Auto Dealership
50 W Ogden Ave
50 W Ogden Ave, Westmont, IL 60559
Listing Price: $14,000,000
Investment Overview
This premium investment opportunity features a high-performance retail asset strategically located on the Westmont Auto Mile. Fully leased to Tesla (NASDAQ: TSLA), the property offers institutional-grade stability, an attractive yield with cash flow growth, and minimal management requirements.
The exceptionally well-positioned property spans 3.05 AC supporting 23,164 RSF of A-class retail space with 144 surface parking stalls.
The Property is being offered on a fee simple basis, free and clear of existing financing, and on an “as-is, where-is” basis.
Investment Highlights
- INSTITUTIONAL-GRADE TENANT (TESLA, INC.) Occupied by a global leader in electric vehicles (NASDAQ: TSLA)
- STRATEGIC "AUTO MILE" LOCATION Situated on the prestigious Westmont Auto Mile, a premier regional luxury car destination. This property benefits from "clustering," surrounded by elite brands.
- MISSION-CRITICAL SERVICE COMPONENT This 23,164 SF facility serves as both a showroom and a specialized service center.
Exclusively Listed By
Broker of Record
-
Steven D. Weinstock
Senior Managing Director, Market Leader - Chicago
Listing Price: $14,000,000
Investment Highlights
- INSTITUTIONAL-GRADE TENANT (TESLA, INC.) Occupied by a global leader in electric vehicles (NASDAQ: TSLA)
- STRATEGIC "AUTO MILE" LOCATION Situated on the prestigious Westmont Auto Mile, a premier regional luxury car destination. This property benefits from "clustering," surrounded by elite brands.
- MISSION-CRITICAL SERVICE COMPONENT This 23,164 SF facility serves as both a showroom and a specialized service center.
Investment Overview
This premium investment opportunity features a high-performance retail asset strategically located on the Westmont Auto Mile. Fully leased to Tesla (NASDAQ: TSLA), the property offers institutional-grade stability, an attractive yield with cash flow growth, and minimal management requirements. The exceptionally well-positioned property spans 3.05 AC supporting 23,164 RSF of A-class retail space with 144 surface parking stalls. The Property is being offered on a fee simple basis, free and clear of existing financing, and on an “as-is, where-is” basis.
Exclusively Listed By
Broker of Record
-
Steven D. Weinstock
Senior Managing Director, Market Leader - Chicago