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Add-Value Medical Anchored Retail Center with National Investment Grade Tenants

Add-Value Medical Anchored Retail Center with National Investment Grade Tenants

1901-2005 Galena Boulevard
Aurora, Illinois 60506


price: $5,902,081

gla: 94,265 SF

cap: 9.07%

lot: 2.08 Acres

built: 1961

noi: $535,132

  • Located at a Stoplight Intersection | Next to Big Lots | Across From Jewel-Osco
  • Opportunity to Add-Value and Cap Rate Growth Through Leasing the Remaining 22,745 Square Feet of Vacant Space and Developed Land
  • Anytime Fitness has 10.5 Years Remaining on its Triple-Net Lease
  • Rush Copley has Three Specialties Located Within this Facility | Lease Also Offers Annual Increases
  • Long-Term Tenancy | Colonial Ice Cream (1981) and Sally Beauty Supply (1996)
  • Located Along Heavily Traveled West Galena Boulevard | 14,600 Vehicles Passing per Day
  • Less Than a Mile from West Aurora High School | 3,724 Students Enrolled
  • 2.2 Miles West of Downtown Aurora | 2.5 Miles South of Interstate 88
  • Just Off a Major Intersection of North Orchard Road and West Galena Boulevard | 50,100 Combined Vehicles Passing per Day
  • Additional Retailers in the Area Include Aldi, Walgreens, Ace Hardware, Dunkin’ Donuts, Taco Bell, and Many More
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Sean Sharko
Senior Vice President Investments

Tel: (630) 570-2238
Sean.Sharko@marcusmillichap.com
 
* Broker of Record: Steven Weinstock