CHICAGO, IL – B+E, the first brokerage and technology platform for net lease real estate, announced that the Advance Auto Parts property at 3016 W Peterson Ave, Chicago, is for sale for $2.4 million.
The building is +/- 7,040 SF on +/- 0.43 acres of land and includes parking. The property carries a cap rate of 5.85% with a remaining term of 8 years and 8 months.
Tim Hain |
“Advance Auto Parts is a $9.5 billion leader in the auto parts market,” said Tim Hain with B+E. “There are over 400,000 people within 3-miles of the property and over two million residents living within a 10-mile radius of the property.”
Notable surrounding tenants include Walgreens, Bank of America, Starbucks, Target, T.J. Maxx, Chipotle Mexican Grill and Potbelly Sandwich Shop.
Contacts:
Tim Hain
John Vita
John Steven Vita Communications
847/853-8283
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