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ADVANCE AUTO PARTS | NEW 10-YEAR EXTENSION

$1,836,735 | 7.35%

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6714 South Western Avenue
Chicago, Illinois

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Under Contract

Features

  • National Tenant | Advanced Auto Parts | “BBB-” Standard and Poor’s Credit Rating | Fortune 500 Company
  • Recent 10-Year Lease Extension | Triple-Net Lease
    – Triple-Net Lease | Zero Landlord Responsibilities
    – 10 Years Remaining | Newly Extended Lease | Demonstrating Tenant’s Commitment to the Location
    – Two, Five-Year Options Remaining
  • Corporate Guarantee | Advance Stores Company, International
  • Situated on Heavily Traveled, Signalized, Hard-Corner Intersection Located in an Auto Service Corridor
    – 46,700 Total Vehicles Passing per Day at South Western Avenue and West Marquette Road
  • Rare, Ample-Spaced Parking Lot | 30 Surface Spaces
  • Excellent Demographics | Population of 175,003 Within Two Miles of Subject Property
  • Less Than Two Miles from the CTA’s Green Line’s Last Stop
  • Notable Major Retailers in the Area Include Dollar General, Family Dollar, Walmart, Food4Less, ROSS Dress for Less, Marshalls, FiveBelow, McDonald’s, Wendy’s, Walgreens and More

Contact

AUSTIN WEISENBECK
Senior Vice President Investments
Tel: (630) 570-2169
Austin.Weisenbeck@marcusmillichap.com
* Broker of Record: Steven Weinstock

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