15411 S La Grange Rd
Orland Park, IL 60462

11 YEAR GROUND LEASE | INVESTMENT GRADE TENANT
The PNC Bank ground lease has 11 years of lease term remaining and provides for zero landlord responsibility. PNC Bank boasts an investment grade credit profile with an A rating from S&P and A2 from Moody’s providing investors with durable cash flow.

EXERCISED 10 YEAR OPTION | INVESTED IN NEW PARKING LOT
PNC demonstrated its commitment to the site by exercising a 10-year extension option in 2024 and has operated at this site for 20 years. The tenant also completed a complete parking lot renovation at its own expense.

OUTLOT TO DOMINANT POWER CENTER | 4.8 MILLION VISITS PER YEAR
| ADJACENT TO TROPHY GROCERS
PNC Bank is situated on an outlot to Orland Park Place, a power center anchored by Dick’s Sporting Goods (#5 ranked store in Illinois by visits), Nordstrom Rack, Steinhafels, and Barnes & Noble (#1 ranked location in Illinois by visits). Visits at the center are up 3% over the previous year and contribute to increased customer draws to PNC Bank. Additional traffic drivers are located across La Grange Road, with national grocer’s Whole Foods and Trader Joes. These trophy grocery locations add an additional 1.5 million annual visits to the trade area.

RARE 10 YEAR OPTION PERIODS
The offering includes rare 10-year option periods that provide for improved long term financing terms. This also gives the landlord increased leverage over lease negotiations compared to traditional 5-year options. Additionally, there are 10% rent escalations every 5 years, providing an accretive cash flow and a hedge against any inflationary pressures.

AFFLUENT DEMOGRAPHIC PROFILE
Orland Park is a premier suburban Chicago community located 25 miles south of the city. The community received an “A” rating by Niche in 2024, based on the quality of education, safeness, and employment opportunities, and was also listed as one of the best places to live in Chicago by Chicago Magazine in 2023. Residents within a 5-mile radius of the subject property enjoy an average household income of $133,379 and home values of $333,386.