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1327 E Thomas St
Arlington Heights, IL 60004
Advance Auto Parts - Prospect Heights, IL · Retail Property For Sale
Property Facts
Amenities
- Signage
About 1327 E THOMAS ST , ARLINGTON HEIGHTS, IL 60004
Formerly a Carquest Auto Parts location, the Property offers a proven historical location and is now in the process of being rebranded to the Advance Auto Parts color scheme and name. Advance just exercised its second and final 5-year renewal option, demonstrating their commitment to the site. This lease is unique in that Landlord maintains all CAM via a 3rd party property manager and Tenant fully reimburses for all operating expenses, including CAM, taxes, insurance, roof, parking lot, and a 15% Admin Fee, creating positive slippage to the owner. This makes the asset a true passive investment opportunity on a great piece of real estate. See lease abstract for full details.
Property Taxes
| Parcel Number | 03-20-401-030-0000 | Improvements Assessment | $114,431 |
| Land Assessment | $134,569 | Total Assessment | $249,000 |
Property Taxes
