Sale of a 20 year NNN ground-lease new construction Fifth Third Bank in Oak Lawn

Imperial Realty is pleased to announce the sale of a 20 year NNN ground-lease new construction Fifth Third Bank in Oak Lawn, Illinois. This was a relocation site just steps from the previous branch where deposits were $1.27 Billion in 2021, ranking it 3rd in deposits in Illinois and 11th nationally. A 1031 buyer closed on the deal 35 days after hitting the market. Great work Drew Neems and Theron May.