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Mavis Tires & Brakes 3845 E Main St 8,670 SF Retail Building St Charles, IL 60174 $4,750,000 ($547.87/SF) 7.03% Cap Rate

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INVESTMENT HIGHLIGHTS

  • Approximately 105,000 population in a 5 mile radius
  • The lease provides for a cumulative CPI increase every 5 years
  • Corporate Guarantee

EXECUTIVE SUMMARY

The Mavis Tire & Brakes offering is located in the city of St. Charles, Kane County, Illinois. This is about 40 miles west of Chicago, and known as the "Pride of the Fox" for the Fox River which runs through it. St. Charles features a bustling downtown, a scenic riverwalk, and attractions like Pottawatomie Park and Hickory Knolls Discovery Center. The city is also noted for its family-friendly amenities, fine dining, unique shops, and a vibrant arts and entertainment scene, making it a popular Chicago suburb.
This Mavis location benefits from being located on the main retail corridor or East Main Street and it is adjacent the Target and Petco retail locations on one side with numerous national and regional retailers to the other side and on nearby pad sites. The location also benefits from a strong mixed-use area with industrial businesses and a dense residential corridor as evidenced by viewing the aerial photos provided in this Offering Memorandum.
*The 7.03% Cap rate is based on assumed CPI increase for spring 2027. The CPI index is already at 10.8% above the prior CPI index from spring 2022. Seller will credit a Buyer the rent differential of $2,980 per month from close of escrow through the March 2027.
As of August 2025, the U.S. Bureau of Labor Statistics (BLS) data indicates the index has already increased 10.8% over the prior adjustment index. Based on the assumption the cumulative CPI index will increased by 12% or more by the next rental increase date, it is assumed that base rent will increase as follows in June 2027:
$298,0977 X 112% = $333,846.
$333,846 - $298,077 = $35,769 / 12 = $2,980.75 Monthly Rent Credit To A Buyer
LISTED BY Illinois Broker of Record:
Steven Weinstock
One Mid America Plaza, Ste. 200
Oakbrook Terrace, IL 60181
Steven.Weinstock@MarcusMillichap.com
Lic #: 471.011175

ATTACHMENTS

OM Mavis Tire IL

PROPERTY FACTS

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Auto Repair
Building Size
8,670 SF
Building Class
B
Year Built
2007
Price
$4,750,000
Price Per SF
$547.87
Cap Rate
7.03%
NOI
$333,846
Tenancy
Single
Building Height
1 Story
Building FAR
0.23
Lot Size
0.85 AC
Zoning
BR
Parking
45 Spaces (5.58 Spaces per 1,000 SF Leased)
Frontage
95’ on East Main Street

NEARBY MAJOR RETAILERS

Giordano's
Buffalo Wild Wings
Noodles & Company
Anytime Fitness
Orangetheory Fitness
Starbucks
Olive Garden
Coopers Hawk
IHOP
U.S. Bank

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 09-25-426-037
  • 09-25-426-039
Land Assessment
$193,040
Improvements Assessment
$310,211
Total Assessment
$503,251
  • Listing ID: 37840867

  • Date on Market: 9/26/2025

  • Last Updated:

  • Address: 3845 E Main St, St Charles, IL 60174

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