Auto Repair Center on NNN
5805 S Archer Ave Chicago, IL 60638
For Sale
Contact for pricing
Pending
Auto repair center leased on NNN with 3.9 years remaining and 3% annual rent increases.
Property Size14,624 SF
Days on Market104
Property Features for 5805 S Archer Ave
General Information
- Standard status
- Pending
- Size
- 14,624 SF
- Property subtype
- Retail
Listing Agency:
Marcus & Millichap | The Patel Yozwiak Group
(614) 360-9036
Listed By:
Darpan Patel · License #OH SAL.2012000748
Source:
Crexi
Added: Apr 11
Changed: Jul 23
Last Checked: Jul 23 at 7:09AM
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 | The Patel Yozwiak Group
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
Location Intelligence
Current Use by Public Records
A-Ok Auto Body ...
Auto Repair Shop
Similar Off Market Nearby
- Kasia Insurance — 6018 S Archer Ave, Chicago, IL 60638
- Cardenas Truck Repair — 5400 s central ave, chicago, il 60638
- Economy Auto Body Shop — 5708 S Central Ave, Chicago, IL 60638
- Jaime Auto Service — 6010 S Archer Ave, Chicago, IL 60638
- On The Way Truck Repair — 5705 W 58th St, Chicago, IL 60638
FAQs
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
