Corporate 500

Leasehold Interest in 700,000± SF North Shore Office Campus

Corporate 500

overview

Corporate 500  | Deerfield, IL

Corporate 500 is a rare opportunity to acquire the leasehold interest in a premier, institutional-grade office campus encompassing approximately 700,000 SF across four buildings. Situated on 31± park-like AC in Deerfield, Illinois, this offering provides investors and users with control of the existing building improvements and benefits of the related operating upside within one of the North Shore’s most established and desirable suburban office markets.

Designed by Shaw & Associates, this campus offers a downtown-quality office experience in a suburban setting, combining professional building design, expansive common areas, abundant underground and surface parking, onsite amenities and outdoor gathering spaces. Currently 72% leased to a diversified roster of more than 37 tenants, the asset combines durable in-place income with compelling upside potential. A weighted average lease term (WALT) of approximately 5.9 years provides income stability, while nearly 197,000± SF of available space offers a significant value-add lease-up opportunity.

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Investment HighlightS

 

# Buildings  | 4

% Leased | 72%

Weighted Average Lease Term | 5.9 Years

Land | 31.38 Acres
  • Approx. 72% leased with a 5.9- year weighted average lease term (WALT) providing durable income & occupancy stability
  • Over 37 tenants across four buildings, representing healthcare, financial services, life sciences, insurance & professional services industries
  • Nearly 197,000± SF of available space creates a compelling lease-up & NOI growth opportunity
  • Immediate access to I-94, I-294, Lake Cook & Deerfield Metra stations, O’Hare & Chicago Executive Airport, & abundant retail, dining & hospitality amenities
  • Campus-style environment with each building offering large floor plates, abundant parking, on-site amenities & flexible tenant configurations

Map | 500-540 Lake Cook Rd, Deerfield, IL 60015

Sales Team

Jamie HookExecutive Vice President405.748.4100jhook@ffncorp.com

Merrie DuncanSenior Vice President405.595.3399mduncan@ffncorp.com

Senior Underwriting Manager
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