Price Per Gla $136.56

Cap 6.00 %

Percent Occupied 100.00 %

Property Overview

Cross Street River St

Tax Parcel Number

Market Chicago Msa

Sub Market West Suburbs

Year Built 2003

Building Class A

Location Class A

No. Of Buildings 1

Mixed Use No

Street Frontage 190'

Corner No

No. Of Parking Spaces 40

Parking Ratio 5.7/1000

No. Tenants 1

No. Stories 1

Occupancy 100.00 %

Property Description

Corporate Guaranteed Autozone Ground Lease. Property Includes A 7200Sf Single Story Retail Building Which Is 100% Occupied And Built By Autozone, Located On A 34,200Sf Land Parcel. Original 15 Year Ground Lease- Tenant Just Exercised Option Early- Total Remaining Fixed Term Is 10 Years, Plus Two 5-Year Options. 6% Bumps In Lease At Options. Absolutely Zero Ll Responsibilities. Subject Property Is Ideally Located On A Busy Retail Corridor, With ~30,000Cars/Day, Directly Across The Street From A Grocery Anchored Shopping Center, And Many National Retailers. Property Has Excellent Visibility, High Traffic Counts, And Affords A Passive Investor The Long Term Stability Of A High Quality Net Leased Investment, In The Chicago Msa, With A Fortune 500 National Tenant.

Area Description

Aurora Is A Fast Growing, Affluent City Located 30 Miles West Of Downtown Chicago. Located Within The Chicago Msa, The "City Of Lights" Is Accessible Through Five Interchanges On The Prominent East/West Tollway Corridor. Relocated Corporate Offices, Commercial Growth And Residential Expansion On The City