Se Connecter/S’inscrire
Votre courriel a été envoyé.
5008 Ace Ln - Grease Monkey Oil Change & Car Wash Immeuble de 8 770 pi² • Spécialité • À vendre 3 194 775 $ CAD • Taux de capitalisation 6% • Naperville, IL 60564
Certaines informations ont été traduites automatiquement.
Faits saillants de l'investissement
- Absolute NNN 12 Year Lease with 2% Annual Rent Increases
- Bonus Depreciation Year 1
- Auto Service & Car Wash
- Two 5-Year Renewal Options
- Seasoned & Proven Operator, Demographics Ideal for Essential Auto Service Retail
Résumé de l'annonce
CBRE is pleased to present an opportunity to acquire a brand new 12-year Absolute NNN single-tenant property leased to Grease Monkey, an oil change and auto service station concept. The tenant signing this new absolute NNN Lease relieves the landlord of operational and capex expenditures over the life of the lease. The parcel is located in Naperville, DuPage County, Illinois, just 30 miles west of downtown Chicago.
Investment highlights
- Absolute NNN Lease - No Landlord Responsibilities
- Extremely Low Rent at Price/SF
- New 12-Year Base Term with Two (2) 5-Year Options
- 2% Annual Rent Increases
- Lease Term: 144 months (12 years) Commencing Upon Building Delivery to Tenant Renewal Options: Two (2) x Five (5) year options (22 years total potential term)
- 8,770 SF (Multi-Bay Auto Service Center) on 1.19 Acres
Tenant Responsibilities (NNN):
- All Maintenance and Repairs Including Structural, Roof, and Load-Bearing Walls
- All Taxes and Assessments
- All Insurance and Utilities
Operator Strength:
- Proven and seasoned multi-unit Grease Monkey franchisee
- Personal Guarantee Backed By Strong Financials
The Sublease: Hidden deal Within the Deal:
-Operator Has Signed A 12-Year Carwash Sublease With Illinois-Based Global Wide Holdings, Co-Terminus With The Master Lease Term
-Subtenant Pays $60,000/Yr Base Rent Plus:
-50% Of Real Estate Taxes And Insurance
-100% Of The Water Bill
-40% Of Gas And Electric
-50% Of Trash, Internet, And Phone
-Sublease Escalates At 2% Annually, Mirroring Master Lease
-Effective Net Rent To The Operator Drops From $135,000 to ~$75,000, Meaning This Unit Only Needs To Do Revenue Of $1M In Annual Gross Sales To Maintain A Healthy 7.5% Rent To Sales Ratio
-Operator’s Existing Stores: Top Two Clear $1M+ Revenue In Far Weaker Demographics Than Naperville
-The Subtenant Economics Flow Only To The Operator, But This Creates Downside Protection Without Capping Upside
Investment highlights
- Absolute NNN Lease - No Landlord Responsibilities
- Extremely Low Rent at Price/SF
- New 12-Year Base Term with Two (2) 5-Year Options
- 2% Annual Rent Increases
- Lease Term: 144 months (12 years) Commencing Upon Building Delivery to Tenant Renewal Options: Two (2) x Five (5) year options (22 years total potential term)
- 8,770 SF (Multi-Bay Auto Service Center) on 1.19 Acres
Tenant Responsibilities (NNN):
- All Maintenance and Repairs Including Structural, Roof, and Load-Bearing Walls
- All Taxes and Assessments
- All Insurance and Utilities
Operator Strength:
- Proven and seasoned multi-unit Grease Monkey franchisee
- Personal Guarantee Backed By Strong Financials
The Sublease: Hidden deal Within the Deal:
-Operator Has Signed A 12-Year Carwash Sublease With Illinois-Based Global Wide Holdings, Co-Terminus With The Master Lease Term
-Subtenant Pays $60,000/Yr Base Rent Plus:
-50% Of Real Estate Taxes And Insurance
-100% Of The Water Bill
-40% Of Gas And Electric
-50% Of Trash, Internet, And Phone
-Sublease Escalates At 2% Annually, Mirroring Master Lease
-Effective Net Rent To The Operator Drops From $135,000 to ~$75,000, Meaning This Unit Only Needs To Do Revenue Of $1M In Annual Gross Sales To Maintain A Healthy 7.5% Rent To Sales Ratio
-Operator’s Existing Stores: Top Two Clear $1M+ Revenue In Far Weaker Demographics Than Naperville
-The Subtenant Economics Flow Only To The Operator, But This Creates Downside Protection Without Capping Upside
Faits sur la propriété
| Prix | 3 194 775 $ CAD | Classe d’immeuble | C |
| Prix par pi² | 364,28 $ CAD | Taille du lot | 1,19 AC |
| Type de vente | Investissement | Taille du bâtiment | 8 770 pi² |
| Taux de capitalisation | 6% | Nombre d’étages | 1 |
| Type de propriété | Spécialité | Année de construction/rénovation | 2003/2025 |
| Sous-type de propriété | Station de lavage auto | Ratio de stationnement | 2,72/1 000 pi² |
| Prix | 3 194 775 $ CAD |
| Prix par pi² | 364,28 $ CAD |
| Type de vente | Investissement |
| Taux de capitalisation | 6% |
| Type de propriété | Spécialité |
| Sous-type de propriété | Station de lavage auto |
| Classe d’immeuble | C |
| Taille du lot | 1,19 AC |
| Taille du bâtiment | 8 770 pi² |
| Nombre d’étages | 1 |
| Année de construction/rénovation | 2003/2025 |
| Ratio de stationnement | 2,72/1 000 pi² |
1 1
Assez accessible à pied
40/100
Exceptionnellement adapté aux voitures
90/100
Transports en commun limités
30/100
Plutôt accessible en vélo
40/100
Impôts fonciers
| Numéro de lot | 07-01-21-209-007 | Évaluation des bâtiments | 620 349 $ CAD |
| Évaluation du terrain | 168 632 $ CAD | Évaluation totale | 788 982 $ CAD |
Impôts fonciers
Numéro de lot
07-01-21-209-007
Évaluation du terrain
168 632 $ CAD
Évaluation des bâtiments
620 349 $ CAD
Évaluation totale
788 982 $ CAD
1 de 10
Vidéos
Visite extérieure 3D Matterport
Visite 3D Matterport
Photos
Vue depuis la rue
Rue
Carte
1 de 1
Présenté par
5008 Ace Ln - Grease Monkey Oil Change & Car Wash
Vous êtes déjà membre? Connectez-vous
Hmm, il semble y avoir eu une erreur lors de l’envoi de votre message. Veuillez réessayer.
Merci! Votre message a été envoyé.