This document provides information on a net leased Fifth Third Bank property located in Northbrook, Illinois. Key details include: - The property is a single-tenant ground lease of a 4,100 SF Fifth Third Bank, an investment grade company. - It has 16 years remaining on the primary lease term with 10% rental escalations every 5 years. - The property is located on a prime retail corridor with high traffic counts and near retailers like Trader Joe's and Nordstrom Rack. - Northbrook is an affluent Chicago suburb with incomes over $152,000 within 3 miles and close proximity to transportation. - The offering is seeking $3,950,000 which represents a

1. NET LEASED INVESTMENT OFFERING
Lease)
Fifth Third Bank (Ground Lease)
240 Skokie Boulevard
Northbrook, IL 60062 (Chicago MSA)
www.bouldergroup.com

2. TABLE OF CONTENTS
NET LEASED INVESTMENT OFFERING
TABLE OF CONTENTS
1) Confidentiality & Disclaimer
2) Executive Summary
3) Property Overview
4) Site Plan
5) Aerials
6) Map
7) Tenant Profile
8) Demographic Comparison Report
9) Location Overview
10) Contact Information
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3. CONFIDENTIALITY & DISCLAIMER
NET LEASED INVESTMENT OFFERING
CONFIDENTIALITY
CONFIDENTIALITY & DISCLAIMER
The information contained in the following Offering Memorandum is proprietary and strictly confidential. It is
intended to be reviewed only by the party receiving it from The Boulder Group and should not be made available to
any other person or entity without the written consent of The Boulder Group. This Offering Memorandum has been
prepared to provide summary, unverified information to prospective purchasers, and to establish only a preliminary
level of interest in the subject property. The information contained herein is not a substitute for a thorough due
diligence investigation. The Boulder Group has not made any investigation, and makes no warranty or
representation. The information contained in this Offering Memorandum has been obtained from sources we
believe to be reliable; however, The Boulder Group has not verified, and will not verify, any of the information
contained herein, nor has The Boulder Group conducted any investigation regarding these matters and makes no
warranty or representation whatsoever regarding the accuracy or completeness of the information provided. All
potential buyers must take appropriate measures to verify all of the information set forth herein.
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4. EXECUTIVE SUMMARY
NET LEASED INVESTMENT OFFERING
EXECUTIVE SUMMARY
The Boulder Group is pleased to exclusively market for sale a single tenant Fifth Third Bank ground lease located in the Chicago
MSA. The property is located in the prestigious North Shore community of Northbrook, which is one of the most affluent Chicago
suburbs. Fifth Third Bank is an investment grade company with a Standard & Poor’s rating of BBB. The property is located in the
primary retail trade area of Northbrook.
The property is located on a 1.17 acre parcel along Skokie Boulevard, which experiences traffic volumes in excess of 21,000
vehicles per day. Additionally, the property is located one-quarter mile from the Lake Cook Road and Interstate 94 interchange.
Interstate 94 experiences traffic volumes in excess of 126,000 vehicles per day. Fifth Third also benefits from having multiple
drive-thru lanes and a drive-thru ATM. The property is located in the primary retail trade area in close proximity to multiple
national tenants. The Village Square of Northbrook Shopping Center is located directly across from the property and features
retailers Trader Joe’s, Nordstrom Rack, Saks Fifth Avenue (Off 5th), Loehmann’s, Marshalls and PetSmart. Additionally, a Bentley,
Rolls Royce and Cadillac dealership is located adjacent to Fifth Third Bank and LA Fitness recently opened one-half mile north of
the property. The property is also located one mile west from the Chicago Botanic Garden which experiences more than 950,000
visitors a year. Northbrook is also home to Northbrook Court, a regional mall, located less than one mile west of the property.
Northbrook Court is anchored by Neiman Marcus, Macy’s, Lord & Taylor and an AMC movie theater.
Northbrook is an affluent community where residents enjoy household incomes in excess of $152,491 within three miles of the
property. There are over 145,000 people living within five miles of the property. Northbrook is also home to several Fortune 500
companies, including Allstate, which employs over 10,000 people. Northbrook is centrally located between many affluent North
Shore suburbs, including Glencoe, Highland Park, Deerfield and Winnetka. The North Shore is one of the wealthiest and most
highly educated areas in the Midwest.
Fifth Third Bank’s primary lease term was for 25 years and has 16 years remaining. The lease features 10% escalations every
five years. Fifth Third Bank is a publicly traded company on the NASDAQ (FITB), with a market capitalization of $14 billion. Fifth
Third Bank is an investment grade company with a Standard & Poor’s rating of BBB.
INVESTMENT HIGHLIGHTS
• Located within the Chicago MSA
• Investment grade tenant (S&P: BBB)
• Long term lease with 16 years remaining in the primary term
• 10% rental escalations every five years
• No landlord responsibilities
• Close proximity to Interstate 94 (126,000 VPD)
• Nearby retailers include retailers Trader Joe’s, Nordstrom Rack,
Saks Fifth Avenue Off 5th and LA Fitness
• Close proximity to Northbrook Court, a regional mall anchored by
Neiman Marcus, Macy’s, Lord & Taylor and an AMC movie
theater
• Skokie Boulevard experiences traffic counts in excess of 21,000
vehicles per day
• Adjacent to Bentley, Rolls Royce and Cadillac dealership
• Northbrook is an affluent Chicago suburb with average
household incomes in excess of $152,491 within three miles of
the property
www.bouldergroup.com

