HAS THE FOLLOWING CHARACTERISTICS:
it is a highly visited tourist destination in the • The three-mile trade area had an estimated 2017 population of 99,944 in 40,047 households.
Chicago MSA, with about 27 million annual
• The area’s average household income is $108,089 which is 34% higher than the U.S. average
visitors. Woodfield Mall features nearly 300
household income of $80,675. Approximately 41% of households have an average household
stores and is anchored by JCPenney, Lord &
income above $75,000 and 13% have an average household income above $150,000.
Taylor, Macy’s, Nordstrom and Sears. The
corridor is also home to the larger of only two • 70% of the households are owner occupied. Average and median home values are $356,328 and
IKEA stores in the Chicagoland area (450,000 $313,602, respectively.
SF). Woodfield Mall and IKEA are both
approximately four miles southwest of Chase • Residents are well educated. 58% of residents age 25 and over have an Associate’s degree or
Bank. higher, and 19% have a Graduate or Professional degree.
MARKET OVERVIEW 15CHICAGO MSA OVERVIEW
Chicago is one of the most attractive and dynamic markets in the nation. Investor Services. Chicago has one of the world’s largest economies with
Chicago boasts an attractive retail market, with the third largest economy nearly 4.6 million employees and a gross regional product of more than
in the nation and over $121.9 billion in annual retail sales (2016 metro $640 billion, which places the Chicago economy as the 22nd largest in the
Chicago sales; Melaniphy). The market’s vibrant business climate, central world. Due to this economic diversification, Chicago Tends to experience
geographic location, diversified economy and available human resources fewer seasonal and cyclical peaks and valleys and is somewhat insulated
have helped Chicago achieve a prominent position as a world-class city in against major downturns.
finance, international trade, manufacturing, transportation, culture and the
arts. The Windy City, as it has been nicknamed, welcomes in over 52 million
international and domestic visitors each year who come to see attractions
The Chicago MSA has matured into a broad-based and diversified economy including Chicago’s numerous parks, art galleries, architectural wonders,
that was rated the #1 Largest US Metro for Economic Diversity by Moody’s professional sports teams, universities, and more.
3RD 9.7 22nd
Largest City in the USA Million People Largest Metropolitan Area
in the World
47% 332,500 4.9 Million 34 FORTUNE 500
Headquarters in Chicago
Chicago population under the Businesses in the People employed in the
Or Neighboring Cities
Age of 35 Chicago MSA Chicago MSA
400+ 52 FORTUNE 1000
20th #1 Largest US Metro
Headquarters Headquarters in Chicago for Economic Diversity
LARGEST
of Major Corporations Or Neighboring Cities — Moody’s Investor Services.
Global Economy In The World
3RD LARGEST
37 42% NEARLY
218
Intermodal Container
Handler MEDIAN of the American 40M of the
“Fastest Growing Companies”
in the United States are located
AGE OF population lives within
In the world after People visit in the Chicago metro area
Hong Kong and Singapore CHICAGO 750 miles of Chicago Chicago Annually – Inc. Magazine
16 CHASE BANK — ROLLING MEADOWS, ILCHICAGO MSA OVERVIEW
TRANSPORTATION
WHY CHICAGO? Chicago is one of the primary transportation hubs in the United States. Chicago
is home to O’Hare International Airport, the 3rd busiest airport in the nation.
•C
hicago has a strong, globally diverse economy larger than that According to the Chicago Department of Aviation, in 2016 the airport serviced
of many countries.
nearly 78 million passengers to and from 208 destinations around the world via
more than 48 passenger carriers. Chicago is also home to Midway International
•C
hicago’s industry mix most closely matches that of the nation,
with no single industry employing more than 20% of the work- Airport, which serviced more than 22 million passengers via five passenger
force. carriers to 75 destinations in the US, Mexico, Jamaica, the Dominican Republic
and Canada.
•C
hicago is one of the most cost-effective cities in the world for
doing business, ahead of New York and Los Angeles, according Several major interconnected expressways and interstate highways pass though
to KPMG.
the Chicago area. Interstates 80, 88 and 290 are the main east/west routes.
