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23835 W 135th St
Plainfield, IL 60544
NAPA Auto Parts · Retail Property For Sale
PROPERTY FACTS
ABOUT 23835 W 135TH ST , PLAINFIELD, IL 60544
The SVN Colvin Team presents this sharp looking NAPA Auto Parts leased building. The store opened in April of 2016 and is located in front of Meijer on a very busy retail corridor in Plainfield, a densely populated western suburb of Chicago. The 10 year, NN+ lease runs through April of 2026. There is a 5% increase in 2021, as well as in both 5 year renewal periods. In addition to rent, there is $1,500/yr income in perpetuity for a drive easement from the property owner next door. The $1,500 is being used in our NOI to annually fund a reserve account. The Lease is with Genuine Auto Parts, whose credit is considered superior to O'Reilly's, Advance Auto and AutoZone. This NAPA store is located in the primary retail cluster in front of Meijer and across the street from Menard's and Jewel/Osco. Culver's, Wendy's and many other retailers surround the NAPA. There are over 130,000 people within a 5 mile radius.
PROPERTY TAXES
| Parcel Number | 06-03-03-101-020 | Improvements Assessment | $212,380 |
| Land Assessment | $83,333 | Total Assessment | $295,713 |
PROPERTY TAXES
