Advance Auto Parts 954 N Liberty St

Horvath & Tremblay is pleased to present the exclusive opportunity to purchase the fee simple interest in an Advance Auto Parts located at 954 N Liberty Street in Elgin, Illinois (the “Property”). Constructed in 2004, Advance Auto Parts has been at this location for 19+ years and recently extended their lease, demonstrating their commitment to the site and the market. Advance Auto Parts has 10+ years remaining on their lease with three (3), 5-year renewal options. The lease features an attractive rent increase at the start of each renewal option. Advance Auto Parts is strategically located at the intersection of Page Avenue and N Liberty Street and is seconds from Dundee Avenue, the area’s primary commercial and commuter corridors. The Property is surrounded by densely developed residential neighborhoods that provide a built-in customer base, and the area features a strong presence from the auto industry, with a large number of auto dealerships and auto service providers offering excellent synergy with Advance Auto Parts. The Property is 1.5-miles north of Downtown Elgin and offers convenient access to area schools (including Judson University and Elgin Community College), retailers and restaurants, municipal offices and area employers. Additionally, the Property is 1-mile from Interstate 90 and offers convenient access to Illinois Routes 25, 58, 31, and 59 and US Route 20.