Auto-Wares Investment

InvestmentSaleRetailSpecialty 11,875 SF

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Property Highlights

610 Oak St
Danville, IL 61832

Price: $495,000

Building Size: 11,875 SF

Lot Size (acre): 1.02 AC

Parking: Ample

Zoning: B-3 (General Business)

Tax PIN: 23-05-315-039

Gross Income: $58,800

NOI: $58,800

Cap Rate: 11.88%

Documents

Brochure

Aerial

Plat

Property Description

Auto-Wares is a full line, full service, aftermarket supplier. Featuring 12 distribution centers and 185 company-owned auto parts stores, spanning 5 states, this family-owned business is focused on providing the automotive aftermarkets’ parts needs with exceptional customer service.

Area Description

Free-Standing, brick building, is centrally located in Danville, IL. Danville and its surrounding area has a retail market of over 100,000.

Investment Highlights

Leased to Auto-Wares thru 11/2024 – w/5 Year Option
NNN Lease with Tenant responsible for Initial $5,000 in Repairs Annually
Base Rent of $58,800/Year
Long-Standing Auto Parts Store in Community

Map

201 W Springfield Ave, 11th floor Champaign, IL 61820 | 217-352-7712

www.CBCDR.com

The information found within this brochure is for informational purposes only, and is not audited, warranted or in any fashion guaranteed by Coldwell Banker Commercial Devonshire Realty. It is subject to verification and no liability for errors or omissions is assumed. Notice of Agency: Coldwell Banker Commercial Devonshire Realty is the exclusive agent for the seller/lessor and therefore represents the seller/lessor, unless expressed otherwise in writing with the parties to a transaction.