$2,008,695 USD
214-692-2847
5509 Lincoln Ave
Lisle, IL 60532
Naperville/Lisle
HIGHLIGHTS
- Adjacent to Naperville, One of Chicago’s Most Affluent Suburbs – Lisle sits immediately east of Naperville, which Niche ranked as the #2 Best Suburb
- Recent Extension to 10 Years – In December 2024, AutoZone agreed to extend the lease out to 10 years with rent increases in 2025 and 2030.
- New Roof Membrane Installed in 2025 – New roof membrane installed in 2025 and backed by a 20-year warranty
- Below Market Rent – AutoZone pays just $16.50 PSF, well below comparable retail rents in the expanded trade area, preserving long-term occupancy
- “Long-term” Lease – AutoZone’s lease extends through August 2035, providing nearly 10 years of remaining term.
- Investment-Grade Tenant (NYSE: AZO) – AutoZone has maintained investment-grade credit ratings for more than a decade
FOR SALE DETAILS
PRICE
$2,008,695 USD
PRICE/SF
$287 USD /SF
CAP RATE
5.75%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
AutoZone
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Freestanding
ADD'L SUBTYPES
Auto Repair, Storefront
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2004
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
1 AC
LAND SF
43,560 SF
ZONING
C
APN/PARCEL ID
08-15-203-031
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214-692-2847
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214-692-2847
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