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50 W Ogden Ave
Westmont, IL 60559
Retail Property For Sale
Investment Highlights
- Unique annual base rent escalations of 2.00%
- Lower occupancy costs than other Illinois Tesla locations as a result of DuPage County taxes
- Dense, high income household surroundings with highest % of customers from Oak Brook, Naperville, Willowbrook, Downers Grove, Elmhurst, and Hinsdale
- Dependable income stream from tenant with $255 Billion market cap (as of 7/7/2020)
- Tesla extended their commitment to this location with recent execution of lease amendment for new 10+ year term
Property Facts
Property Type
Retail
Property Subtype
Building Size
23,164 SF
Building Class
B
Year Built/Renovated
2005/2017
Tenancy
Single
Building Height
1 Story
Building FAR
0.17
Lot Size
3.05 AC
Zoning
B-2
Parking
144 Spaces (6.22 Spaces per 1,000 SF Leased)
Frontage
174’ on Ogden Ave
Amenities
- Skylights
Property Taxes
| Parcel Number | 09-04-221-034 | Improvements Assessment | $824,128 |
| Land Assessment | $645,588 | Total Assessment | $1,469,716 |
Property Taxes
Parcel Number
09-04-221-034
Land Assessment
$645,588
Improvements Assessment
$824,128
Total Assessment
$1,469,716
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