Auto Repair Center on NNN
For Sale
Contact for pricing
Pending
5805 S Archer Ave, Chicago, IL 60638
Auto repair center leased on NNN with 3.9 years remaining and 3% annual rent increases.
Property Size14,624 SF
Days on Market150
Property Features for 5805 S Archer Ave
General Information
Standard status
Pending
Size
14,624 SF
Property subtype
Retail
Listing Agency:
Marcus & Millichap - Columbus
Listed By:
Dan Yozwiak · License #OH: SAL.2008003600
(614) 360-9036
Source:
Crexi
Added: Apr 11
Changed: Aug 24
Last Checked: Sep 7 at 8:16AM
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 Marcus & Millichap - Columbus
Investment Insights
Based on property information with market context.
This is a 14,624-square-foot auto repair center offered for sale, operating under a net (NNN) lease. The lease has 3.9 years remaining and includes 3% annual rental increases.
Recent capital investment is documented at approximately $120,000 in building improvements. The property is positioned as an income-producing automotive asset with a clearly defined remaining lease term and scheduled rent escalations.
With the NNN structure and current lease in place, this offering may appeal to buyers looking for an automotive service facility that is supported by an existing tenant agreement through the remaining lease period.
Recent capital investment is documented at approximately $120,000 in building improvements. The property is positioned as an income-producing automotive asset with a clearly defined remaining lease term and scheduled rent escalations.
With the NNN structure and current lease in place, this offering may appeal to buyers looking for an automotive service facility that is supported by an existing tenant agreement through the remaining lease period.
Key Highlights
- 14,624‑SF auto repair center leased on a NNN basis
- Lease has 3.9 years remaining
- NNN lease includes 3% annual rental increases
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
610
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 60638, IL
56,928
Population
21,636
Households
2.6
Avg Household Size
39
Median Age
24%
College-Educated
84%
High-School Grad
11.1 sq mi
ZIP Area
5,129
Density / Sq Mi
$89,191
Median Household Income
$50,902
Median Earnings
$1,327
Median Rent
$283,500
Median Home Value
Market
Vacancy Rate% for Retail in Chicago, IL
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Similar Off Market Nearby
- On The Way Truck Repair — 5705 W 58th St, Chicago, IL 60638
- Economy Auto Body Shop — 5708 S Central Ave, Chicago, IL 60638
- Kasia Insurance — 6018 S Archer Ave, Chicago, IL 60638
- Jaime Auto Service — 6010 S Archer Ave, Chicago, IL 60638
- Cardenas Truck Repair — 5400 s central ave, chicago, il 60638
Frequently Asked Questions
What type of property is this?
Auto shop - Auto repair center leased on NNN with 3.9 years remaining and 3% annual rent increases.
Where is this auto shop located?
The property is located at 5805 S Archer Ave Chicago, IL.
What are key features of this property?
This property features: 14,624‑SF auto repair center leased on a NNN basis; Lease has 3.9 years remaining; NNN lease includes 3% annual rental increases
