Eola Crossing | Aurora, IL
For Sale
Eola Crossing | Aurora, IL
Asking Price: $2,910,000
| Cap Rate: 7%
- Net Operating Income: $203,725
- Weighted Avg. Lease Term (WALT): 4.22 Years
- Lease Type: Net
Property Highlights
- 90% leased multi-tenant retail center with all tenants signed to landlord favorable net-leases. Asset offers a value-add component with one vacancy totaling 1,427 SF
- Three new tenants have signed leases at the property within the last year demonstrating strong interest from retail tenants in the surrounding area
- Property features a complimentary mix of national and regional retailers with strong lease terms and options in place
- Asset is located within an affluent area with over 235,907 residents and an average household income of $152,000 within a 5-mile radius of the site