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AutoZone

$2,010,000

5509 Illinois 53, Lisle, IL 60532

Active
Last Updated: 02/12/2025

5.75

Cap Rate

115,500

NOI

Details:
Cap Rate:    5.75%
NOI:    $115,500
Building Size:    7,001 sqft
Lot Area:    1.03 acres
Occupancy:    100%
Lease Type:    Double Net
Tenancy:    Single
Highlights:
  • INVESTMENT GRADE TENANT | CORPORATE GUARANTY
  • 20+ YEAR OPERATING HISTORY | RECENT LEASE EXTENSION
  • CROSSROADS OF TWO MAJOR INTERSTATES AND METRA TRAIN SYSTEM
  • “MAIN & MAIN LOCATION” | PREMIER RETAIL NODE
  • AFFLUENT WESTERN CHICAGO SUBURB
Description:

Mid-America Real Estate Corporation has been retained by the owner to sell the fee simple interest in 5509 Route 53, an AutoZone in Lisle, Illinois. AutoZone is operating on a net lease with term through 2035 and has been operating at the site since 2005.

Map:
Documents:
Title
AutoZone_-_Lilse__Illinois_OM.pdf
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Location
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