8717 Ogden Ave - Auto Repair FOR SALE


Lyons, IL 60534
$987,500 USD
847-384-2840
8717 Ogden Ave, Lyons, IL for Sale
$987,500 USD
Auto Repair - FOR SALE
1/4
null | 8% Cap Rate

8717 Ogden Ave
Lyons, IL 60534


HIGHLIGHTS

  • Located just off heavily traveled I-171.
  • Populated residential area with 24,000+ VPD on Ogden Ave.
  • Property is proximate to national tenants Wendy’s, Burger King, Family Dollar, 7-11, Walgreen’s, Starbucks, and more.
  • New leases term.
  • Corporate guarantee.
  • Newly renovated.

OVERVIEW

Colliers Net Lease Investment Group is pleased to present to qualified investors the opportunity to acquire a 100% fee interest in a newly renovated Auto Glass Now location in Lyons, IL. This is a chance to acquire an institutional credit-rated single tenant net lease just miles from downtown Chicago. Auto Glass Now is a subsidiary of Driven Brands, the leading provider of services to the automobile industry. “Driven brands is a publicly traded $2+ billion market cap company listed on the Nasdaq, Ticker symbol DRVN” This 2,471-square-foot property is located on the South side of busy Ogden Avenue. Immediately proximate neighbors include Wendy’s, Burger King, Family Dollar, 7-11, Walgreen’s, Starbucks, and more. Ogden Avenue brings 24,000+ people by the property daily. There are over 18,500 people within 1 mile and 124,000+ people within 3 miles of the store. The single-tenant building is offered at $987,500 corresponding to a 8.00% cap rate.

FOR SALE DETAILS

PRICE

$987,500 USD

PRICE/SF

$400 USD /SF

CAP RATE

8%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

ON GROUND LEASE

Yes

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Auto Repair

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1996

SPRINKLERS

-

PARKING SPACES

11

LAND DETAILS

LAND ACRES

0.37 AC

LAND SF

16,117 SF

ZONING

B-1, Lyons

APN/PARCEL ID

18-02-110-002-0000

ASK ABOUT THIS PROPERTY

Peter BlockColliersMore Info
847-384-2840

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

Peter BlockColliersMore Info
847-384-2840

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.