AT&T Corporate Office | Chicago, IL

For Sale

AT&T Corporate Office | Chicago, IL

Asking Price: $17,060,000 | Cap Rate: 7.2%

• Net Operating Income: $1,228,608
• Weighted Avg. Lease Term (WALT): 6 Years
• Lease Type: Absolute Net

Property Highlights

• Corporate credit lease with annual increases providing stable and growing cash flow
• High barrier to entry location, in-fill market with substantial household incomes
• AT&T has invested millions into capital improvements making this one of AT&T’s most advanced contact centers in the country.
• AT&T (S&P: BBB) corporate lease was recently extended for an additional six years (through April 2027), which provides stable and growing cash flow due to annual rental increases