Asking Price Contact for pricing
Area Size
NOI Net Operating Income N/A
NIY N/A

Documents

I accept the confidentiality agreement
Create an account on the Investor Center to save your search and investment preferences, save and share opportunities, access exclusive documents, and more. More questions? Visit our FAQ. Approval for Deal Room access requires review by our Broker Team. You will be notified by email once your access is granted. More questions? Visit our FAQ. You'll need to sign a Confidentiality Agreement (CA) to access exclusive documents in the Deal Room. Signing the CA means you agree not to divulge or release sensitive information related to this property. More questions? Visit our FAQ.
I accept the confidentiality agreement I accept the confidentiality agreement
Create an account on the Investor Center to save your search and investment preferences, save and share opportunities, access exclusive documents, and more. More questions? Visit our FAQ. You'll need to sign a Confidentiality Agreement (CA) to access exclusive documents in the Deal Room. Signing the CA means you agree not to divulge or release sensitive information related to this property. More questions? Visit our FAQ.

Attributes

Year Built 2001
Building Area Net

Asset Description

JONES LANG LASALLE AMERICAS, INC. ("JLL"), as exclusive advisor, is pleased to present the opportunity to acquire Bannockburn Corporate Center (the 'Property" or "3000 LAKESIDE"), a 210,533 rentable square foot (RSF) office asset located within Chicago's renowned North Shore. Constructed in 2001, Bannockburn Corporate Center benefits tremendously from comparatively low Lake County taxes and is one of the few post-2000 construction buildings in the North market with a campus-like setting and pristine landscape grounds. Currently 91.5% leased, the Property boasts a dynamic rent roll anchored by two headquarters - Option Care and Donlen. The Property's irreplaceable North Shore location and complete amenity set provide investors the opportunity to acquire a fully stabilized Class A office building featuring a rent roll comprised of household names, publicly traded companies and nearly 6 years of WALT.

Investment Highlights

  • Long Term Cash Flow from Headquarters Tenancy
  • Best-In-Class Amenity Set Drives Leasing Success
  • A Critical North Shore Differentiator: Heated Parking
  • Irreplaceable Location at the Heart of Chicago's Prestigious North Shore
  • Prime Visibility and Access Adjacent to Best-of-the-Best Area Amenities
  • Lake County Tax Advantage
  • Incredible Basis at a Substantial Discount to Replacement Costs
Last Updated Date: 11 Aug 2022

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Last Updated Date: 11 Aug 2022

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