Auto Parts
Brand New 15-Year NNN Corporate Gerber Collision | Chicago MSA
5840 W Ogden Ave, Cicero, IL 60804
Listing Price: $3,460,000
Investment Overview
This property features a brand new 15-year NNN corporate lease with Gerber Collision and Glass, part of The Boyd Group Inc., one of the largest collision repair networks in the United States with over 1,140 locations. The lease provides low-maintenance, long-term passive income. Located on Ogden Avenue, a major commercial corridor in Southwestern Chicago, the site offers strong visibility, easy access, and proximity to residential neighborhoods and regional thoroughfares. The suburban Chicago market is strong, with diverse economic drivers, high population density, and solid household incomes, supporting steady demand for automotive collision repair services and making this a reliable long-term investment.
Brand New 15-Year NNN Corporate Gerber Collision | Chicago MSA
Investment Highlights
- BRAND NEW 15 YEAR NNN CORPORATE LEASE: The newly executed 15-year NNN lease minimizes ownership costs, making this property ideal for long-term, low-maintenance income
- STRONG CORPORATE TENANT: Gerber Collision & Glass, part of The Boyd Group Inc., is one of the largest collision repair networks in the U.S., with over 1,140 locations nationwide
- ESSENTIAL INDUSTRY: Gerber's nationwide footprint and insurance relationships support tenancy stability and long-term demand for increased insurance claims and safety requirements
- STRATEGICALLY LOCATED MAJOR COMMERCIAL CORRIDOR: Ogden Ave is a key transportation artery with strong visibility across Southwestern Chicago, the subject property benefits from proximity to major residential neighborhoods and regional thoroughfares
- MARKET DEMAND & TRADE AREA STRENGTH: The suburban Chicago market remains robust with diverse economic drivers, significant population density, and strong household incomes, supporting continued demand for auto services
- OPPORTUNITY ZONE: Provides investors with potential tax advantages, including deferral and possible reduction of future capital gains
Exclusively Listed By
Broker of Record
-
Steven D. Weinstock
Senior Managing Director, Market Leader - Chicago
Financing By
Auto Parts
Brand New 15-Year NNN Corporate Gerber Collision | Chicago MSA
Listing Price: $3,460,000
Investment Highlights
- BRAND NEW 15 YEAR NNN CORPORATE LEASE: The newly executed 15-year NNN lease minimizes ownership costs, making this property ideal for long-term, low-maintenance income
- STRONG CORPORATE TENANT: Gerber Collision & Glass, part of The Boyd Group Inc., is one of the largest collision repair networks in the U.S., with over 1,140 locations nationwide
- ESSENTIAL INDUSTRY: Gerber's nationwide footprint and insurance relationships support tenancy stability and long-term demand for increased insurance claims and safety requirements
- STRATEGICALLY LOCATED MAJOR COMMERCIAL CORRIDOR: Ogden Ave is a key transportation artery with strong visibility across Southwestern Chicago, the subject property benefits from proximity to major residential neighborhoods and regional thoroughfares
- MARKET DEMAND & TRADE AREA STRENGTH: The suburban Chicago market remains robust with diverse economic drivers, significant population density, and strong household incomes, supporting continued demand for auto services
- OPPORTUNITY ZONE: Provides investors with potential tax advantages, including deferral and possible reduction of future capital gains
Investment Overview
This property features a brand new 15-year NNN corporate lease with Gerber Collision and Glass, part of The Boyd Group Inc., one of the largest collision repair networks in the United States with over 1,140 locations. The lease provides low-maintenance, long-term passive income. Located on Ogden Avenue, a major commercial corridor in Southwestern Chicago, the site offers strong visibility, easy access, and proximity to residential neighborhoods and regional thoroughfares. The suburban Chicago market is strong, with diverse economic drivers, high population density, and solid household incomes, supporting steady demand for automotive collision repair services and making this a reliable long-term investment.
Exclusively Listed By
Broker of Record
-
Steven D. Weinstock
Senior Managing Director, Market Leader - Chicago
Financing By
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