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8717 Ogden Ave Lyons, IL 60534

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For Sale
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High-yield auto shop, strong tenant.

Property size:
2,471 SF

Property Features for 8717 Ogden Ave

General Information

Property type
Automotive properties
Square Feet
2,471 SF
Lot Size
16,117 SF

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Listing Contact
Peter Block
Peter Block

Listing Agency: Colliers - Rosemont, Illinois Listing Agent: Peter Block

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

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Property Insight Report

Overview

This exceptional investment opportunity presents a 2,471-square-foot, newly renovated Auto Glass Now! auto shop in Lyons, Illinois. Located on Ogden Avenue, a high-traffic thoroughfare with over 24,000 vehicles per day, this property benefits from its strategic position near major national brands such as Wendy's, Burger King, Family Dollar, 7-Eleven, Walgreens, and Starbucks. The property sits on a 0.37-acre lot and enjoys 100% occupancy under a Net Lease agreement with a corporate guarantee. The current lease with Auto Glass Now!, a subsidiary of the publicly traded Driven Brands, expires January 31, 2029, offering a remaining term of approximately 4.2 years. The lease includes a 10% rent increase every five years, providing built-in growth potential. The asking price is $987,500, representing an 8.00% cap rate and a price per square foot of $399.64. The property generates a Net Operating Income (NOI) of $79,000. Lease options for 3 or 5-year extensions are available. This is a compelling investment opportunity due to its strong tenant, high-traffic location, and attractive financial metrics. The property's proximity to a densely populated residential area further enhances its long-term value. This single-tenant net lease investment offers a stable and predictable income stream with significant upside potential.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Auto Glass Now Auto Repair Shop

Suggested Use

Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Gym & Fitness Center Building Supply Daycare Center

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Lyons
County
Cook
State
Illinois
Longitude
-87.838931926352
Latitude
41.8163712853

FAQs

What type of property is this?
Automotive property - High-yield auto shop, strong tenant.
Where is this automotive property located?
The property is located at 8717 Ogden Ave Lyons, IL.
What is the asking price?
The asking price for this property is $987,500.
What are key features of this property?
This property features: $987,500 asking price for a 2,471 SF Auto Glass Now! retail property in Lyons, IL.; Net lease investment with an 8.00% cap rate and $79,000 NOI.; 100% occupancy with a remaining lease term of 4.2 years expiring 01/31/2029.
(847) 384-2840 Call to check price and availability
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