2415 Ridge Rd | Lansing, IL 60438
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- LoopNet Team
2415 Ridge Rd
Lansing, IL 60438
O'Reilly Auto Parts | Currency Exchange · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- O’Reilly Auto Parts has 6.5% rental increases in year 11 and 16, and Currency Exchange recently exercised its renewal option with 2% annual increases
- Dense Demographics – The property has about 220,000 people within a 5-mile radius.
- Pandemic Resistant Business Model – O’Reilly Auto Parts was considered an essential retailer, and its stores stayed open throughout the pandemic
- Lansing is a southern suburb of Chicago, the third-largest metropolitan area in the United States.
- O’Reilly Auto Parts boasts strong investment-grade credit of BBB from Standard & Poor’s.
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
8,480 SF
Building Class
B
Year Built
2014
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.21
Lot Size
0.91 AC
Zoning
Commercial
Parking
29 Spaces (3.42 Spaces per 1,000 SF Leased)
Frontage
228’ on Ridge Road
PROPERTY TAXES
| Parcel Number | 30-31-300-028-0000 | Improvements Assessment | $51,204 |
| Land Assessment | $11,842 | Total Assessment | $63,046 |
PROPERTY TAXES
Parcel Number
30-31-300-028-0000
Land Assessment
$11,842
Improvements Assessment
$51,204
Total Assessment
$63,046
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