1245 Dekalb Ave Sycamore, IL 60178

This exceptional investment opportunity presents a 15-year sale-leaseback of a Take 5 Oil Change in Sycamore, IL. The 1,230 square foot auto shop, situated on a 0.63-acre lot, boasts a strong location near major retailers like Meijer, Walgreens, and Culver's, as well as Sycamore High School and Northwestern Medicine Kishwaukee Hospital. Built in 1996 and renovated in 2022, the property generates a substantial NOI of $90,000, with a 6.50% cap rate and a $1,384,615.38 asking price ($1,125.70/sq ft). The absolute NNN lease includes eight, five-year renewal options with 7.5% rent bumps every five years, ensuring long-term income stability. The property benefits from high traffic counts on nearby DeKalb Ave, S. Peace Rd, and W. State St. This is a fee simple ownership with 100% occupancy by a franchisee of a top-three national lube center chain, currently experiencing rapid growth. The property's proximity to a new Meijer grocery store and a hospital further enhances its investment appeal. This is a single-tenant, single-story building offering a secure and profitable investment opportunity.