New To Market | Walgreens – Long Term Passive Investment | Dominant Market Share | Strong Store Sales | Aurora, IL

Agent Info

Brandon Hanna

248.702.0290
bhanna@encorereis.com

Deno Bistolarides

248.702.0288
denob@encorereis.com

Brent Hanna

248.702.0293
brent@encorereis.com

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Offering Information

1180 N Farnsworth Ave
Aurora, IL 60505

  • Price: $8,407,080
  • Cap. Rate: 5.65%
  • NOI: $475,000
  • Building Size: 12,406SF
  • Lot Size: 1.38 AC

Investment Highlights

  • Absolute Net Lease Structure | Zero Landlord Responsibilities
  • Long Term Passive Investment Opportunity
  • Successful Store With Peerless Sales | Very Strong Rent-to-Sales Ratio
  • Prototypical Free Standing Building | Equipped With Drive-Thru
  • Strong Hard Corner Signalized Intersection Location
  • High Volume Traffic | Combined Traffic Counts Boast 50,005 VPD+
  • Ingress and Egress From Both N Farnsworth Ave and E Indian Trail
  • Positioned Within Close Proximity to Simmons Middle School
  • Easy Access to Interstate-88 | 4 Blocks Away | 104,370 VPD+
  • Population Within a 5 mile Radius is 259,184 and is Projected to Grow
  • Average Household Income Within a 5 Mile Radius Exceeds $88,610
  • Numerous National Tenants in the Immediate Area of Subject Property