Tesla – Westmont

Tesla – Westmont

50 West Ogden Avenue, Westmont, IL, USA

Tesla Sales & Service Center

Cushman & Wakefield of Illinois, as exclusive advisor, is pleased to offer for sale the 100% fee simple interest in a commercial property located at 50 West Ogden Avenue, Westmont, IL (the “Property”). More commonly known as Tesla Sales & Service Center of  Westmont, the offering entails over 2.85 acres of land and a  23,164 square foot single-story building, re-constructed in 2017 to extraordinary utility and design standards. The Property, an extensive re-build for Tesla, Inc., opened in early 2017 and has 10+ years of remaining lease term. This lease has 2-five year options to extend and features 2% escalations annually throughout the base term and extension options.

50 West Ogden Avenue is located along a coveted stretch of the area’s commercial corridor known as the “Auto Mile”. The Property is strategically positioned on a high trafficked street (29,800 VPD) in order to service the coveted and densely populated demographics of the Chicagoland area. This location is one of only three Tesla Sales & Service Centers in the state of Illinois that customers can both take delivery of new vehicles and perform maintenance and repairs. Nationwide, this location is ranked 17th of the 74 Tesla sites profiled by Placer AI using customer visits data analytics.

Property Summary

Year Built2017
GLA (SF)23,164 SF

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