20 E Jefferson Ave 4,178 SF 100% Leased Retail Building Naperville, IL 60540 $1,450,000 ($347.06/SF)

High Barriers to Entry
High barrier to entry market, providing an investor with a rare opportunity to acquire a value-add property within the downtown Naperville market with an irreplaceable location. Consistently ranked among the best cities to live in America, Naperville offers a vibrant mix of dining, retail and entertainment that drives year-round foot traffic and long-term tenant demand
Value-Add Opportunity
The property provides immediate upside for an investor to lease up the vacant second floor office (2,668 SF) or convert the office space into apartments as allowed under the current zoning
Exceptional Demographics
Asset is located within a dense and highly affluent area with over 93,192 residents and an average household income of $182,000 within a 3-mile radius of the site
Favorable B-4 Downtown Zoning
B-4 zoning is one of the most favorable zoning designations within Naperville – it was created to support a vibrant, pedestrian-focused downtown, emphasizing active first-floor retail, service and restaurant uses, with more office and residential activity encouraged on the upper floors
Location! Location! Location!
Mixed-use building strategically positioned in the heart of downtown Naperville, the property benefits from an adjacent 579-space free municipal parking garage - an exceptional convenience in a market where parking can be scarce.
Retail Hot Spot
Surrounded by tenants such as; Apple, Nike, Anthropologie, Lululemon, Sweetgreen, Starbucks, Gordon Ramsay’s Kitchen, Ichiddo Ramen, Jo Jo’s Shake Bar, and much more
Ideal Owner/User Opportunity