Listed by CBRE - Oak Brook
Unpriced
Darien Towne Centre
Details
Property Type Retail
Sub Type Shopping Center
Square Footage 61,591
Units 10
NOI $770,955
Occupancy 96.8%
Tenancy Multi
Brand/Tenant PetSmart
Year Built 1994
Acreage 19.790
Investment Type Stabilized
Ground Lease No
Dual-Grocery Shadow Anchors - Walmart & Aldi | Strong Performing Home Depot Shadow | Prime Retail Lo
Marketing description
CBRE NRP Midwest is excited to offer investors the opportunity to acquire Darien Towne Centre, a 61,591-square-foot shopping center in Darien, Illinois, anchored by dominant national tenants including PetSmart, O'Reilly Auto Parts, and Dollar Tree. With recent leasing momentum, a strategic position with premier visibility in the market's primary retail corridor, a high-income consumer base, and a business-friendly environment, Darien Towne Centre represents a high-quality investment with meaningful embedded value-add potential.
Investment highlights
- Strong Credit & High Quality Tenancy with 82% of GLA Leased to National Tenants
- Dual-Grocery Shadow Anchors, Walmart and Aldi, with Strong-Performing Home Depot Shadow
- Strong Leasing Momentum Proven by 92% of GLA leased, renewed, or extended in prior 3 years (6.3 Year WALT)
- Prime Retail Location with +1,500 Feet of Frontage
- Business Friendly Climate within Darien, IL
- DuPage County - Favorable Tax Environment
Listing Contacts
Listed by CBRE - Oak Brook
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Loan Amount
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Annual Debt Service
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Annual Cash Flow
$770,955.00
$64,246.25/mo
Valuation Metrics
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