Log In/Sign Up
Your email has been sent.
Eola Commons 405 N Eola Rd 22,914 SF 100% Leased Retail Building Aurora, IL 60502 $6,500,000 ($283.67/SF) 7% Cap Rate
Executive Summary
Stabilized Investment Opportunity
96% leased shopping center with one vacancy totaling 900 SF. Over the last 24-month period there has been significant leasing momentum with 3 newly signed net-leases. The average tenancy at the property is 13.4 years proving the tenants’ long-term commitment to the site
Strong Retail Thoroughfare
Located 2 miles west of Fox Valley Mall featuring 1.5 million square feet of premium retail shopping with over 120 stores, eateries, and services
Strong Demographics
Situated in a very well-established community, the property draws from more than 104,226 residents with an average household income of $136,400 in the surrounding 3-mile radius
Multiple New Developments
Lumen Fox Valley is a luxury residential community that recently opened with 304 apartments. Additionally, Sophia at Fox Valley is currently under construction featuring 108 luxury apartments. With 84 assisted living units and 22 memory care units
Location, Location, Location!
Easily accessible site with 4 points of ingress/egress and located just north of the lighted intersection of Eola Rd. & New York St. with a combined 56,383 VPD
Retail Hot Spot
Surrounded by national and regional retailers: Walgreens, Starbucks, McDonald’s, Dunkin’, Mariano’s, Meijer, Planet Fitness, and more
96% leased shopping center with one vacancy totaling 900 SF. Over the last 24-month period there has been significant leasing momentum with 3 newly signed net-leases. The average tenancy at the property is 13.4 years proving the tenants’ long-term commitment to the site
Strong Retail Thoroughfare
Located 2 miles west of Fox Valley Mall featuring 1.5 million square feet of premium retail shopping with over 120 stores, eateries, and services
Strong Demographics
Situated in a very well-established community, the property draws from more than 104,226 residents with an average household income of $136,400 in the surrounding 3-mile radius
Multiple New Developments
Lumen Fox Valley is a luxury residential community that recently opened with 304 apartments. Additionally, Sophia at Fox Valley is currently under construction featuring 108 luxury apartments. With 84 assisted living units and 22 memory care units
Location, Location, Location!
Easily accessible site with 4 points of ingress/egress and located just north of the lighted intersection of Eola Rd. & New York St. with a combined 56,383 VPD
Retail Hot Spot
Surrounded by national and regional retailers: Walgreens, Starbucks, McDonald’s, Dunkin’, Mariano’s, Meijer, Planet Fitness, and more
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
22,914 SF
Building Class
C
Year Built
1997
Price
$6,500,000
Price Per SF
$283.67
Cap Rate
7%
NOI
$455,000
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.15
Lot Size
3.56 AC
Zoning
B-B - Business Boulevard District
Parking
149 Spaces (6.5 Spaces per 1,000 SF Leased)
Frontage
Nearby Major Retailers
Property Taxes
| Parcel Numbers | Improvements Assessment | $650,279 | |
| Land Assessment | $411,417 | Total Assessment | $1,061,696 |
Property Taxes
Parcel Numbers
Land Assessment
$411,417
Improvements Assessment
$650,279
Total Assessment
$1,061,696
1 of 7
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Presented by
Eola Commons | 405 N Eola Rd
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.