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Wild Fork Foods (Ground Lease) NWC Route 59 & Liberty Street

3,800 SF Retail Building Aurora, IL 60504 $3,250,000 ($855/SF) 6% Cap Rate

Investment Highlights

  • Brand New Construction
  • Strong Credit Corporate Guarantee
  • Long 15-Year Lease Term with 2 Rent Increases
  • Fast Growing Concept
  • Absolute NNN Ground Lease
  • Annual Financial Reporting

Executive Summary

Northmarq, on behalf of Ownership as its exclusive advisor, is pleased to offer for sale the ground lease located at NWC Route 59 & Liberty Street, Aurora, IL (the “Property”). Encompassing ±3,800 SF on ±1.00 acre, the Property represents brand new 2025 construction and is occupied by Wild Fork, operating under a new 15-year absolute NNN lease with zero landlord responsibilities. The Lease also includes 10% rental increases every 5 years. Given the 15-year lease, there are two contractual rental increases in the base term, which provide a significant boost to yield and hedge against inflation.

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Supermarket
Building Size
3,800 SF
Year Built
2025
Construction Status
Under Construction
Price
$3,250,000
Price Per SF
$855
Cap Rate
6%
NOI
$195,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.09
Lot Size
1.00 AC
Zoning
B-2 - General Retail Busi

Nearby Major Retailers

Miller's Ale House
Chili's Grill & Bar
U.S. Bank
Meijer
Bank of America
TGI Fridays
Portillo's
The Fresh Market
Starbucks
Texas Roadhouse
  • Listing ID: 34172793

  • Date on Market: 12/12/2024

  • Last Updated:

  • Address: NWC Route 59 & Liberty Street, Aurora, IL 60504

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