Gerber Collision & Glass

Investment Overview

Fortis Net Lease proudly presents this prime Gerber Collision property nestled in Aurora, Illinois, just 20 miles west of Downtown Chicago. Aurora, renowned for its high livability and safety, is a sought-after location in Illinois. This property boasts dual rental income streams from Gerber Collision and Classic Towing, with a mutually advantageous relationship between the two entities enhancing their coexistence. Gerber exercised their first option period early with a 10% rent bump on Jan 1, 2026, while Classic Towing's yearly lease arrangement offers significant potential to boost Net Operating Income (NOI) and achieve an exceptional Cash on Cash return. Gerber has occupied this property for two decades and their dedication is highlighted by their proactive lease amendment, which includes three additional five-year extension options, underscoring their commitment to this location. With approximately 200,000 residents residing within a five-mile radius of Aurora and an average household income of $100,000, this property is strategically positioned in a bustling area teeming with National Credit Tenants like AutoZone, Meineke, Firestone, Starbucks, Sherwin Williams, Five Below, and many Quick Service Restaurants.

Investment Highlights

• • Leased to Gerber Collision: 1,320+ Locations in the U.S. Second largest Multi-Shop Operator (MSO) in the Collision Industry
• • Tenant Commitment to Location: Gerber amended original lease in 2020 and added four (4) additional five (5) year extensions through 12/31/45 with 10% Rent Bumps Every 5 Years
• • Market Dominance: Gerber has been at this location for 20 Years with direct frontage on Illinois Route 31 (N Lake Street) with over 22,000 Vehicles Per Day
• • Recession Resistant Business: Over 290 millions vehicles on the road; distracted driving is on the rise, spurring demand
• • Major National Retailers in the Area: AutoZone, Meineke, AAMCO, Firestone, Starbucks, Dunkin, Sherwin Williams & More
• • Strong Demographics: Aurora is approximately 20 Miles West of Downtown Chicago and considered one of the best places to live in Illinois and one of the safest cities in the United States. Nearly 200,000 residents within 5 miles; Average HH income within 5 miles is approximately $100,000