Automotive Service Center For
23846 W 135th St Plainfield, IL 60544
For Sale
$1,250,000
Established automotive service center with net lease and annual increases.
Property Size3,900 SF
Price / SF$320.51
Days on Market245
Property Features for 23846 W 135th St
General Information
- Standard status
- Active
- Size
- 3,900 SF
- Property subtype
- Retail
Building Details
- Year Built
- 2004
Listing Agency:
SVN Landmark Commercial Real Estate
(616) 566-5790
Listed By:
David De Maagd, CPA, MBA · License #471012919
(616) 566-5790
Source:
Svn
Added: Nov 21, 2025
Changed: Jul 6
Last Checked: Jul 24 at 5:44AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of SVN Landmark Commercial Real Estate
Investment Insights
Based on property information with market context.
This automotive service center is located in the SW suburbs of Chicago in Plainfield, on 135th St near the intersection with Route 59. The property is situated on a Menard's outlot within a busy commercial corridor surrounded by national retailers, including Menards, Wendy's, and Dunkin Donuts. The Tuffy Auto Service Center has been in operation for over 20 years, built-to-suit in 2004. It features 6 service bays and operates under a net lease with 2% annual increases. The operator is a multi-unit franchisee. The property has over 3.5 years of lease term remaining. Tuffy Tire & Auto Service Centers is a chain of franchise and company-owned automotive service centers headquartered in Toledo, Ohio. The property is suitable for auto shops, automotive properties, and retail properties. The building size is 3,900 square feet.
Key Highlights
- Net lease property with 2% annual increases
- Longstanding operation (20+ years) in place since 2004
- Located on a Menard's outlot in high‑traffic commercial corridor
Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $58.5k | $15.00 |
| − Vacancy | −$5.9k | −$1.50 |
| EGI | $52.7k | $13.50 |
| − OpEx | −$15.8k | −$4.05 |
| NOI | $36.9k | $9.45 |
3,900 SF · lease $15.00/SF/yr · vacancy 10.00% · expense 30.00%
Alternative Uses
Best Use
Retail
$526.5K
$460.7K – $614.3K
NOI $36,855 @ 7.0% cap · market cap 2.95%
Second Best
Industrial
$239.8K
$209.9K – $279.8K
NOI $16,788 @ 7.0% cap · market cap 1.34%
Theoretical Best
Office A
$884.5K
$774.0K – $1.03M
NOI $61,916 @ 7.0% cap · market cap 4.95%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Tuffy Tire & Auto ...
Auto Repair Shop
Similar Off Market Nearby
- Rod Baker Ford Sls Inc Service — 13921 Illinois Rte 59, Plainfield, IL 60544
- Rod Baker Ford Sls Inc — 13921 Illinois Rte 59, Plainfield, IL 60544
- Bartel's Auto Clinic — 13725 Illinois Rte 59, Plainfield, IL 60544
- Last Resort Mobile RV Repair — 24107 Pheasant Chase Dr, Plainfield, IL 60544
- Crash Champions Collision Repair Plainfield — 14022 Illinois Rte 59, Plainfield, IL 60544
FAQs
What type of property is this?
Auto shop - Established automotive service center with net lease and annual increases.
Where is this auto shop located?
The property is located at 23846 W 135th St Plainfield, IL.
What is the asking price?
The asking price for this property is $1,250,000.
What are key features of this property?
This property features: Net lease property with 2% annual increases; Longstanding operation (20+ years) in place since 2004; Located on a Menard's outlot in high‑traffic commercial corridor
