Listed by Stream Capital Partners
$2,000,000
Diehl Auto Repair
Details
Property Type Retail
Sub Type Storefront, Auto Shop
Square Footage 4,386
Cap Rate 7%
NOI $140,000
Tenancy Single
Lease Term 15
Lease Options 4, 5-year options
Year Built 1958
Year Renovated 2026
Acreage 0.410
Investment Type Net Lease
Ground Lease No
Long-Term Sale Leaseback | Fast Growing Auto Repair Business | Affluent West Suburban Chicago Market
Investment highlights
- Long Term Absolute NNN Lease: The tenant will sign a 15 year, abs. NNN lease at COE providing no landlord responsibilities for the duration of the lease term.
- Annual Rental Increases: Structured 2.00% annual rent increases every year providing excellent rent growth and a hedge against inflation.
- Profitable Auto Repair Business: Approximately 3x EBITDAR:Rent coverage giving the business plenty of room for future growth.
- Primary Retail Thoroughfare: Ogden Ave. provides exposure to 30,000 VPD and is a prominent retail thoroughfare, stretching from the City of Chicago through the western suburbs. Other nearby retailers include Hobby Lobby, Trader Joe’s, Fresh Thyme Market, McDonalds, Panera, and Aldi, among others.
- Affluent Chicago MSA Location: Downers Grove is an affluent area in Chicago’s western suburbs with 86,000 residents and an average household income of $155,000 within a 3 mile radius.
Listing Contacts
Listed by Stream Capital Partners
Valuation Calculator
Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$140,000.00
$11,666.67/mo
Valuation Metrics
0
DSCR
7%
Cap Rate
7%
ROI
Map
Zoning
B-3 CommercialSpecial CommercialGeneral Services And Highway Business
View municipality zoning documents Upgrade to see the zone description and what's allowed on this property
Upgrade to search and view land use codes
View all 99 uses
View all 99 uses Last updated Mar 6, 2026 For deeper zoning details, reports are available at Zoneomics
Broker Selected Comps View More Comps
Property History
Tax History
Similar Properties
Additional Information
Name
License
Brokerage
Is there information that looks off?
