Net Lease Investment – Monro Muffler, Inc. (NASDAQ: MNRO) & Jimmy John’s

InvestmentRetail 12,675 sqft
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474 IL-173
Antioch, IL 60002
Price: $2,361,600
Building Size: 12,675 sqft
Lot Size (acre): 8.80 ac
Parking: 31 Spaces
Zoning: B3
Tax PIN: 216400013
RE: $48,375.47

Property Description

The property is 100% leased to Fast Tire/Car-X (Monro corporate lease) and Jimmy John’s (franchisee), and is 12,675 SF along Route 173 in Antioch, IL. Monro signed a brand-new 10 year lease in February 2017, and Jimmy John’s renewed for 5 years in May 2017, after operating in the site for the past 10 years.

Location Description

Subject property is ideally located along IL Route 173 in Antioch, Illinois, and provides excellent visibility and easy accessibility. Area tenants include ALDI, Walmart Supercenter, Sherwin Williams, Arby’s, Culver’s, Menards, Popeye’s, Verizon, and many more.

Traffic Counts:
Route 173 – 15,700 AADT
Hwy 36 – 8,400 AADT