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29827064
29827065

2075 Bloomingdale Rd, Glendale Heights, IL 60139

JC
IL 475.204707
Horvath & Tremblay
Listed by Horvath & Tremblay
$1,724,735
118 days on market
Updated 118 days ago

Advance Auto Parts

Details
Property Type Retail
Sub Type Auto Shop
Square Footage 7,000
Net Rentable (SqFt) 7,000
Cap Rate 6.25%
NOI $107,796
Occupancy 100%
Tenancy Single
Brand/Tenant Advanced Auto Parts
Lease Type Modified
Lease Term 25
Lease Expiration 12/31/2029
Remaining Term 3.5
Lease Options 3,5-Year
Price per SqFt $246
Year Built 2004
Buildings 1
Acreage 1.050
Investment Type Net Lease
Tenant Credit Corporate Guarantee
Lease Commencement 12/30/2004
Ownership Fee Simple

Retail | 6.25% CAP | 7,000 SqFt

Marketing description

Horvath & Tremblay is pleased to present the exclusive opportunity to purchase the fee simple interest in an Advance Auto Parts located at 2075 Bloomingdale Road in Glendale Heights, Illinois (the “Property”). Constructed in 2004, Advance Auto Parts has been at this location for 21 years and has extended their lease twice, demonstrating their commitment to the site and the market. Advance Auto Parts has just under 4 years of term remaining followed by three (3), 5-year renewal options. The lease features attractive and impressive 22.7% rent increase at the start of the first option period, with 5% rent increases at the start the second and third options..

The Property is positioned along Bloomingdale Road, the primary north-south retail and commuter route through Glendale Heights. Advance Auto Parts benefits from strong visibility and access at the Bloomingdale Road entrance of a Home Depot, allowing it to capture traffic flowing into and out of the shopping center. The site is surrounded by a mix of national retailers, service providers, and restaurants that generate consistent daily traffic and is located near the intersection of Bloomingdale Road and Army Trail Road, minutes from Interstate 355 for convenient regional connectivity. Surrounded by established residential neighborhoods, the Property draws from a dense and stable customer base and is near major employers, schools, and community amenities that support ongoing activity in the immediate area.

Glendale Heights is a far west suburb of Chicago, roughly 25 miles from downtown and 10 miles from O’Hare International Airport.

Investment highlights

LONG-TERM OCCUPANCY: Advance Auto Parts has been at this location for 21 years and has executed two lease extensions, demonstrating their commitment to the site and the market. Advance Auto Parts has 3+ years remaining on their lease with three (3), 5-year renewal options.

CORPORATE LEASE: 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 $3.54 billion (as of 02/11/2026). AAP is a Fortune 500 company and reported 2024 revenue of $9.1 billion.

ATTRACTIVE RENT INCREASES: The Advance Auto Parts Lease calls for an impressive 22.7% rent increase at the start of the first option period, followed by 5% rent increases at the start of the second and third options, providing the investor with an attractive increase in revenue and a hedge against inflation.

MINIMAL LANDLORD RESPONSIBILITIES: Advance Auto Parts is responsible for the majority of operating expenses at the Property (real estate taxes, insurance, and common area maintenance), as well as general repairs and maintenance. Advance Auto Parts is also responsible for capital repairs and replacements to the HVAC system, roof and parking lot. The Landlord is responsible for the structure, foundation, and slab and maintaining general liability insurance.

STRATEGIC LOCATION: Advance Auto Parts is situated along Bloomingdale Road, a primary commercial and commuter corridor in Glendale Heights, and benefits from strong frontage, visibility, and access near the entrance to a Home Depot–anchored retail center. The Property is surrounded by a mix of national retailers, restaurants, and service-oriented businesses that generate consistent daily traffic and is convenient to densely populated residential neighborhoods and area schools that provide a built-in customer base. The site is centrally located with convenient access to Army Trail Road and Interstate 355, offering strong regional connectivity throughout DuPage County. The Property is also near major employers, healthcare providers, and light industrial and distribution facilities that support a substantial employment base and drive ongoing activity in the immediate trade area.

RECESSION & E-COMMERCE RESISTANT TENANT: 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.

RETAIL TRADE AREA: Additional retailers in the trade area include Home Depot, Jewel-Osco, McDonald’s, Aldi, Starbucks, Chase Bank, Firestone, Bank of America, 7-Eleven, Walter E. Smithe Furniture, Burger King, KinderCare, Taco Bell, Physicians Immediate Care, Jimmy John’s, Dunkin’, Boost Mobile, Domino’s, AutoZone, Smoothie King, Midas, and O’Reilly Auto Parts.

DUPAGE COUNTY: Glendale Heights is located in DuPage County, which has considerably less tax exposure than neighboring Cook County. This makes it a more desired sub-market for Chicago commercial real estate. DuPage County has over 940,000 residents with an average household income of $167,261, producing strong spending power in Glendale Heights and the surrounding communities.

HIGH TRAFFIC COUNTS: Over 17,200 vehicles pass directly in front of the Property each day along Bloomindale Road, while more than 62,800 vehicles per day pass by at the adjacent signalized intersection of Bloomingdale Road with E Army Trail Road.

STRONG DEMOGRAPHICS: Over 95,200 people live within 3 miles of the Property with an average household income of $132,426. More than 270,500 people live within a 5-mile radius of the Property with an average household income of $147,878. Additionally, there are more than 144,300 employees within 5 miles of the Property.

Listing Contacts

JC
IL 475.204707
Horvath & Tremblay
Listed by Horvath & Tremblay

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Loan Amount
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$107,796.00
$8,983.00/mo

Valuation Metrics

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DSCR
6.25%
Cap Rate
6.25%
ROI

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Additional Information

Name
John Przybyla
License
4710104441
Title
Broker of Record
Name
Jack Collins
License
475.204707
Brokerage Phone
3125486822
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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