3845 E Main St - Auto Repair FOR SALE


St Charles, IL 60174- Fox River Valley
$4,750,000 USD
775-348-5220
3845 E Main St, St Charles, IL for Sale
$4,750,000 USD
Auto Repair - FOR SALE
1/9
null | 7.03% Cap Rate

3845 E Main St
St Charles, IL 60174
Fox River Valley


HIGHLIGHTS

  • Approximately 105,000 population in a 5 mile radius
  • Corporate Guarantee
  • The lease provides for a cumulative CPI increase every 5 years

OVERVIEW

The Mavis Tire & Brakes offering is located in the city of St. Charles, Kane County, Illinois. This is about 40 miles west of Chicago, and known as the "Pride of the Fox" for the Fox River which runs through it. St. Charles features a bustling downtown, a scenic riverwalk, and attractions like Pottawatomie Park and Hickory Knolls Discovery Center. The city is also noted for its family-friendly amenities, fine dining, unique shops, and a vibrant arts and entertainment scene, making it a popular Chicago suburb. This Mavis location benefits from being located on the main retail corridor or East Main Street and it is adjacent the Target and Petco retail locations on one side with numerous national and regional retailers to the other side and on nearby pad sites. The location also benefits from a strong mixed-use area with industrial businesses and a dense residential corridor as evidenced by viewing the aerial photos provided in this Offering Memorandum. *The 7.03% Cap rate is based on assumed CPI increase for spring 2027. The CPI index is already at 10.8% above the prior CPI index from spring 2022. Seller will credit a Buyer the rent differential of $2,980 per month from close of escrow through the March 2027. As of August 2025, the U.S. Bureau of Labor Statistics (BLS) data indicates the index has already increased 10.8% over the prior adjustment index. Based on the assumption the cumulative CPI index will increased by 12% or more by the next rental increase date, it is assumed that base rent will increase as follows in June 2027: $298,0977 X 112% = $333,846. $333,846 - $298,077 = $35,769 / 12 = $2,980.75 Monthly Rent Credit To A Buyer LISTED BY Illinois Broker of Record: Steven Weinstock One Mid America Plaza, Ste. 200 Oakbrook Terrace, IL 60181 Steven.Weinstock@MarcusMillichap.com Lic #: 471.011175

FOR SALE DETAILS

PRICE

$4,750,000 USD

PRICE/SF

$548 USD /SF

CAP RATE

7.03%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Mavis Tires & Brakes

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Auto Repair

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2007

SPRINKLERS

-

PARKING SPACES

45

LAND DETAILS

LAND ACRES

0.85 AC

LAND SF

37,026 SF

ZONING

BR

APN/PARCEL ID

09-25-426-037,09-25-426-039

ASK ABOUT THIS PROPERTY

Todd BlonsleyMarcus & MillichapMore Info
775-348-5220

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Todd BlonsleyMarcus & MillichapMore Info
775-348-5220

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.