Horvath & Tremblay is pleased to present the exclusive opportunity to purchase a single tenant Take 5 Oil Change located at 3001 Belvidere Road in Waukegan, Illinois (the “Property”). This is a sale-leaseback of a free-standing single tenant Take 5 Oil Change consisting of a single-story 2,400 square foot building with three (3) automotive bays and an office/retail area on a 0.68-acre corner parcel. Take 5 Oil Change will sign a new 15-year Absolute NNN Lease, with three (3), 5-year renewal options upon the close of escrow. The lease calls for attractive 1.5% annual increases in rent throughout the base term and each of the renewal options. The property is extremely well located at the signalized intersection of Belvidere Road (IL Route 120) and S Green Bay Road (IL Route 131), two of the area’s primary commercial and commuter corridors. The Property enjoys outstanding visibility, frontage and access and is in the center of a dense trade area that is home to large shopping centers, national and local retailers, restaurants, and countless businesses, all of which drive traffic to the area. Take 5 is within minutes of several area schools and is surrounded by residential neighborhoods providing a built-in customer base.