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NNN Tire Service Property
For Sale
Contact for pricing
Pending

3540 W Touhy Ave, Lincolnwood, IL 60712

Built-to-suit automotive facility leased to Just Tires with scheduled rent increases and limited landlord responsibilities.

Property SizeContact for details
Days on Market143

Property Features for 3540 W Touhy Ave

General Information

Standard status Pending
Property subtype Retail

Site & Location

Traffic Count 43,100 vehicles/day
Road Access Yes

Building Details

Year Built 2015
Buildings 1
Tenancy Single
Abandoned No
Listing Agency: SRS Real Estate Partners McLean
Listed By: Andrew Fallon · License #PA RSR006585
Source: Crexi
Added: Apr 11 Changed: Aug 29 Last Checked: Aug 29 at 11:31PM

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 SRS Real Estate Partners McLean

Investment Insights

Based on property information with market context.

This fee-simple NNN property includes the building and underlying land occupied by Just Tires, the Goodyear Tire & Rubber Company business. Constructed in 2015 as a built-to-suit prototype, the facility is operated under a lease with approximately 10 years remaining, three 5-year extension options, and 10% rental increases every 5 years and at each option period. The next scheduled increase is in February 2026. The tenant is responsible for CAM, taxes, insurance, and maintenance of the majority of the premises, limiting ongoing landlord obligations.

The property is located at 3540 W Touhy Ave in Lincolnwood, Illinois, at the signalized intersection of W Touhy Avenue and St. Louis Avenue. It serves as an outparcel to Touhy Marketplace, anchored by Walmart Supercenter, and sits across from Lincolnwood Town Center, a 421,000 SF shopping mall with more than 83 stores and services. The site records roughly 43,100 vehicles passing daily and includes significant street frontage with multiple ingress and egress points. The five-mile trade area includes more than 751,000 residents and 287,000 employees, with an average household income of $100,603.

Key Highlights

  • Approximately 10 years remaining on the Just Tires lease
  • Three 5‑year extension options with 10% rental increases every 5 years and at each option period
  • Built‑to‑suit facility constructed in 2015 with fee‑simple ownership of building and land

Property Analytics

Current Use

Auto shops

Suggested Use

Top Pick Parking Lot & Garage (Bike/Boat/Book/etc) Store Butcher Catering Service Acupuncture Restaurant

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

43,100 VPD
Traffic count
Single-tenant
Tenancy
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

1,328
Businesses Nearby
94k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 55% Groceries 27% Dining 14% Electronics 2%
Binny's Beverage Depot Groceries
25,707 visits/mo 0.3 miles
Mobil Shops & Services
17,932 visits/mo 0.2 miles
BP Shops & Services
11,741 visits/mo 0.5 miles
Starbucks Dining
10,879 visits/mo 0.4 miles
Mobil Shops & Services
9,417 visits/mo 0.3 miles

Demographics for 60712, IL

13,463
Population
4,987
Households
2.7
Avg Household Size
46
Median Age
57%
College-Educated
93%
High-School Grad
2.7 sq mi
ZIP Area
4,986
Density / Sq Mi
$107,950
Median Household Income
$60,315
Median Earnings
$3,501
Median Rent
$475,400
Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
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Frequently Asked Questions

What type of property is this?
NNN property - Built-to-suit automotive facility leased to Just Tires with scheduled rent increases and limited landlord responsibilities.
Where is this nnn property located?
The property is located at 3540 W Touhy Ave Lincolnwood, IL.
What are key features of this property?
This property features: Approximately 10 years remaining on the Just Tires lease; Three 5‑year extension options with 10% rental increases every 5 years and at each option period; Built‑to‑suit facility constructed in 2015 with fee‑simple ownership of building and land
(202) 286-1542 Call to check price and availability
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