Advance Auto Parts - Chicago, IL
4625 South Pulaski Road, Chicago, IL, 60632, US
2 993 000 $ | 648 mètres carrés
Descriptif
JLL presents a single-tenant Cracker Barrel property in Merrillville, IN with 15 years remaining on a 20-year absolute NNN lease with 1% annual rent increases. The property benefits from strategic I-65 positioning (115,000+ VPD), proximity to Chicago (30 miles), and location in a thriving market with $193M in construction value (2023). The area is experiencing a $1B+ data center boom with major tech companies investing. Cracker Barrel (Nasdaq: CBRL) generates strong $4.6M annual sales at this location with a healthy 4.25% rent-to-sales ratio. The investment features zero landlord obligations, an oversized 3+ acre parcel, average household income of $95K within a 1-mile radius, and 30% daytime population increase in the immediate area.
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Attributs
Superficie du bâtiment nette
774 mètres carrés
Année de construction
1989
Taux de capitalisation
5,85 %
RNI
267 000 $
VALSE
15 années
Média
Points forts de l'investissement
- Absolute NNN lease with 1% rent growth annually
- 15-Years (Initial lease term of 20 years with 15 years remaining)
- Strategically located along I-65 (115,000+ VPD)
- $95K Average Household Income (1-mile radius)
- Oversized 3+ AC parcel size
- Significant residential and commercial development (planned and completed)
- The Property has strong sales of $4.6M with a healthy rent-to-sales ratio of 4.25%
- Daytime population increase of 30% within a 1-mile radius
Contactez les courtiers
Ares - Cracker Barrel - Merrillville, IN (0 Propriétés)
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Dernière mise à jour
23 juil. 2025
