Menu
Menu
We are pleased to announce the acquisition of a 23,164 sf Tesla Sales and Service Center located at 50 West Ogden Avenue in Westmont, IL. The property was acquired in a brokered transaction and adds another well-located asset to the firm’s growing portfolio of premier real estate assets throughout the United States.
Tesla benefits from a strong demographic profile including over 250,000 people with average incomes of over $139,000 within 5-miles. This location is one of only five Tesla service centers in the State of Illinois. The property is surrounded by other premier car dealerships including Mercedes-Benz, Porsche, and Lamborghini.
“We are very excited about this unique opportunity and are pleased to have Tesla as a tenant in our growing portfolio,” said Matt Annibale, Director of Acquisitions at First National Realty Partners. “We are confident in Tesla’s long-term performance here given how well-situated the property is in Westmont’s ‘Auto Mile’. Our team is excited to be a part of the Westmont community and we look forward to working with Tesla and other local stakeholders to ensure the continued success at this location.”
Get instant access to all of our current and past commercial real estate deals.
NOTICE: This website and the content presented herein is not directed to any person who is a resident of the United States or U.S.-territories or the resident of any other particular jurisdiction. This website and the content presented herein is not an offer to sell or a solicitation to buy securities, commodities, or any other form of investment or product. An offer may be made to accredited investors only pursuant to Rule 506(c) of the U.S. Securities Act of 1933, as amended (the “Act”), by an authorized representative by delivery of a complete copy of an offering memorandum including all exhibits. By using this website, accessing any material contained on this website, registering, requesting a password, or by clicking a “submit” button or the like, I hereby acknowledge, agree and warrant, under penalty of law, that (1) I am an “accredited investor” as defined by Rule 501(a) of the Act; and (2) my typed name on the electronic registration form, if submitted, is my electronic signature and is the legally binding equivalent to my manual handwritten signature.
Copyright ©2022. FNRP. All Rights Reserved
