465 Weber RdBolingbrook, IL 60490

Property Details for 465 Weber Rd

Year built

2001

Lot size

1.91 AC

Property size (Sq ft)

10,208 SF

Property type

Commercial real estate

APN

12-02-18-409-002

APU

120218409002

Description

This exceptional investment opportunity presents a fee-simple owned, 2,345-square-foot car wash located at 465 S Weber Rd, Bolingbrook, IL 60490. Built in 2001 on a 0.43-acre lot, the property boasts a strong 6.00% capitalization rate, generating a net operating income (NOI) of $277,697. Currently operating at 100% occupancy with a corporate guaranteed tenant, Circle K, this property offers significant long-term value. The lease is an absolute NNN structure, eliminating landlord responsibilities. The lease includes annual rent bumps throughout the initial term and each option period, providing consistent income growth. With 28 parking spaces and a prime location on a signalized, hard-corner intersection experiencing 60,000 vehicles per day, this car wash benefits from exceptional visibility and high traffic volume. Seven years remain on the current lease, with options to extend, ensuring a stable and predictable income stream. The strong demographics within a 5-mile radius further solidify this investment's potential. The property's APN is 12-02-18-409-002. This is a rare opportunity to acquire a well-performing, low-maintenance car wash in a desirable location with a highly creditworthy tenant.

• Alternative Use

  Use

  Valuation

  Residential

  $2,109,727

  Hospitality

  $1,932,499

  Educational

  $1,607,816

  Medical

  $1,663,112

  Retail

  $2,501,048

Location Insight

City

Bolingbrook

County

Will

State

Illinois

Latitude

41.684

Longitude

-88.1265

CBSA code

16980

CBSA name

CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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