https://www.colliers.com/p-usa1104709
- For sale
For Sale
$1,565,200 USD
We are pleased to offer to qualified investors, an opportunity to acquire an absolute NNN lease single tenant investment, occupied by Take 5 Oil Change on a brand new 11 year ground lease with 4, 5 year options. Exceptionally well located across from Mariano’s and adjacent to major retailers such as Walmart Supercenter, Sam’s Club, Whole Foods, Meijer, Menards and more, the subject property benefits from easy access and good visibility in the areas main retail trade destination. This is a rare opportunity to own a brand new 11-year ground lease in one of the strongest retail trade areas in the Chicago MSA, providing passive income with 7.50% rental increases every 5 years and zero day-to-day landlord responsibilities.