Value Add Retail Building

Retail-Commercial for Sale
Catylist Listing ID: 30259237
Property Subtypes: Free-Standing Building
Building Size (RSF): 21,476 SF
Gross Building Area: See Agent
Sale Price: See Agent
Property Use Type: Investment
Building Name: The Orchard Crossing Center
Sale Terms: Cash to Seller
Cap Rate: 8.0%
Last Updated: 9/10/2018

Overview / Comments

Newer construction, multi-tenant retail building for sale. Site developed in 2012 and is approximately a 21,476 SF building. The property offers six retail spaces ranging in size from 1,622 SF – 5,013 SF. The building tenants include Earthmover Credit Union, Randall Orchard Crossing Animal Hospital, Orchard Wine & Liquor, NailSpa Couture, Douglas Carpet One, and Ethos 360 Gym. This highly traveled corridor has 33,300 per day on Randall Road and 27,300 vehicles per day on Orchard Road.

Additional Details

Nearest MSA: Chicago-Naperville-Elgin
County: Kane
Retail Clientele: General, Family, Business, Other
Area Description: Orchard Crossing is located on Orchard Road, just north of IL-88 and west of Randall Road in North Aurora, located 35 miles west of Chicago. The location is near several multi-family home developments, schools and retail shopping centers including the Aurora Premium Outlet Mall.
Tenancy: Multiple Tenants
Total Number of Buildings: 1
Number of Stories: 1
Property Condition: Excellent
Year Built: 2012

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 4,252 59,282 194,831
Median Age: 35.59 35.52 34.3
Households: 1,384 20,073 62,615

Contact

Photograph of Listing Agent

Christina Caton Kitchel

Caton Commercial ICEx Member
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