Our Net Lease Portfolio
Citibank
Citibank
Situated at 3535 N. Central Avenue in Chicago, Illinois, this Citibank Branch offers 4,682 square feet of space. Built in 1972 and updated in 2005, the property has consistently remained occupied and was fully occupied as of December 31, 2023. Acquired in March 2024, an independent appraisal valued the property at $2.4 million, reflecting an acquisition cap rate of 5.5%.
DST Offering
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Occupancy
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Square Footage
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Acres
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Key Highlights
As of March 31, 2024
Street Address
3535 N, Central Avenue
City /State
Ghicago, IL
Building Square Footage
4,1682
Land Area
0.5 acres
Annual Escalator
2.0%
Lease Length
7.5 yrs
Base Rent PSF
$28.30
DST Offering
$2,500,000
Cook Country 2024 Population
5,6062,578
Cook Country Population Growth since 2020
(3.8%)
Cook Country Average Household Income
$78,304
Cook Country Unemployment Rate
5.2%
