Fifth Third Bank 2660 Us Highway 34 4,273 SF Retail Building Oswego, IL 60543 $5,904,865 CAD ($1,381.90 CAD/SF) 5.65% Cap Rate

The Boulder Group is pleased to exclusively market for sale a single tenant ground leased Fifth Third Bank property positioned within the Chicago MSA in Oswego, Illinois. Fifth Third has successfully operated from this location since 2008 and recently signed (October 2025) a 10-year lease extension through 2035. This demonstrates long-term commitment to the site. The lease features 10% rental escalations throughout the primary term and four 5-year renewal options. Fifth Third Bank is an investment grade tenant with a “A-“ rating from Standard and Poor’s.
The 4,273 square-foot building is located along US Highway 34, a dense retail corridor that experiences 29,500 vehicles per day. The corridor features three major shopping centers anchored by Target, Walmart, Meijer, Kohl’s, The Home Depot, Best Buy, and DICK’S Sporting Goods. Other nationally recognized retailers in the immediate area include McDonald’s, Portillo’s, Raising Cane’s, Chipotle, Starbucks, Chick-fil-A, Five Below, ALDI, and many others. Additionally, the property is just minutes from both Oswego High School and Oswego East High School, which have a combined enrollment of more than 5,600 students. Over 197,000 people live within a five-mile radius, with an average household income exceeding $129,000.
Fifth Third Bank, headquartered in Cincinnati, Ohio, is a diversified financial services company with a rich history dating back to 1858. Originally founded as the Bank of the Ohio Valley, it evolved through mergers, notably the 1908 union of Fifth National Bank and Third National Bank, which gave the institution its distinctive name. Today, Fifth Third operates as a regional powerhouse, serving customers across 11 states with over 1,100 full-service banking centers and more than 2,000 ATMs. The bank provides a comprehensive suite of services, including consumer and business banking, wealth management, commercial lending, and payment processing, all underpinned by a commitment to innovation and customer-centric solutions.