AutoZone for Sale in Lisle, IL
Lisle, IL
Key Investment Metrics
Price
$2,008,695
Cap Rate
5.8%
Net Operating Income
$115,500
Building Size
7001 SF
Land Area
1 Acres
Remaining Term
9.1 years
Lease Expiration
08/31/2035
Lease Term
30.8 years
Lease Commencement
11/02/2004
Lease Type
NN
Tenant Credit
Credit Rated
Year Built
1970
Occupancy
100%
Tenancy
Single
Rent Increases
6% in 2030 and 10% in Options
AI illustration · Not the listed propertyProperty overview
AutoZone in Lisle
Review the reported property and lease details, then request the supporting documents for your acquisition review.
- Building area
- 7,001 SF
- Land area
- 1 acres
- Year built
- 1970
- Lease type
- NN
- Lease expiration
- 08/31/2035
Confirm current availability, pricing and lease terms through the inquiry form before relying on this listing.
Before you make an offer
Four things to verify
- 1
Lease and guaranty
Request the executed lease and amendments. Identify the legal tenant, guarantor and landlord obligations.
- 2
Income and expenses
Obtain the rent roll and operating statement supporting the advertised NOI and cap rate.
- 3
Property condition
Review survey, title, condition and environmental information relevant to this property.
- 4
Exchange requirements
For a 1031 exchange, confirm eligibility and deadlines with your qualified intermediary and tax adviser.