Interstates 55 and 57 provide access to the south and southwestern suburban
•C
hicago’s affordable cost of living and world-class cultural and
recreational opportunities make it an excellent value for the areas. Communities to the north and northwest are accessed via Interstates 90
city’s vibrant and diverse workforce. and 94. North/south travel between the western suburbs is facilitated by Interstates
294 and 355.
•C
hicago is a central transportation hub with direct flights be-
tween more than 200 cities worldwide, and direct connections
to six major U.S. Interstates.
•C
hicago is hub of international business activity, with more than
1,800 foreign-based companies and more than $100 billion in
foreign direct investment.
DEMOGRAPHICS
The Chicago metropolitan statistical area is home to over 9.68 million
residents, making it the third most populous MSA in the nation. The
population is projected to grow 1.53% over the next five years to 9.83
million. Residents earn an average household income of $92,004;
more than 8% higher than the state average of $84,983 and nearly
14% higher than the national average of $80,675.
MARKET OVERVIEW 17CHICAGO MSA OVERVIEW
DEEP AND EDUCATED LABOR POOL ALL LOCATED WITHIN THE CHICAGO MSA
The Chicago MSA is well education with 60 colleges and universities
in the area. Chicago also has a higher population under the age
of 24 than New York, San Francisco, Washington D.C., Los Angeles,
Boston, and Philadelphia.
TOP 10 GRADUATE BUSINESS SCHOOLS
RANK SCHOOL
1 (Tie)................................................................... Harvard University, Boston, MA
1 (Tie).................................University of Pennsylvania (Wharton), Philadelphia, PA
3.......................................................... University of Chicago (Booth), Chicago, IL
4 (Tie).................... Massachusetts Institute of Technology (Sloan), Cambridge, MA
4 (Tie)............................................Northwestern University (Kellogg), Evanston, IL
4 (Tie)................................................................Stanford University, Standford, CA
7.......................................... University of California-Berkley (Haas), Berkeley, CA
8.............................................................Dartmouth College (Tuck), Hanover, NH
9........................................................................ Yale University , New Haven, CT
10...................................................................Columbia University, New York, NY
Source: US News & World Report, 2017
#2 Best City to Get a College Degree
- The A.T. Kearney Global Cities Index
65,000 60 Colleges 325,000
in downtown or Universities in Students
Chicago alone the Chicago MSA
18 CHASE BANK — ROLLING MEADOWS, ILCHICAGO MSA OVERVIEW
FORTUNE 500 COMPANIES IN THE CHICAGO MSA
RANK COMPANY LOCATION REVENUES ($M)
17 Walgreens Boots Alliance Deerfield, IL $117,351
24 Boeing Chicago, IL $94,571
45 Archer Daniels Midland Chicago, IL $62,346
83 United Continental Holdings Chicago, IL $36,556
84 Allstate Northbrook, IL $36,534
89 Exelon Chicago, IL $31,360
109 Mondelez International Deerfield, IL $25,923
111 AbbVie North Chicago, IL $25,638
112 McDonald’s Oak Brook, IL $24,622
124 US Foods Holding Rosemont, IL $22,919
127 Sears Holdings Hoffman Estates, IL $22,138
135 Abbott Laboratories Abbott Park, IL $20,853
197 Conagra Brands Chicago, IL $14,134
199 CDW Linconshire, IL $13,982
202 Illinois Tool Works Glenview, IL $13,599
277 Discover Financial Services Riverwoods, IL $10,497
281 Baxter International Deerfield, IL $10,163
282 W.W. Grainger Lake Forest, IL $10,137
304 LKQ Chicago, IL $9,082
JUNE 2017 ESTIMATED EMPLOYED POPULATION BY OCCUPATION
322 Tenneco Lake Forest, IL $8,599
2%
Professional & Business Services 337 Navistar International Lisle, IL $8,111
3%
4% Education & Health Services 338 Univar Downers Grove, IL $8,074
19%
5% 359 Anixter International Glenview, IL $7,625
Retail & Wholesale Trade
388 R.R. Donnelley & Sons Chicago, IL $6,896
Government
7% 391 Jones Lang LaSalle Chicago, IL $6,804
Leisure & Hospitality 392 Dover Downers Grove, IL $6,794
8%
Manufacturing 427 TreeHouse Foods Oak Brook, IL $6,175
16%
