Description de l'actif
Address: 1610-1660 Orchard Gateway Blvd, North Aurora, Il 60542, 1700-1780 Orchard Gateway Blvd, North Aurora, Il 60542
Total GLA: 85,758
Occupancy: 86.8%
Year Built: 2006
In-Place NOI: $656,069
WALT: 4.7 Years
Notable Tenants: Michaels, Petco, Bath & Body Works,
Dollar Tree, Target (NAP), JCPenny (NAP), UFC Gym (NAP)
...
Caractéristiques de l'actif
Surface de l'actif brut
11 529 m²
Occupation
86,00 %
Année de construction
2006
Taille du terrain Brut
6,60 hectare (66 004 m²)
Revenu net
603 000 €
Média
Points clés d'investissement
- No two tenants are from the same sector and no one tenant comprises more than 23% of income
- Recent leasing momentum totaling 21% of total GLA
- 5-year Hallmark (8,015 SF) lease commenced 12/16/2022
- 10-year Kid’s Empire (10,004 SF) lease commences 10/1/23
- Immediate Value-Add Opportunity through Vacant Lease Up and Below Market Rental Rates
- 11,300 SF of vacancy allows investors upside through vacant lease up
- Ability to mark to market Michael’s rent which is 250% below market
- Synergistic Traffic Draw From shadow anchors
- Shadow Target and JC Penney draw over 1.5mm visitors to the site annually providing cross shopping opportunity
- Four Separate Tax Parcels Provides Investors with Exit Flexibility
Contacter l'équipe
North Aurora Towne Center (0 actifs)
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Dernière mise à jour
24 oct. 2023
