5600 Pearl Street, Rosemont, IL 60018
Zetabid is is accepting offers on this single tenant office building 100% leased to the U.S. Government (GSA) through 2035 (Department of Homeland Security (DHS) and US Customs and Border Patrol/TSA). The Property was built to suit for the current tenant and constructed in 2006 strategically located adjacent to Chicago’s O’Hare airport which is a core base of operations for the tenant. A new fifteen (15) year lease was recently signed commencing August of 2020 with several million dollars of tenant improvements completed.
This building contains an armory, seized property vault, firearms and K9 unit training facilities, evidence and interview rooms and general office space. This location was chosen do to the adjacency to O’Hare International Airport, the forth largest airport in the world (2021 passenger volume). Given it’s strategic location, tenant commitment to a new long term lease, tenant specific construction, this represents a secure stable long-term investment opportunity.
Please visit our due diligence vault to review the lease and amendments, 2020-2022 financial statements (expenses), accounting general ledgers and other key data.
Transaction is part of an IRS Section 170 Bargain Sale to a nonprofit with proceeds benefiting Make A Wish, DAV, and St Jude's Children's Hospital.