Brand New 15Year Nnn Corporate Gerber Collision… — Sale in Cicero, IL

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Retail Business
  • Location: Cicero, IL 60804

Investment Figures

Cap rate
6.00%

Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.

Description

This property features a brand new 15-year NNN corporate lease with Gerber Collision and Glass, part of The Boyd Group Inc., one of the largest collision repair networks in the United States with over 1,140 locations. The lease provides low-maintenance, long-term passive income. Located on Ogden Avenue, a major commercial corridor in Southwestern Chicago, the site offers strong visibility, easy access, and proximity to residential neighborhoods and regional thoroughfares. The suburban Chicago market is strong, with diverse economic drivers, high population density, and solid household incomes, supporting steady demand for automotive collision repair services and making this a reliable long-term investment. Investment Highlights: • BRAND NEW 15 YEAR NNN CORPORATE LEASE: The newly executed 15-year NNN lease minimizes ownership costs, making this property ideal for long-term, low-maintenance income • STRONG CORPORATE TENANT: Gerber Collision & Glass, part of The Boyd Group Inc., is one of the largest collision repair networks in the U.S., with over 1,140 locations nationwide • ESSENTIAL INDUSTRY: Gerber's nationwide footprint and insurance relationships support tenancy stability and long-term demand for increased insurance claims and safety requirements • STRATEGICALLY LOCATED MAJOR COMMERCIAL CORRIDOR: Ogden Ave is a key transportation artery with strong visibility across Southwestern Chicago, the subject property benefits from proximity to major residential neighborhoods and regional thoroughfares • OPPORTUNITY ZONE: Provides investors with potential tax advantages, including deferral and possible reduction of future capital gains

Market Context

This retail in Cicero, IL is listed for sale. It is offered at an approximate 6.0% capitalization rate, a key benchmark for income-producing retail assets. It has been on the market for 100 days. Compare it against other retail listings for sale in Cicero, IL — view the full market.

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