Financial Activities 433 Motorola Solutions Chicago, IL $6,038
Transportation & Utilities 439 Old Republic International Chicago, IL $5,901
10% 450 Packaging Corp. of America Lake Forest, IL $5,779
Other Services
456 Ingredion Westchester, IL $5,704
15% Construction & Mining
11% 462 Arthur J. Gallagher Itasca, IL $5,595
Information 487 Essendant Deerfield, IL $5,369
MARKET OVERVIEW 19CHICAGO MSA OVERVIEW
CHICAGO ACCOLADES
Top 10 Most Competitive City for Business in the World
The Economist Intelligence Unit
#1 North American City for Foreign Direct Investment
IBM, Global Location Trends, 2017
#1 Top Metro in the U.S. for Corporate Investment
Site Selection, March 2017
Top 21 Best City for Building Wealth
Bankrate.com, 2016
#2 Top Metro in the United States for the Number of Fast Growing
Small Businesses
Inc. 5000 List, 2015
20 CHASE BANK — ROLLING MEADOWS, ILCHICAGO MSA OVERVIEW
TOP EMPLOYERS
COMPANY TOTAL EMPLOYEES
Advocate Health Care System.................................................19,049
Northwestern Memorial Healthcare....................................... 16,667
University of Chicago............................................................ 16,583
JPMorgan Chase & Co...........................................................15,701
Confidential.......................................................................... 13,240
United Continental Holdings Inc.............................................12,994
Walgreens Boots Alliance Inc..................................................12,751
Northwestern University......................................................... 10,847
Presence Health.................................................................... 10,225
Wal-Mart Stores Inc............................................................... 10,220
Abbott Laboratories................................................................. 9,860
Jewel-Osco Stores................................................................... 9,660
University of Illinois.................................................................. 9,566
American Airlines.................................................................... 9,520
Rush University Medical Center................................................ 9,402
Chicago Transit Authority......................................................... 9,373
AT&T....................................................................................... 9,200
University of Chicago Medical Center....................................... 9,161
Allstate Insurance Co................................................................7,670
Employco USA Inc....................................................................7,657
Source: Crain’s Chicago Business Book of Lists, 2018
MARKET OVERVIEW 21AERIAL VIEW LOOKING NORTHEAST 22 CHASE BANK — ROLLING MEADOWS, IL
AERIAL VIEW LOOKING SOUTHEAST
MARKET OVERVIEW 23POPULATION CONCENTRATION MAP
2017 POPULATION
5 MILE
1 Mile 3 Mile 5 Mile
11,355 99,944 293,941
3 MILE
DAYTIME POPULATION
1 MILE
1 Mile 3 Mile 5 Mile
7,057 104,952 195,162
POPULATION PER SQUARE MILE - 2017
Over 2,500
1,000 to 2,500
500 to 1,000
250 to 500
Less than 250
24 CHASE BANK — ROLLING MEADOWS, ILHOUSEHOLD INCOME MAP
2017 AVERAGE
HOUSEHOLD INCOME
5 MILE 1 Mile 3 Mile 5 Mile
$95,416 $108,089 $101,502
3 MILE
HOUSEHOLDS EARNING
1 MILE OVER $75,000 ANNUALLY
1 Mile 3 Mile 5 Mile
2,223 21,312 59,417
AVERAGE HOUSEHOLD INCOME - 2017
Over $100,000
$80,000 to $100,000
$60,000 to $80,000
$40,000 to $60,000
Less than $40,000
MARKET OVERVIEW 25P R I M A R Y C O N TA C T DEBT & STRUCTURED FINANCE MICHAEL KAIDER CBRE GEOFFREY HARRIS CBRE First Vice President/NNN Specialist 700 Commerce Drive Senior Vice President 2575 East Camelback Road +1 630 573 7015 Suite 450 +1 602 735 5615 Suite 500 michael.kaider@cbre.com Oak Brook, IL 60523 geoffrey.harris@cbre.com Phoenix, AZ 85016 © 2018 CBRE, Inc. All rights reserved. This information has been obtained from sources believed reliable, but has not been verified for accuracy or completeness. You should conduct a careful, independent investigation of the property and verify all information. Any reliance on this information is solely at your own risk.
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