Historical Retail Sale Listing - Yorkshire Plaza

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Yorkshire Plaza

4380 E. New York Street, Aurora, IL 60504

N/A

361,984 SF | Retail

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Retail Property - Off Market

Price:
N/A
Gross Leasable Area:
361,984 SF
Property Type:
Retail
Property Sub-type:
Community Center
Property Use Type:
Investment
Occupancy:
82%
Tenancy:
Multiple
Year Built:
1986
Lot Size:
34.70 AC
Parking Ratio:
4.90 / 1,000 SF
Listing ID
14060849
Last Updated
over 1 year ago

Description

Yorkshire Plaza is a 361,984-square-foot community center located on the border of Aurora and Naperville. Yorkshire Plaza is supported by strong anchors with excellent local and regional draw. Best Buy and Value City Furniture have nearly seven and five years left on their respective leases. These anchors are supported with Sportmart, Pier One Imports, and a complementary cast of smaller to midsize local and national tenants with excellent name recognition. Yorkshire Plaza was originally developed in 1986 and is positioned on a +/-34.73-acre irregularly-shaped site. The offering includes 336,984 square feet owned fee simple, and a land lease to a 25,000-square-foot Kids 'R' Us that is dark, but paying rent. The center contains 65,835 square feet of available space, including a 50,000 square foot unit, as well as an outparcel unit of 1,200 square feet and another containing 9,730 square feet that can be subdivided for multiple tenants. This available space, directly across from a dominant super regional mall, in a retail corridor with few quality alternatives for tenants, offers an investor a unique opportunity for significant cash flow and value enhancement.

Yorkshire Plaza is located on the west side of Route 59 just north of New York Avenue in Aurora, Illinois, immediately across from the 1.4-million-square-foot Westfield Shoppingtown Fox Valley, one of the Chicago metropolitan area's largest and most successful super regional malls. Yorkshire Plaza is situated at the "Main and Main" intersection of a retail submarket that serves as a regional destination for shoppers throughout Chicago's affluent and growing far western suburbs. Other surrounding retailers include Kohl's, Meijer, Wal-Mart, Sam's Club, Bed Bath & Beyond, Expo Design Center, Burlington Coat Factory, Linens 'N Things, Marshalls, and Target. This area, with over five million square feet of retail GLA, is the first choice of retailers for this regional trade area.

Map of 4380 E. New York Street, Aurora, IL 60504 (DuPage County)

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