892 Frontenac St Aurora, IL 60504
6,280 SF, 6.75% Cap Rate, NNN Lease
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 138
Highlights
- Extremely passive investment: A long-term, single-tenant healthcare property with a landlord-friendly, NNN lease ideal for out-of-state investors.
- E-commerce resistant tenant: Healthcare properties are highly sought-after investments due to their resistance to e-commerce competition and economic downturns.
- Sticky tenancy: Autism therapy practices rarely relocate due to patient retention and high moving costs, providing landlord security.
- Large and growing market: The U.S. applied behavior analysis market is projected to reach $6 billion by 2032, growing at a 4.8% CAGR.
- Prime Chicago MSA location: Situated in Aurora, Illinois, the second most populous city in Illinois and part of the Chicago MSA.
- Affluent area with high population density: Average household income within 1 mile exceeds $129,000 annually; population within 5 miles exceeds 259,000.
Property Details for 892 Frontenac St
- Property type
- Day care centers & nurseries, Retail properties
- Square Feet
- 6,280 SF
- Year Built
- 2009
- