Advance Auto
Chicago, IL 60632
Investment Grade- Essential Retail · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Investment Grade Credit Tenant – Advance Auto Parts (Moody’s Rated “Baa2”, Outlook: Stable)
- 6 Lease Years Remaining – 3, 5 Year Options
- Heavily Trafficked Location with ~38,000 VPD at the Subject Property
- Net Leased Investment – Minimal Landlord Responsibilities (Roof & Structure Only)
- Attractive Inflation Hedge – 19% Increase in Option 1 & 5% Increases Each Option Thereafter
- Dense Infill Location – 0.50 Acres of Land – 6 Miles from Downtown Chicago, IL
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
7,000 SF
Building Class
B
Year Built
2007
Tenancy
Single
Building Height
1 Story
Building FAR
0.13
Lot Size
1.26 AC
Zoning
C2-1; Chicago
Parking
130 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
87’ on Pulaski Ave.
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $457,813 | |
| Land Assessment | $309,299 | Total Assessment | $767,112 |
