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- LoopNet Team
135 N Gary Ave
Carol Stream, IL 60188
Retail Property For Sale
PROPERTY FACTS
AMENITIES
- Security System
- Signage
- Air Conditioning
ABOUT 135 N GARY AVE , CAROL STREAM, IL 60188
The subject property is a 2007 construction NAPA Auto Parts store located in Carol Stream, IL, a growing suburb of Chicago. The 6,000+/- square foot store is ideally located at the intersection of N. Gary Ave and North Ave. The intersection combines for an impressive 66,000 average daily traffic count. The immediate area is densely populated with a 260,160 5-mile population, and is home to a tremendous amount of retailers and industrial properties, providing for an immediate and close-proximity customer base. Genuine Parts Company, traded on the NYSE under the stock symbol GPC, is signed to a long-term 15-year lease that began in May, 2008. The double-net (NN) lease provides for Tenant to be responsible for property expenses of CAM, taxes, insurance, and HVAC. They are also responsible for the initial $1,500 in repairs to the roof membrane or parking lot. Rent is scheduled to increase by 10% every 5 years throughout the entire lease term, including the renewal options.
PROPERTY TAXES
| Parcel Number | 02-32-400-029 | Improvements Assessment | $213,451 |
| Land Assessment | $86,704 | Total Assessment | $300,155 |
PROPERTY TAXES
