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Corporate Jiffy Lube - Long Term Abs. NNN 1845 Marketview Dr

9,180 SF Retail Building Yorkville, IL 60560 $3,453,836 ($376/SF) 5.75% Cap Rate

Retail Space Illinois Yorkville 1845 Marketview Dr, Yorkville, IL 60560

Investment Highlights

  • 11+ years remaining on the lease with multiple renewal options
  • Rare corporate lease guaranty featuring a carwash component as well
  • The property is an outparcel to Menards, benefiting from cross-traffic and retail synergy nearby
  • Absolute NNN lease with no landlord responsibilities
  • Jiffy Lube has ±20 years of successful operating history at this location
  • Asset may be eligible for an accelerated depreciation schedule (consult CPA).

Executive Summary

Exclusively Listed in Association with: Continental Real Estate Group, Inc. - IL Lic. #478025092

Attachments

CIRE OM_Jiffy Lube - Yorkville, IL

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Auto Repair
Building Size
9,180 SF
Building Class
B
Year Built/Renovated
2006/2016
Price
$3,453,836
Price Per SF
$376
Cap Rate
5.75%
NOI
$198,596
Tenancy
Single
Building Height
1 Story
Building FAR
0.14
Lot Size
1.55 AC
Parking
23 Spaces (2.51 Spaces per 1,000 SF Leased)
Frontage
191 FT on Bridge St

Amenities

  • Pylon Sign
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1845 Marketview Dr, Yorkville, IL - aerial map view - Image1
1845 Marketview Dr, Yorkville, IL - aerial map view - Image2
1845 Marketview Dr, Yorkville, IL - aerial map view - Image3

Nearby Major Retailers

Noodles & Company
Midland States Bank
Chase Bank
ALDI
Old Second National Bank
Fifth Third Bank
First National Bank
Pepe's Mexican Restaurants
Starbucks
Planet Fitness

PROPERTY TAXES

Parcel Number 02-21-379-002 Improvements Assessment $295,023
Land Assessment $142,055 Total Assessment $437,078

PROPERTY TAXES

Parcel Number
02-21-379-002
Land Assessment
$142,055
Improvements Assessment
$295,023
Total Assessment
$437,078
(858) 900-3114

Contacts

  • Listing ID: 33954253

  • Date on Market: 11/21/2024

  • Last Updated:

  • Address: 1845 Marketview Dr, Yorkville, IL 60560

More public record information on 1845 Marketview Dr, Yorkville, IL 60560

The Retail Property at 1845 Marketview Dr, Yorkville, IL 60560 is currently available for sale. Contact CIRE Partners for more information.

Retail PROPERTIES IN NEARBY NEIGHBORHOODS

Nearby Listings

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1845 Marketview Dr, Yorkville, IL for sale Building Photo- Image 1 of 6
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Corporate Jiffy Lube - Long Term Abs. NNN | 1845 Marketview Dr
(858) 900-3114 x

Corporate Jiffy Lube - Long Term Abs. NNN | 1845 Marketview Dr

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Arbi Goce

(858) 900-3114

(858) 900-3114

Renato Lorja

(858) 222-3333

(858) 222-3333

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