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Advance Auto Parts 5001 W Madison St 7,000 SF Retail Building Chicago, IL 60644 $3,159,024 CAD ($451.29 CAD/SF) 6.75% Cap Rate
Investment Highlights
- Located in a densely populated part of Chicago
- Top performing location on Placer.ai ranking in the 84th percentile in Illinois
- Proven successful location with a 20 year operating history
- Long-term lease with 10+ years remaining
- Advance Auto Parts is committed to the property evidenced by a recent early lease extension
- Extremely densely populated area with over 40,000 people living within one mile
Property Facts
Amenities
- Corner Lot
- Pylon Sign
- Signalized Intersection
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
-
- Retailer
- -
- -
- -
Advance Auto Parts began in 1932 when Arthur Taubman acquired Advance Stores in Virginia, and the business later developed into a publicly traded automotive aftermarket retailer. The company serves professional installers and do-it-yourself customers through retail stores, online shopping, and customer support services, with offerings that include replacement parts, accessories, batteries, and maintenance items. Advance Auto Parts also operates the Carquest brand and maintains a broad North American presence that includes the United States, Canada, Puerto Rico, and the U.S. Virgin Islands.
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
|
|
Retailer | - | - | - |
Property Taxes
| Parcel Number | 16-16-201-020-0000 | Improvements Assessment | $153,121 CAD |
| Land Assessment | $103,608 CAD | Total Assessment | $256,730 CAD |
Property Taxes
Presented by
Advance Auto Parts | 5001 W Madison St
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