Your email has been sent.
AutoZone 5509 Lincoln Ave 7,001 SF Retail Building Lisle, IL 60532 $2,829,227 CAD ($404.12 CAD/SF) 5.75% Cap Rate
Investment Highlights
- Adjacent to Naperville, One of Chicago’s Most Affluent Suburbs – Lisle sits immediately east of Naperville, which Niche ranked as the #2 Best Suburb
- New Roof Membrane Installed in 2025 – New roof membrane installed in 2025 and backed by a 20-year warranty
- “Long-term” Lease – AutoZone’s lease extends through August 2035, providing nearly 10 years of remaining term.
- Recent Extension to 10 Years – In December 2024, AutoZone agreed to extend the lease out to 10 years with rent increases in 2025 and 2030.
- Below Market Rent – AutoZone pays just $16.50 PSF, well below comparable retail rents in the expanded trade area, preserving long-term occupancy
- Investment-Grade Tenant (NYSE: AZO) – AutoZone has maintained investment-grade credit ratings for more than a decade
Executive Summary
Matthew M. Fitzgerald
License # 471021676, 478027547 (IL)
Matthews Real Estate Investment Services, Inc
600 W Fulton, Ste 100 Chicago, IL 60661
(866) 889-0550
Property Facts
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
-
- Retailer
- -
- -
- Aug 2025
AutoZone began in 1979 as Auto Shack and grew from a single store into a company focused on automotive replacement parts and accessories. AutoZone sells products through retail stores, commercial programs, a website, and a mobile app, with merchandise that includes hard parts, maintenance items, accessories, and related non-automotive products. AutoZone supports do-it-yourself customers with repair guides, how-to articles, diagnostic help, and free in-store testing services for batteries, alternators, and starters. The company also offers the ALLDATA brand of automotive repair information and software, extending its reach beyond parts retail into repair data and shop tools.
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
|
|
Retailer | - | - | Aug 2025 |
Nearby Major Retailers
Property Taxes
| Parcel Number | 08-15-203-031 | Improvements Assessment | $319,799 CAD |
| Land Assessment | $309,559 CAD | Total Assessment | $629,358 CAD |
Property Taxes
Contacts
-
Conrad Sarreal -
Kevin Puder -
Chad Kurz -
Matthews Real Estate Investment Services
Presented by
AutoZone | 5509 Lincoln Ave
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.