1016 N Route 59 | Aurora, IL 60504
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1016 N Route 59
Aurora, IL 60504
Jared Jewelers | Prime Retail Corridor · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- LONG-TERM OPERATING HISTORY WITH RECENT EXTENSION: features three additional 5-year options to renew with strong 10% rental increases in each option.
- COUPON CLIP INVESTMENT: The lease features ZERO landlord responsibilities, ideal for the passive investor.
- NAPERVILLE/AURORA SUBMARKET INVESTMENT OPPORTUNITY, AFFLUENT AND DENSE DEMOGRAPHIC PROFILE
- CORPORATE LEASE: Sterling Jewelers, one of the largest specialty jewelers in the U.S.
- DUPAGE COUNTY REAL ESTATE TAXES
- STRONG PERFORMING RETAIL CORRIDOR: 5.2 million sf of retail space, one mile from Fox Valley Mall
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
6,051 SF
Building Class
B
Year Built
2000
Tenancy
Single
Building Height
1 Story
Building FAR
0.07
Lot Size
2.07 AC
Zoning
B-2(S) - General Retail
(Special Use District)
Parking
58 Spaces (9.59 Spaces per 1,000 SF Leased)
Frontage
260’ on Route 59 Hwy
AMENITIES
- Pylon Sign
- Signage
PROPERTY TAXES
| Parcel Number | 07-16-400-044 | Improvements Assessment | $94,641 |
| Land Assessment | $326,325 | Total Assessment | $420,966 |
PROPERTY TAXES
Parcel Number
07-16-400-044
Land Assessment
$326,325
Improvements Assessment
$94,641
Total Assessment
$420,966
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