
21 South Racine Avenue
South Racine Avenue 21, Chicago, IL, 60607, US
18,626 平方呎
Jones Lang LaSalle Real Estate Services, Inc. (“JLL” or the “Advisor”) is pleased to present the opportunity to acquire a 100% freehold interest in 10-40 Melvin Robson Avenue (the “Property”), a newly constructed, fully occupied multitenant retail plaza strategically positioned in Aurora, Ontario. The Property comprises 5,366 square feet (“SF”) of purpose built quick-service restaurant (“QSR”) retail space with two drive-thru’s and 100% leased to three nationally recognized tenants: Dairy Queen, Starbucks, and Carbone Pizza. Investors will benefit from stable, long-term income underpinned by a weighted average lease term (“WALT”) of 8.1 years, complemented by built-in rental escalations.
The Property occupies a prominent 1.39-acre corner lot along Leslie Street, a primary arterial corridor in Aurora offering exceptional visibility and frontage. In proximity to Highway 404, the Property affords seamless connectivity to the Greater Toronto Area, Newmarket, and surrounding York Region communities. The surrounding trade area is characterized by an affluent, growing residential population, with several new residential developments in the immediate vicinity further supporting long-term consumer demand.

