Marcus & Millichap facilitated the sale of GPM Fas Mart – Lombard, a 4,305-square-foot, net-leased property located in Lombard, Illinois, according to Steven D. Weinstock, regional manager and first vice president of the firm’s Chicago Oak Brook office. The asset sold for $2,000,000.
Timothy Nichols, associate and investment specialist in Marcus & Millichap’s Chicago Oak Brook office, had the exclusive listing to market the property on behalf of the seller, a limited liability company. The buyer, a limited liability company, was also secured and represented by Nichols.
GPM Fas Mart – Lombard is located at 909 E. Roosevelt Road near the intersection of Roosevelt Road and Meyers Road. The current tenant has a corporate guarantee and six years of lease term remaining with two ten-year options.