NAPA Auto Parts Distribution Center | Chicago, IL
Sands Investment Group is Pleased to Exclusively Offer for Sale a 22,000 SF NAPA Auto Parts Distribution Center Located in Chicago, IL. This Deal Includes a Tenant With Strong Investment Principles; 3.00% Annual Increases, Corporately-Guaranteed Lease, Below-Market Rents, Providing For a Secured Investment.
- Strong Investment Principles: 3.00% Annual Increases, CorporatelyGuaranteed Lease, Below-Market Rents
- Tremendously Successful Store Performance: NAPA Auto Parts Operates an Important Commercial Contract With the State of Illinois ‘Department of Transportation’ Out of This Location; This Location Serves as One of Only Two Stores in the City That Caters to This
Specific Commercial Deal - Location, Location, Location: This Property’s Location in Chicago is Highly Dense and Strategic For its Tenants; The Building is Only a 15 Minute Drive From O’Hare International Airport; Population: 250,500+ People Within a Three-Mile Radius & Approximately 2,500,000 People Within 10-Miles; Household Income Within Three-Miles is Over $100,000
- Both Tenants Are Highly Rated on Google Reviews With 5.0 Star Ratings and Have a Strong Reputation in Their Community
- Double Net (NN) Lease Offers Little Landlord Attention: Tenant Responsible For Taxes, Insurance, Utilities and For All Day-to-Day Maintenance of the Grounds, Including Snow Plowing and Trash Removal
- Includes a Value-Add Opportunity: Property Includes a 2,500 SF Unoccupied Space at the Front of the Building
In Cooperation With Sands Investment Group Illinois, LLC – Lic. #481013714 – BoR: Andrew Ackerman – Lic. IL #471021429
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