Investment Overview

Marcus & Millichap is pleased to offer for sale a 6,000-square-foot single-tenant auto parts store (the Property) in Lyons, IL, in which NAPA Auto Parts (Genuine Parts Company) has nearly four years remaining. This corporately operated location has been a NAPA store since 2018, and GPC has two 5-year renewal options remaining. The lease features a 5 percent rent increase in each renewal option to offset inflation. The 0.30-acre Property sits along 25,700+ AADT Ogden Avenue (U.S. Route 34 — Walter Payton Memorial Highway) at the corner of Ogden and Rose Avenue, less than two blocks from the signalized intersection with 38,400+ AADT First Avenue (State Route 171). The area surrounding this bustling retail corridor boasts a population of 404,913 with an average household income of $108,607 within a five-mile radius. Just 12.2 miles from Downtown Chicago and 6.5 miles from Midway International Airport, the Property is located 1.5 miles south of the 235-acre Brookfield Zoo and about three miles south of the 483-bed Edward Hines Jr. VA Hospital and 547-bed Loyola University Medical Center. This is a low-price-point opportunity to own a net-lease property within the 9-million-person Chicago metropolitan statistical area, the third-largest metro in the country by population and economy and top metro area for food and beverage manufacturing.