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AutoZone 5509 Lincoln Ave 7,001 SF Retail Building Lisle, IL 60532 $2,008,695 ($286.92/SF) 5.75% Cap Rate
Investment Highlights
- Adjacent to Naperville, One of Chicago’s Most Affluent Suburbs – Lisle sits immediately east of Naperville, which Niche ranked as the #2 Best Suburb
- New Roof Membrane Installed in 2025 – New roof membrane installed in 2025 and backed by a 20-year warranty
- “Long-term” Lease – AutoZone’s lease extends through August 2035, providing nearly 10 years of remaining term.
- Recent Extension to 10 Years – In December 2024, AutoZone agreed to extend the lease out to 10 years with rent increases in 2025 and 2030.
- Below Market Rent – AutoZone pays just $16.50 PSF, well below comparable retail rents in the expanded trade area, preserving long-term occupancy
- Investment-Grade Tenant (NYSE: AZO) – AutoZone has maintained investment-grade credit ratings for more than a decade
Executive Summary
Matthew M. Fitzgerald
License # 471021676, 478027547 (IL)
Matthews Real Estate Investment Services, Inc
600 W Fulton, Ste 100 Chicago, IL 60661
(866) 889-0550
Property Facts
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
-
- Retailer
- -
- -
- Aug 2025
AutoZone is the nation's leading retailer and a leading distributor of automotive replacement parts and accessories with stores in the US, Mexico, Brazil and Puerto Rico. Each store carries an extensive line for cars, sport utility vehicles, vans and light trucks, including new and remanufactured hard parts, maintenance items and accessories. AutoZone, headquartered in Memphis, TN, is a growing Fortune 300 company with a deep commitment to serving their customers, communities and fellow AutoZoners. They have vast opportunities in their stores, distribution centers, field offices, specialty business units and Store Support Center and embrace diverse experiences, backgrounds, knowledge and ideas to strengthen their teams and business. Their team is connected by a deep commitment to their Pledge and Values, principles established more than thirty years ago that reinforce their priorities and team culture.
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
|
|
Retailer | - | - | Aug 2025 |
Nearby Major Retailers
Property Taxes
| Parcel Number | 08-15-203-031 | Improvements Assessment | $227,566 |
| Land Assessment | $220,280 | Total Assessment | $447,846 |
Property Taxes
Contacts
-
Conrad Sarreal -
Kevin Puder -
Chad Kurz -
Matthews Real Estate Investment Services
Presented by
AutoZone | 5509 Lincoln Ave
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