8559 Pyott Rd Lake in the Hills, IL 60156

This exceptional investment opportunity presents a fee-simple ownership of a 7,830 square foot auto shop in Lake in the Hills, IL, leased to Crash Champions, a national leader in collision repair with over 600 locations. The property boasts a strong 7.50% cap rate and a substantial net operating income (NOI) of $111,600. Situated on a 1.1-acre lot, the building, constructed in 1965 and renovated in 1996 and 2001, is currently operating at 100% occupancy under a net lease agreement with a corporate guarantee. The lease, expiring November 30, 2033, has a remaining term of nine years with three, five-year renewal options, each including a 10% rent increase. Landlord responsibilities are limited to roof and structure maintenance. This investment benefits from a recession-resistant industry, a robust lease structure, and the financial strength of a nationally recognized tenant. The property's location within a densely populated area (over 146,000 people within a 5-mile radius) further enhances its appeal. The asking price is $1,488,000, translating to $190.04 per square foot. This presents a compelling opportunity for investors seeking a stable, high-performing asset in a growing market.