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Investment Highlights

  • Positioned within the Chicago MSA – Ranked #3 in the United States for population size
  • Absolute NNN – No landlord responsibilities
  • Visibility and access along Kirchoff Road (11,000+ VPD) with proximity to I-290 (186,000 VPD) and I-90 (148,000 VPD)
  • New 10-year lease commencing in May 2026
  • Fee simple - offering an investor depreciation benefits not common with most banks
  • 283,000+ residents within a five-mile radius

Executive Summary

The Boulder Group is pleased to exclusively market for sale a single tenant net leased Alero Financial property located within the Chicago MSA in Rolling Meadows, Illinois. Alero Financial recently executed a new 10-year lease commencing in May 2026 (estimated). The lease is absolute triple net with zero landlord responsibilities and includes a 10% rental escalation in year six along with 3% annual escalations throughout the two 5-year renewal options. The property is fee simple, offering an investor depreciation benefits not common with most banks.
The 3,598 square-foot property is situated as an outparcel within Rolling Meadows Shopping Center, co-tenanted by Jewel-Osco, McDonald’s, Endeavor Health, Pizza Hut, Anytime Fitness, Dollar Tree, WingStop, and Starbucks. The site benefits from visibility and access along Kirchoff Road, which carries over 11,000 vehicles per day, with additional regional connectivity provided by I-290 (186,000 VPD) and I-90 (148,000 VPD). The surrounding trade area supports a robust population base of over 283,000 residents within a five-mile radius, complemented by affluent demographics with average household incomes exceeding $148,000 within three miles. The property is further supported by a strong concentration of demand drivers in the immediate area, including Rolling Meadows High School (2,000 students), Harper College (22,000 students), Endeavor Health Northwest Community Hospital (489 beds), Woodfield Mall, and Arlington Park, the proposed site of the new Chicago Bears stadium.
Alero Financial is a not-for-profit, member-owned credit union established in 1939 as Automatic Credit Union by 15 employees of Automatic Electric Co. in Chicago. Headquartered in Elgin, Illinois, it has grown through several name changes, including GTE Employees Federal Credit Union and Corporate America Family Credit Union (CAFCU)—into a forward-thinking financial cooperative. Following its strategic merger with North Bay Credit Union (effective March 1, 2026) and transition to a full community charter, the organization officially rebranded as Alero Financial on April 2, 2026. The name “Alero” evokes momentum, partnership, support, and forward progress while remaining rooted in cooperative values. With approximately 15 branches serving members across five states in the Midwest and Northern California, Alero Financial provides checking, savings, lending, digital banking, and personalized financial solutions designed to help individuals, families, and businesses thrive through accessible services, responsible lending, and a deep commitment to community and member well-being.

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Bank
Building Size
3,598 SF
Building Class
B
Year Built
2010
Price
$3,076,519 CAD
Price Per SF
$855.06 CAD
Cap Rate
5.50%
NOI
$169,208 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.10
Lot Size
0.80 AC
Zoning
C-2 - Corridor Commercial District
Parking
25 Spaces (6.95 Spaces per 1,000 SF Leased)

Major Tenants

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease End
  • Alero Financial
  • -
  • -
  • -
  • Jun 2036
Tenant Industry SF Occupied Rent/SF Lease End
Alero Financial - - - Jun 2036
Moderately walkable
60/100
Exceptionally drivable
100/100
Limited public transit
20/100
Moderately bikeable
60/100

Nearby Major Retailers

Anytime Fitness
HOTWORX
Starbucks
Jewel-Osco
BMO
Chase
U.S. Bank

Property Taxes

Property Taxes

Parcel Number
02-36-100-007-0000
Land Assessment
$157,414 CAD
Improvements Assessment
$309,785 CAD
Total Assessment
$467,199 CAD
  • Listing ID: 40164928

  • Date on Market: 2026-04-15

  • Last Updated:

  • Address: 3250 Kirchoff Rd, Rolling Meadows, IL 60008

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