5. PROPERTY OVERVIEW
NET LEASED INVESTMENT OFFERING
PROPERTY OVERVIEW
Price: $3,950,000
Cap Rate: 5.36%
Rent Schedule: NOI Escalation Date
$ 211,7501
$ 232,925 4/1/2019
$ 256,217 4/1/2024
Renewal Options: Five 5-Year with escalations2
Lease Commencement Date: April 1, 2004
Lease Expiration Date: March 31, 2029
Tenant: Fifth Third Bank
Credit Rating: BBB (Standard & Poor’s)
Year Built 2004
Lease Type: NNN Ground Lease
Rentable Square Feet: 4,100 SF
Land Size: 1.71 Acres
(1) Seller will pay the differential between the current rent of $192,500, until the rent
escalates in April 2014 to $211,750.
(2) NOI increases by the greater of 10% or 95% of fair market value in each option.
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6. SITE PLAN
NET LEASED INVESTMENT OFFERING
SITE PLAN
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7. AERIALS
NET LEASED INVESTMENT OFFERING
AERIALS
AERIALS
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8. AERIALS
NET LEASED INVESTMENT OFFERING
AERIALS
AERIALS
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9. MAP
NET LEASED INVESTMENT OFFERING
MAP
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10. TENANT PROFILE
NET LEASED INVESTMENT OFFERING
TENANT PROFILE
Fifth Third Bank is a Cincinnati, Ohio‐based regional Banking Corporation with $111 billion in total assets. Fifth Third
Bank is the principal subsidiary of Fifth Third Bancorp holding Company. Fifth Third Bancorp has 15 affiliates and
operates over 1,300 full-service Banking Centers in Ohio, Kentucky, Indiana, Michigan, Illinois, Florida, Tennessee,
West Virginia, Pennsylvania, Missouri, Georgia and North Carolina. Fifth Third Bank provides branch banking,
consumer lending, commercial banking and investment advising services. Fifth Third is also recognized as one of the
largest money managers in the Midwest. As of December 2011, Fifth Third had $28.2 billion in assets under care, of
which it managed $24 billion for individuals, corporations and not-for-profit organizations.
Website: www.53.com
Number of Locations: 1,316
Stock Symbol: FITB : NASDAQ
Standard & Poor’s Rating: BBB
Market Capitalization: $14 billion
Employees 21,613
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11. DEMOGRAPHIC COMPARISON REPORT
NET LEASED INVESTMENT OFFERING
DEMOGRAPHIC COMPARISON REPORT
Population 1-mi. 3-mi 5-mi
Total Population 3,806 57,125 140,449
Total Households 1,427 21,398 52,322
Income
Median Household Income $114,488 $125,185 $120,075
Average Household Income $141,980 $152,941 $147,510
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12. LOCATION OVERVIEW
LOC
NET LEASED INVESTMENT OFFERING
LOCATION OVERVIEW
Northbrook has long been regarded as one of the premier communities of the North
Shore. The Village of Northbrook is more than just another North Shore suburb; it is
a diverse community that has managed to grow, thrive, and yet remain totally unique
in the Chicagoland area. With outstanding amenities, a highly ranked educational
Chicagoland
system, excellent transportation access and a diverse and vibrant collection of
businesses, Northbrook is a wonderful place to live, work, shop and play. People
continuously choose to relocate to Northbrook due, in large part, to the availability of
relocate
superior elementary schools, middle schools and the presence of Glenbrook North
High School. Glenbrook North High School is renowned for its academic, athletics,
and fine arts programs.
The Village is also home to several Fortune 500 companies, including Allstate (over 10,000 employees), Underwriters
Laboratories, and Sky Harbor Industrial Park, which has more than 700 businesses located within its boundaries.
This makes for a strong backbone of service
service-related, manufacturing, and light-industrial companies that all contribute
industrial
to the vitality of the Village. People who enjoy shopping will appreciate the fact that Northbrook Court and Willow
Festival offer anchors such as Nieman Marcus, Macy’s, Lord & Taylor, Lowes, Best Buy, and a movie theater.
The Village of Northbrook lies in the northern region of an area bounded by I 90 on the south, I-295 and I-94/Route
I-90 I
41 on the west and east, and again by I-94 on the north. It is about 3 miles west of Lake Michigan and 3 miles east of
94
Chicago Executive Airport. Chicago O'Hare Airport is located approximately 12 15 miles to the southwest, just beyond
12-15
the I-294 and I-90 intersection.
Chicago is the most populous city in the Midwestern United States and the third most
populous city in the United States with 2,700,000 residents. Chicago is the county
seat of Cook County, the second largest county in the United States. The Chicago
MSA is the third most populated metropolitan area in the United States with
9,580,567 residents. The MSA covers over 1,300 square miles and six counties. The
Chicago metropolitan area is home to the corporate headquarters of 57 Fortune
home
1000 companies, including Boeing, McDonald's, Motorola, Discover Financial
Services and United Airlines. Chicago is a major hub for industry, telecommunications
and infrastructure and O'Hare International Airport is the second busiest airport in the
Airport
world in terms of traffic movement.
The metro is also a major financial center in North America, and is home to the largest futures exchange in the United
States, the CME Group. Chicago is third in the world on the Global Financial Centers Index which ranks the
competitiveness of financial centers based on people, business environment, market access, infrastructure and
general competitiveness.
www.cityofchicago.com
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13. CONTACT INFORMATION
NET LEASED INVESTMENT OFFERING
CONTACT INFORMATION
666 Dundee Road Suite 1801
Northbrook, IL 60062
Randy Blankstein Jimmy Goodman
President Partner
847.562.0003 847.562.8500
rblank@bouldergroup.com jimmy@bouldergroup.com
www.bouldergroup.com