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28739704
28739705

405 N Eola Rd, Aurora, IL 60502

DW
IL 475153121, IL
Quantum Real Estate Advisors
BB
475.161432
Quantum Real Estate Advisors
Listed by Quantum Real Estate Advisors
$6,500,000
182 days on market
Updated 33 days ago

Eola Commons | Aurora, IL

Details
Property Type Retail
Sub Type QSR/Fast Food, Shopping Center (+1)
Square Footage 22,914
Units 13
Cap Rate 7.00%
NOI $458,110
Occupancy 96%
Tenancy Multi
Brand/Tenant Firehouse Subs, H&R Block (+4)
Lease Type Net
Price per SqFt $284
Year Built 1997
Buildings 1
Stories 1
Acreage 3.560
Zoning B-B
Parking Spaces 149 spaces
Parking Per SqFt 6.50
Investment Type Stabilized

Retail | 7.00% CAP | 22,914 SqFt

Marketing description

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

Listing Contacts

DW
IL 475153121, IL
Quantum Real Estate Advisors
BB
475.161432
Quantum Real Estate Advisors
Listed by Quantum Real Estate Advisors

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$458,110.00
$38,175.83/mo

Valuation Metrics

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DSCR
7.05%
Cap Rate
7.05%
ROI

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