Chicago Advance Auto Parts property for sale for $2.4 million

June 5, 2019
B+E, the first brokerage and technology platform for net lease real estate, today announced that the Advance Auto Parts property at 3016 W Peterson Ave, Chicago, is for sale for $2.4 million.
B+E, the first brokerage and technology platform for net lease real estate, today announced that the Advance Auto Parts property at 3016 W Peterson Ave, Chicago, is for sale for $2.4 million.
The building is +/- 7,040 SF on +/- 0.43 acres of land and includes parking.  The property carries a cap rate of 5.85% with a remaining term of 8 years and 8 months. “Advance Auto Parts is a $9.5 billion leader in the auto parts market,” said Tim Hain with B+E.  “There are over 400,000 people within 3-miles of the property and over two million residents living within a 10-mile radius of the property.” Notable surrounding tenants include Walgreens, Bank of America, Starbucks, Target, T.J. Maxx, Chipotle Mexican Grill and Potbelly Sandwich Shop. For more information, contact Tim Hain at [email protected] or go to www.benetlease.com.

Sponsored Recommendations

ZEUS+: The Cutting-Edge Diagnostic Solution for Smart, Fast, and Efficient Auto Repairs

The new ZEUS+ simplifies your diagnostic process and guides you through the right repair, avoiding unnecessary steps along the way. It gives you the software coverage, processing...

Diagnostic Pre- and Post-scan Reports are Solid Gold for Profitability

The following article highlights the significance of pre-scans and post-scans, particularly with Snap-on scan tools, showcasing their efficiency in diagnosing issues and preventing...

Unlock Precision and Certainty: TRITON-D10 Webinar Training for Advanced Vehicle Diagnostics

The TRITON-D10 lets you dig deep into the systems of a vehicle and evaluate performance with comparative data, systematically eliminating the unnecessary to provide you with only...

APOLLO-D9: Trustworthy Diagnostics for Precision Repairs

The APOLLO-D9 provides the diagnostic information and resources you need to get the job done. No more hunting through forums or endlessly searching to find the right answers. ...

Voice Your Opinion!

To join the conversation, and become an exclusive member of Vehicle Service Pros, create an account today!