Advance Auto Parts - Chicago, IL

Jones Lang LaSalle Americas, Inc. (“JLL”) is pleased to offer the opportunity to acquire the fee simple interest in a freestanding single-tenant Advance Auto Parts located at 4625 S Pulaski Road in Chicago, IL (“Property” or “Asset”). The Property is occupied by Advance Stores Company, Inc. (“Tenant”) which operates on an NN lease with ±6.1 years of term remaining, various rent escalations every 5-years and three, five-year renewal options.

Located in on Chicago’s south side, the Property is conveniently situated with visibility directly on S Pulaski Road, a major north-south throughfare in Chicago. Less than 1 mile to the I-55/Pulaski interchange and 15 minutes to downtown Chicago, the Property has accessibility to more than 207,000+ vehicles per day. Located within the established Archer Heights and Brighton Park communities of Chicago, the market’s urban infill nature presents significant entry barriers and limits the availability of prime, high-traffic locations for new retail developments. The area remains an attractive area to both established retailers and new market entrants.