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31 W North Ave
Melrose Park, IL 60164
Take 5 Oil Change · Commerce de détail Propriété À vendre
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Faits saillants de l'investissement
- Long Term, Ground Lease with Annual Rental Increases
- Newly Constructed Building to Latest Specifications
- Excellent Local Elmhurst and Regional Access
- Guaranty from Experienced Multi-Unit Operator
- Highly Trafficked Retail Corridor w/ Excellent Visibility
- Near Chicago O’Hare International Airport & Public Transportation
Résumé de l'annonce
Northmarq, on behalf of Ownership as its exclusive advisor, is pleased to offer for sale to qualified investors, the opportunity to purchase a ground lease in the Take 5 Oil Change located in Northlake, IL (“the Property”). The Property consists of a +/- 1,541 square foot freestanding retail building. The Property is an outparcel to Sam’s Club, Walmart, Ross Dress for Less, and Home Depot, strategically positioned along North Avenue with direct access to I-290 and I-294. Constructed in 2025, the Property features brand-new building systems, modern plumbing and bathrooms, and complete site work including a newly paved parking lot. Take 5 is operating under a brand new ground lease with 15.5 years of base lease term remaining and three (3), five (5)-year extension options. Additionally, the lease features 2.00% annual rent escalations and zero landlord responsibilities, making this a highly passive net lease investment opportunity.
Faits sur la propriété
Type de vente
Investissement
Type de propriété
Commerce de détail
Taille du bâtiment
1 541 pi²
Classe d’immeuble
C
Année de construction
2025
État de la construction
En construction
Prix
1 398 938 $ CAD
Prix par pi²
907,81 $ CAD
Taux de capitalisation
6,15%
Revenu net d’exploitation
86 035 $ CAD
Pourcentage loué
100%
Hauteur du bâtiment
1 étage
1 de 4
Vidéos
Visite extérieure 3D Matterport
Visite 3D Matterport
Photos
Vue depuis la rue
Rue
Carte
