Absolute NNN Automotive
For Sale
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5008 ACE LN, Naperville, IL 60564
Single-tenant automotive property combining oil-change service with a car wash component under an absolute NNN lease structure.
Property Size8,770 SF
Price / SF$248
Days on Market176
Property Features for 5008 ACE LN
General Information
Standard status
Active
Size
8,770 SF
Property subtype
Retail, Special Purpose
Occupancy
100%
Lease Type
Absolute Net
Building Details
Year Built
2003
Year Renovated
2025
Units
1
Tenancy
Single
Listing Agency:
CBRE - Tampa
Listed By:
James Garner, CCIM · License #FL SL3273659
Source:
Crexi
Added: Apr 24
Changed: Oct 13
Last Checked: Oct 16 at 9:37AM
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 CBRE - Tampa
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Investment Insights
Based on property information with market context.
This 8,770-square-foot commercial property in Naperville, Illinois, was built in 2003 and is occupied by Grease Monkey for oil-change and automotive service operations. The single-tenant arrangement is structured as a 12-year absolute NNN lease, with the landlord relieved of operating and capital expenditure responsibilities under the lease framework.
The site also includes a car wash operation through a separate 12-year sublease that runs concurrently with the master lease. The sublease provides for 2% annual escalations and allocates portions of real estate taxes, insurance, utilities, trash, internet, and phone expenses to the subtenant. The property is in DuPage County, approximately 30 miles west of downtown Chicago.
The site also includes a car wash operation through a separate 12-year sublease that runs concurrently with the master lease. The sublease provides for 2% annual escalations and allocates portions of real estate taxes, insurance, utilities, trash, internet, and phone expenses to the subtenant. The property is in DuPage County, approximately 30 miles west of downtown Chicago.
Key Highlights
- 8,770‑square‑foot automotive property in Naperville, DuPage County, Illinois
- Built in 2003
- 12‑year absolute NNN lease with Grease Monkey
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$89,543
Cap Rate
4.12%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,790,860
$1.8M
Cap Rate 7%
$1,279,186
$1.3M
Cap Rate 9%
$994,922
$994.9K
Market Conditions
NOI Build-Up for 8,770 SF
Gross rent
$136.8K $15.60/SF
− Vacancy
−$8.9K −$1.01/SF
EGI
$127.9K $14.59/SF
− OpEx
−$38.4K −$4.38/SF
NOI
$89.5K $10.21/SF
Area
Naperville, IL
Vacancy
6.50%
Lease Rate
$15.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,790,860
Cap Rate 7%
$1,279,186
Cap Rate 9%
$994,922
Alternative Uses
Best Use
Industrial
$1.28M
$1.12M – $1.49M
NOI $89,543 @ 7.0% cap · market cap 4.12%
Second Best
Specialty Retail
$1.24M
$1.08M – $1.44M
NOI $86,600 @ 7.0% cap · market cap 3.98%
Theoretical Best
Office A
$1.98M
$1.73M – $2.31M
NOI $138,572 @ 7.0% cap · market cap 6.37%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
458
Businesses Nearby
195k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 41%
Apparel 25%
Groceries 22%
Dining 11%
T.J. Maxx
Apparel
48,213 visits/mo
0.2 miles
Angelo Caputo's Fresh Markets!
Groceries
42,563 visits/mo
0.2 miles
Dollar Tree
Shops & Services
18,227 visits/mo
0.2 miles
Starbucks
Dining
13,164 visits/mo
0.1 miles
Speedway
Shops & Services
13,152 visits/mo
0.1 miles
Demographics for 60564, IL
45,616
Population
16,166
Households
2.8
Avg Household Size
40
Median Age
73%
College-Educated
98%
High-School Grad
16.0 sq mi
ZIP Area
2,851
Density / Sq Mi
$176,250
Median Household Income
$89,203
Median Earnings
$2,172
Median Rent
$550,400
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in Midwest region
Frequently Asked Questions
What type of property is this?
NNN property - Single-tenant automotive property combining oil-change service with a car wash component under an absolute NNN lease structure.
Where is this nnn property located?
The property is located at 5008 ACE LN Naperville, IL.
What is the asking price?
The asking price for this property is $2,175,000.
What are key features of this property?
This property features: 8,770‑square‑foot automotive property in Naperville, DuPage County, Illinois; Built in 2003; 12‑year absolute NNN lease with Grease Monkey
