2601 W Schaumburg Rd
Schaumburg, IL 60194
Retail Property For Sale

LONG TERM CORPORATE LEASE WITH RARE ANNUAL 1.5% RENT INCREASES - 13 Years Remaining on a 14-Year Absolute NNN lease with rare annual 1.5% increases. There are an additional five, 5-Year Renewal Option Periods. ABSOLUTE NNN LEASE - The Absolute NNN lease structure provides an investor with a long-term, passive income stream with no landlord maintenance responsibilities whatsoever. INVESTMENT GRADE TENANT - First Midwest Bank, the Tenant under the Lease, carries a Credit Rating of BBB/Stable from S&P and A2 from Moody's, which is higher than the parent company (First Midwest Bancorp, Inc.).(1) FIRST MIDWEST BANK CORPORATE LEASE - First Midwest Bancorp, Inc.(1) has over $14 Billion in assets, $11 Billion in trust assets and a net worth of $1.86 Billion - Voted Best Bank in Illinois in 2017 by Money Magazine - One of the largest independent publicly-traded banks (NASDAQ: FMBI) in the Midwest with over 130 locations in the metropolitan Chicago, northwest Indiana, central and western Illinois and eastern Iowa - Acquired National Bank & Trust in 2015 and Standard Bancshares, Inc. in 2017, adding $3.3 Billion in total assets and strengthening the company's market position in the Chicago MSA - Winner of multiple J.D. Power Awards for highest customer satisfaction (1) All financial data shown above is for First Midwest Bancorp, Inc., which does not guarantee the Lease. First Midwest Bank is the Tenant under the Lease, which has a higher credit rating than the parent company. Sources: www.firstmidwest.com, Yahoo Finance, Standard & Poor’s, Moody’s.