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2629 W Ave N Melrose Park, IL

For Sale
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Automotive property with long-term tenant in Melrose Park, IL.

Property size:
14,040 SF
Lot size:
1.60 Acres

Property Features for 2629 W Ave N

General Information

Size
14,040 SF
Lot size
1.60 Acres

Source: SRS Real Estate Partners | Tampa Agent Patrick Luther

Displayed information is deemed reliable but is not guaranteed and should be independently verified.


Overview

Melrose Park Automotive Property

The property is tenanted by Advance Auto Parts, which has over 6 years remaining on its lease. The lease includes 3 (5-year) options to extend, indicating the tenant's commitment to the location. The lease agreement specifies rental increases of 7.5 to 10% at the beginning of each option period. The property has a size of 14,040 square feet and is located in Melrose Park, IL.
Location Intelligence

Current Use by Public Records

Automotive properties

Similar Places Nearby

J & M Truck Wash, U-Haul Moving & Storage of Melrose Park, Penske Truck Rental, Trailer Rental at U-Haul, U-Box at U-Haul

Map

City
Melrose Park
County
Cook
State
Illinois
Longitude
-87.8567276
Latitude
41.9005865

FAQs

What type of property is this?
Automotive property - Automotive property with long-term tenant in Melrose Park, IL.
Where is this automotive property located?
The property is located at 2629 W Ave N Melrose Park, IL.
What are key features of this property?
This property features: - Tenant (Advance Auto Parts) has over 6 years remaining on the lease.; - Lease includes 3 (5-year) options to extend.; - Rental increases of 7.5 to 10% at the beginning of each option period.
More about this property
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