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: |
2/7/2019 |
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.
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Additional Details
| Nearest MSA: |
Chicago-Naperville-Elgin |
| County: |
Kane |
| Tax ID/APN: |
12-32-327-007 |
| 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 |
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 |
|
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