3930-3934 W 24th Street, Chicago, IL 60623

LONG TERM TENANTS: Advance Auto Parts has been at the Property since 2009 and currently has 7+ years of term remaining with three (3), 5-year renewal options. DaVita Dialysis has been at this location since 2013 with 2+ years of term remaining followed by three (3), 5-year renewal options. This is an exceptionally busy location for DaVita; due to the demand they are open 6 days per week with extended hours (5AM to 11PM) three days per week. Crown Castle (cell tower) has been at this location since 1998 and has 2+ years remaining on their lease with three (3), 5-year renewal options.

SIGNIFICANT UPSIDE POTENTIAL: The Property is 89.99% occupied and features one vacant 1,482 square foot unit. The versatile unit offers significant upside through lease-up, offering an investor the opportunity to bolster the rent roll and increase revenue.

STRONG CORPORATE TENANTS: The Advance Auto Parts store is corporately leased and operated. Advance Auto Parts (AAP) is traded on the NYSE and has a market cap of $3.60 billion (as of 08/26/2025). AAP is a Fortune 500 company and reported 2024 revenue of $9.1 billion. DaVita has been a leader in comprehensive kidney care for 25 years. DaVita employs more than 281,000 people and operates 3,166 outpatient dialysis centers, of which 2,657 centers are located in the United States. DaVita reported consolidated revenues of $12.816 Billion in 2024.

SCHEDULED RENT INCREASES: The DaVita lease calls for attractive 3% annual rent increases during the remaining term, and fair market rent in the option periods. The Advanced Auto Lease calls for a fixed rent increase in at the start of each renewal option, and the Crown Castle cell tower calls for 3% annual rental increases throughout the options periods. The scheduled rental increases provide for a steady increase and income and a hedge against inflation.

CROWN CASTLE: Crown Castle has operated a cell tower on the site since 1998 and recently made a significant, high dollar investment into the site, upgrading their tower and equipment to support the 5G format.

ATTRACTIVE ASSUMABLE DEBT: The Property has attractive in-place debt that can be assumed. The loan originated on 09/30/2022 with a 7-year term (10/01/2029 maturity) and a fixed interest rate of 5.11%. The debt has a thirty (30) year amortization schedule. The loan balance is $3,166,897 as of 08/01/2025.

STRATEGIC RETAIL LOCATION: The Property is situated in the densely-populated Little Village neighborhood, just two blocks from 26th Street – one of the highest revenue commercial corridors in Chicago after Michigan Avenue. The area, known as the “Mexico of the Midwest”, is home to an extensive concentration of local businesses, entertainment, and services with national tenants mixed in. The location is also in close proximity to South Cicero Avenue, which is home to a number of major retail centers that drive additional consumers to the area.

AREA DEVELOPMENT: A new freestanding, single tenant Tide Laundromat was recently developed on the lot in front of the Property (adjacent to Burger King) enhancing the desirability of the Property and increasing the pedestrian and vehicular traffic in the area.

AREA RETAILERS: Additional retailers in the area include Burger King, Family Dollar, AutoZone, Dunkin’, Walgreens, Chase Bank, Fifth Third Bank, Domino’s, CVS. McDonald’s, Subway, Dollar Tree, PNC Bank, and an extensive array of national brands located at the nearby Cicero Market Place and Hawthorne Works retail centers. Major tenants include Sam’s Club, Home Depot, Target, Menards, Food 4 Less, Target, AMC, Cermak Fresh Market, and many others.

RECESSION RESISTANT TENANTS: Auto repair, auto parts, and tire stores remain in high demand among Net Lease investors. The U.S. auto fleet is expected to grow by more than 10% of the next 3 years, resulting in more than 300 million vehicles (with an average age of 11 years) on the road by 2028. More cars on the road, an aging fleet, and more miles driven are all predictors for a healthy automotive parts and automotive repair industry. With an Aging baby-boomer population and the demand for dialysis growing, the need for brick-and-mortar medical buildings will continue to increase.

DEMOGRAPHICS: There are over 63,100 people living within one mile of the Property, while an impressive 338,400+ people live within three miles of the property with average household incomes of $81,020.