5622 W Roosevelt Rd | Chicago, IL 60644
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5622 W Roosevelt Rd
Chicago, IL 60644
Advance Auto Parts · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- TOP VISITED STORE: This site performs within the top 19% of all Advance Auto Parts stores nationally in terms of foot-traffic according to Placer.ai.
- CREDIT TENANT: Advance Stores Company, Incorporated (NYSE: AAP) guarantees the lease with almost a $9B market capitalization (S&P: BBB-).
- COMMITMENT TO THE SITE: Tenant has been operating at this location since 2006 and previously extended out the lease.
- HARD-SIGNALIZED CORNER LOCATION: Subject property sits on a hard-signalized corner at the intersection of W Roosevelt Rd & S Central Ave.
- ESSENTIAL RETAILER: Advance Auto Parts is considered an essential retailer and has continued to provide goods and services throughout the pandemic.
- STRONG RETAIL POSITIONING: Property is located in a dense, infill market with ±905,000 residents and ±305,000 households within a 5-mile radius.
PROPERTY FACTS
Property Type
Retail
Property Subtype
Freestanding
Building Size
7,000 SF
Building Class
A
Year Built
2006
Tenancy
Single
Building Height
1 Story
Building FAR
0.24
Lot Size
0.68 AC
Zoning
C2-1, Chicago
PROPERTY TAXES
| Parcel Number | 16-17-413-041-0000 | Improvements Assessment | $111,073 |
| Land Assessment | $89,677 | Total Assessment | $200,750 |
PROPERTY TAXES
Parcel Number
16-17-413-041-0000
Land Assessment
$89,677
Improvements Assessment
$111,073
Total Assessment
$200,750
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