Auto Glass Now! - Lyons, IL
Retail | 8.00% CAP | 2,471 SqFt
Marketing description
Colliers Net Lease Investment Group is pleased to present to qualified investors the opportunity to acquire a 100% fee interest in a newly renovated Auto Glass Now location in Lyons, IL. This is a chance to acquire an institutional credit-rated single tenant net lease just miles from downtown Chicago. Auto Glass Now is a subsidiary of Driven Brands, the leading provider of services to the automobile industry. “Driven brands is a publicly traded $2+ billion market cap company listed on the Nasdaq, Ticker symbol DRVN”
This 2,471-square-foot property is located on the South side of busy Ogden Avenue. Immediately proximate neighbors include Wendy’s, Burger King, Family Dollar, 7-11, Walgreen’s, Starbucks, and more.
Ogden Avenue brings 24,000+ people by the property daily. There are over 18,500 people within 1 mile and 124,000+ people within 3 miles of the store.
The single-tenant building is offered at $987,500 corresponding to a 8.00% cap rate.
Investment highlights
Strategic Location
• Located just off heavily traveled I-171
• Populated residential area with 24,000+ VPD on Ogden Ave.
• Property is proximate to national tenants Wendy’s, Burger King, Family Dollar, 7-11, Walgreen’s, Starbucks, and more
Strong Investment Fundamentals
• New leases term
• Corporate Guarantee
• Newly Renovated
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