•	The tenant recently signed a brand new 15-year lease with 5 (5-year) option periods, demonstrating their long-term commitment to the site
•	The lease features 10% rental increases every 5 years throughout the initial term and options, growing NOI and hedging against inflation
•	The lease is guaranteed by a 15-unit operator
•	Founded in 1972, Meineke is among the leading automotive service centers in the world with over 900 locations

Offering Memorandum

•	The asset is strategically positioned along S. Cicero Avenue with clear visibility and access to an average of 47,900 vehicles passing by daily
•	The site is located in the Southwest Suburbs of Chicago, making it an ideal and centralized location with easy commutes
•	The asset is ideally situated within walking distance to Shops at 95th & Cicero (77K+ SF), Green Oak Shopping Center (91K+ SF), Village of Oak Lawn (296K+ SF), and other centers
•	The surrounding national tenants include Marshalls, Staples, Walgreens, The Home Depot, Whole Foods, Target, Walmart Supercenter, and others
•	The site sits 1 mile Northwest of Saint Xavier University, a nationally recognized, private university with over 3,000 undergraduates enrolled
•	Meineke is near numerous single-family communities and multi-family complexes, providing a direct residential consumer base for the site
•	More than 479,900 residents and 155,900 employees support the trade are
•	Residents within 1 mile of the site boast an annual average income of $102,062

Oak Lawn, IL - Meineke

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a288X000003lz2OQAQ - 1728925810369 -2

a288X000003lz2OQAQ - 1728925810871 -3

a288X000003lz2OQAQ - 1728925811167 -4

a288X000003lz2OQAQ - 1728925811393 -5

a288X000003lz2OQAQ - 1728925811683 -6

a288X000003lz2OQAQ - 1728925811900 -7

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<p>Tara joined SRS having worked with the Capital Markets team at SVN Commercial Real Estate Advisors for more than a year. She is responsible for creating marketing packages, proposals and email marketing campaigns, researching potential clients, and coordinating the delivery of all marketing materials.</p><p>Tara is a graduate of Illinois State University where she double majored in international business and organizational leadership.</p>

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Oak Lawn, IL - Meineke

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Location

Contact

Dan Elliot

Sean Lutz