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
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
Auto Service - Gas-Conv
Corporate 7-Eleven w/ Gas - Bonus Depreciation Capability
Listing Price: $3,943,100
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