Auto Parts
Advance Auto Parts | NYSE: AAP | Recent 5-Year Lease Extension | 121,000+ People in 5-Miles
3327 Chicago Rd, South Chicago Heights, IL 60411
Listing Price: $1,438,000
Cap Rate
8.00%
Tenant Name
Advance Stores Company, Inc.
Years Remaining On Lease
3.5
Guarantor
Corporate Guarantee
Rentable SF
6,781
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$16.96
Investment Overview
Marcus & Millichap is pleased to present an Advance Auto Parts located in South Chicago Heights, IL (Chicago MSA).
Advance Auto Parts | NYSE: AAP | Recent 5-Year Lease Extension | 121,000+ People in 5-Miles
Investment Highlights
- Corporate Guaranty (NYSE: AAP)
- Durable Brand with Nearly 100-Year Operating History
- Recent Five-Year Lease Extension with Over 20 Year Operating History
- Over $342,000,000 Spent on Transportation & Maintenance in a Five-Mile Radius
- Chicago MSA (Over 9,400,000 People)
Exclusively Listed By
Financing By
Auto Parts
Advance Auto Parts | NYSE: AAP | Recent 5-Year Lease Extension | 121,000+ People in 5-Miles
Listing Price: $1,438,000
Cap Rate
8.00%
Tenant Name
Advance Stores Company, Inc.
Years Remaining On Lease
3.5
Guarantor
Corporate Guarantee
Rentable SF
6,781
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$16.96
Investment Highlights
- Corporate Guaranty (NYSE: AAP)
- Durable Brand with Nearly 100-Year Operating History
- Recent Five-Year Lease Extension with Over 20 Year Operating History
- Over $342,000,000 Spent on Transportation & Maintenance in a Five-Mile Radius
- Chicago MSA (Over 9,400,000 People)
Investment Overview
Marcus & Millichap is pleased to present an Advance Auto Parts located in South Chicago Heights, IL (Chicago MSA).
Exclusively Listed By
Financing By
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