North Aurora Towne Center
Suburban Multi-Tenant Retail Center
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CLICK HERE FOR OM: North Aurora Towne Center
Greenstone Partners, as the Exclusive Investment Advisor, is pleased to present the opportunity to acquire the 100% fee-simple interest in NorthAurora Towne Center (the “Property”), a multi-tenant retail asset located in North Aurora, Illinois, a western suburb of Chicago.
Positioned as an outlot to the larger North Aurora Towne Center, the ±15,796square foot Property benefits from excellent visibility, direct access, and proximity to Interstate I-88. The Property features a diverse and stable tenant roster of nationally recognized brands including Verizon, MassageEnvy, Cosmo Prof, and Hair Cuttery. Tenant tenure is a defining strength, with approximately a weighted average lease tenure of 11.21 years, underscoring long-term commitment and consistent performance.
The Property is positioned within a strong retail node anchored by Target, Michaels, Petco, Dollar Tree and Woodman’s Food Market, which collectively drive consistent consumer traffic and support strong long-term leasing fundamentals. North Aurora continues to experience steady growth driven by a diverse mix of retail, industrial, and residential development, supported by major employers such as Kraft, DHL, Toyota, Advocate Medical, and Nestlé. Continued multifamily expansion, combined with strong area demographics and immediate access to Interstate I-88, positions the Property to benefit from sustained population growth and retail demand.
Overall, the offering presents investors with a rare opportunity to acquire a well-located, institutionally anchored retail asset with durable tenancy, strong market fundamentals, and long-term income stability.
Investment highlights
- ATTRACTIVE TENANT ROSTER + LONG-TERM TENURE
- LOW VACANCY RETAIL CORRIDOR
- OUTLOT TO MAJOR RETAIL CENTER + STRONG TRAFFIC GENERATORS
- E-COMMERCE RESISTANT TENANTS + NET LEASES
- GROWING TRADE AREA + STRONG ECONOMIC DRIVERS
- STRONG DEMOGRAPHICS + IMMEDIATE ACCESS TO I-88
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