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Auto Service - Gas-Conv

Corporate 7-Eleven w/ Gas - Bonus Depreciation Capability

7500 Janes Avenue, Woodridge (Chicago MSA), IL 60517

Listing Price: $3,943,100

Cap Rate
5.00%
Tenant Name
7 Eleven
Years Remaining On Lease
9.2
Gross SF
3,010
Guarantor
Corporate Guarantee
Rentable SF
3,010
Price/Gross SF
$1,310.00
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$65.50

Investment Overview

CORPORATE 7-ELEVEN LEASE ESSENTIAL-USE GAS & CONVENIENCE STORE
Corporate 7-Eleven Tenancy With Gas, Diesel, Lottery, Delivery, Amazon Locker, Mobile Checkout, 7NOW Snap Accepted And 24/7 Operations At This Location.

SIGNALIZED DAILY-NEEDS RETAIL NODE WOODRIDGE PLAZA OUTLOT
7-Eleven Sits On An Outlot To Woodridge Plaza, A Daily-Needs Center Anchored By Walgreens, Dunkin’ And Anytime Fitness, With 32,700 Vehicles Per Day Reported On 75th Street Approximately 1/4 Mile From I-355.

NNN LEASE STRUCTURE MINIMAL LANDLORD OBLIGATIONS Tenant Is Responsible For Operating Expenses Under A NNN Lease Structure; Landlord Responsibilities Are Limited To Structure & Foundation Per Lease Intake.

IMMEDIATE ACCESS TO I-355 MAJOR SUBURBAN CHICAGO ARTERIAL POSITION
Woodridge Is Linked To The Chicago Region Through I-55 And I-355, Including Three I-355 Interchanges In The Village That Function As Vital Commercial Nodes.

7.5% RENT INCREASES EVERY 5 YEARS
Contractual Rent Growth Increases NOI From $183,400 To $263,293 Over The Remaining Scheduled Rent Steps, Representing Approximately 43.56% Growth From The Current Rent.

DENSE INFILL CHICAGO MSA TRADE AREA
The Chicago-Naperville-Elgin MSA Had Approximately 9.41 Million Residents In 2024, Ranking As The Third-Most-Populous U.S. Metro Area.

Investment Highlights

  • Corporate 7-Eleven Lease | Essential-Use Gas & Convenience Store
  • NNN Lease Structure | Minimal Landlord Obligations
  • 7.5% Rent Increases Every 5 Years
  • Signalized Daily-Needs Retail Node | Woodridge Plaza Outlot
  • Immediate Access To I-355 | Major Suburban Chicago Arterial Position
  • Dense Infill Chicago MSA Trade Area

Exclusively Listed By

Broker of Record

  • Steven Weinstock

    Senior Managing Director, Market Leader - Chicago

    (630) 570-2200

    License(s) IL: 471.011175

    Illinois

Auto Service - Gas-Conv

Corporate 7-Eleven w/ Gas - Bonus Depreciation Capability

Listing Price: $3,943,100

Cap Rate
5.00%
Tenant Name
7 Eleven
Years Remaining On Lease
9.2
Gross SF
3,010
Guarantor
Corporate Guarantee
Rentable SF
3,010
Price/Gross SF
$1,310.00
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$65.50

Investment Highlights

  • Corporate 7-Eleven Lease | Essential-Use Gas & Convenience Store
  • NNN Lease Structure | Minimal Landlord Obligations
  • 7.5% Rent Increases Every 5 Years
  • Signalized Daily-Needs Retail Node | Woodridge Plaza Outlot
  • Immediate Access To I-355 | Major Suburban Chicago Arterial Position
  • Dense Infill Chicago MSA Trade Area

Investment Overview

CORPORATE 7-ELEVEN LEASE ESSENTIAL-USE GAS & CONVENIENCE STORE Corporate 7-Eleven Tenancy With Gas, Diesel, Lottery, Delivery, Amazon Locker, Mobile Checkout, 7NOW Snap Accepted And 24/7 Operations At This Location. SIGNALIZED DAILY-NEEDS RETAIL NODE WOODRIDGE PLAZA OUTLOT 7-Eleven Sits On An Outlot To Woodridge Plaza, A Daily-Needs Center Anchored By Walgreens, Dunkin’ And Anytime Fitness, With 32,700 Vehicles Per Day Reported On 75th Street Approximately 1/4 Mile From I-355. NNN LEASE STRUCTURE MINIMAL LANDLORD OBLIGATIONS Tenant Is Responsible For Operating Expenses Under A NNN Lease Structure; Landlord Responsibilities Are Limited To Structure & Foundation Per Lease Intake. IMMEDIATE ACCESS TO I-355 MAJOR SUBURBAN CHICAGO ARTERIAL POSITION Woodridge Is Linked To The Chicago Region Through I-55 And I-355, Including Three I-355 Interchanges In The Village That Function As Vital Commercial Nodes. 7.5% RENT INCREASES EVERY 5 YEARS Contractual Rent Growth Increases NOI From $183,400 To $263,293 Over The Remaining Scheduled Rent Steps, Representing Approximately 43.56% Growth From The Current Rent. DENSE INFILL CHICAGO MSA TRADE AREA The Chicago-Naperville-Elgin MSA Had Approximately 9.41 Million Residents In 2024, Ranking As The Third-Most-Populous U.S. Metro Area.

Exclusively Listed By

Broker of Record

  • Steven Weinstock

    Senior Managing Director, Market Leader - Chicago

    (630) 570-2200

    License(s): IL: 471.011175

    Illinois

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