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ADVANCE AUTO PARTS CENTER | SERVICE-BASED TENANTS

$2,125,000 |

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1881 Larkin Avenue
Elgin, Illinois 60123

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Features

  • 100% Occupied Multi-Tenant Center Anchored by Advance Auto Parts
    • National Tenants Include StateFarm and Minuteman Press and Successful, Local Tenant Fade Stars
    • All Net Leased Tenants | Two Tenants have Annual Rent Increases
    • Conveniently Situated Directly off the U.S. Route 20 Interchange | 31,000 Vehicles per Day
  • Stable Tenant Roster with Replaceable Rent
    • Advance Auto Parts Makes up 65% of Income
    • Property Offers Multiple Suites Ranging from 1,000 to 7,000 Square Feet
    • Well-Below Replacement Cost at $209.52 per Square Foot
  • Located Half a Mile from Ascension Saint Joseph Hospital – Elgin
    • 184-Bed Critical Care Hospital and Emergency Room with Advanced Specialty Care Services
  • Highly Populated with Strong Surrounding Drivers
    • 168,008 Residents in a Five-Mile Radius | 2.46% Increase Expected in the Next Five Years
    • Average Household Income of $109,446

Contact

ADRIAN MENDOZA
Senior Vice President Investments
Tel: (630) 570-2163
Adrian.Mendoza@marcusmillichap.com
* Broker of Record: Steven Weinstock

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