310-370 W New Indian Trl - Retail FOR SALE


Aurora, IL 60506- North River
$2,049,999 USD
847-384-2840
310-370 W New Indian Trl, Aurora, IL for Sale
$2,049,999 USD
Retail - FOR SALE
1/15
null | 7.34% Cap Rate

310-370 W New Indian Trl
Aurora, IL 60506
North River


HIGHLIGHTS

  • Located at hard corner
  • Immediately across from Cermak Grocers
  • 1 block west of Lake St
  • 100% leased
  • Long term leases in place and nearly 2.5 years of WALT
  • The strip is filled with service-necessary tenants.

OVERVIEW

Introducing The Indian Trail Plaza at 370 W Indian Trail, Aurora, IL - an exceptional investment opportunity in a prime location. This stabilized neighborhood strip center features a strong lineup of service-oriented tenants, strategically positioned at the intersection of W Indian Trail and Pennsylvania Avenue, just across from Cermak Grocers. With 100% occupancy and long-term leases, this property offers stability with potential income growth. Boasting an attractive 7.34% cap rate and an NOI of $150,419, The Indian Trail Plaza presents a compelling investment proposition. Aurora, the vibrant "City of Lights", offers a dynamic economy and a demographic profile with over 107,000 residents within a three-mile radius. The city's strategic location provides convenient access to major highways, enhancing its appeal to businesses and residents alike. Don't miss this opportunity to acquire a well-leased asset in a thriving community. Reach out now to capitalize on The Indian Trail Plaza in Aurora, IL.

FOR SALE DETAILS

PRICE

$2,049,999 USD

PRICE/SF

$184 USD /SF

CAP RATE

7.34%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

ON GROUND LEASE

Yes

BUILDING DETAILS

PROPERTY NAME

Convenient Shopping Center

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1968

SPRINKLERS

-

PARKING SPACES

43

LAND DETAILS

LAND ACRES

0.63 AC

LAND SF

27,443 SF

ZONING

-

APN/PARCEL ID

15-15-104-002

ASK ABOUT THIS PROPERTY

Peter BlockColliersMore Info
847-384-2840

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Peter BlockColliersMore Info
847-384-2840

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.