1135 E Division St | Diamond, IL 60416
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1135 E Division St
Diamond, IL 60416
Advance Auto Parts · Retail Property For Sale
Investment Highlights
- Ideal 1031 Exchange Opportunity: Corporately guaranteed Advance Auto Parts. The lease expires in 2029.
- Hedging Inflation and Depreciation: Starting in the Options, there are rare 10% increases every 5 years.
- Early Lease Extension: Advance Auto Parts extended their lease to represent a new 10- Year term, demonstrating a strong commitment to the location.
- “Coupon Clipper” Investment: The property comes with a 20- Year transferable roof warranty though 2029, which assists this property to operate as NNN.
Property Facts
Property Type
Retail
Property Subtype
Freestanding
Building Size
6,125 SF
Building Class
C
Year Built
2012
Tenancy
Single
Building Height
1 Story
Building FAR
0.21
Lot Size
0.66 AC
Zoning
B1-Retail
Parking
28 Spaces (4.57 Spaces per 1,000 SF Leased)
Frontage
149’ on Division St
Amenities
- Signage
Property Taxes
| Parcel Numbers | Improvements Assessment | $227,723 | |
| Land Assessment | $20,376 | Total Assessment | $248,099 |
Property Taxes
Parcel Numbers
Land Assessment
$20,376
Improvements Assessment
$227,723
Total Assessment
$248,099
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