Sale of Net-Leased Fifth Third Bank Property in Oswego, Illinois
The Boulder Group completed the sale of a single-tenant ground-leased Fifth Third Bank property at 2660 US Highway 34 in Oswego, Illinois for $3,855,000. The site sits on a high-traffic retail corridor in Kendall County, with about 29,500 vehicles per day passing by, drawing strong buyer interest due to the ground-lease structure, Fifth Third’s credit quality, and 10% rental escalations.