8717 Ogden Ave, Lyons, IL 60534
For Sale
1 / 5
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.
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Auto Glass Now Auto Repair Shop (Bike/Boat/Book/etc) Store
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.