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Auto Dealership

50 W Ogden Ave

50 W Ogden Ave, Westmont, IL 60559

Listing Price: $14,000,000

Cap Rate
5.75%
Tenant Name
Tesla Inc
Years Remaining On Lease
3.5
Guarantor
Corporate Guarantee
Rentable SF
23,164
Lease Type
Double Net
Rent Per Square Feet
$35.83

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

    (630) 570-2200

    License(s) IL: 471.011175

    Illinois

Auto Dealership

50 W Ogden Ave

Listing Price: $14,000,000

Cap Rate
5.75%
Tenant Name
Tesla Inc
Years Remaining On Lease
3.5
Guarantor
Corporate Guarantee
Rentable SF
23,164
Lease Type
Double Net
Rent Per Square Feet
$35.83

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

    (630) 570-2200

    License(s): IL: 471.011175

    Illinois

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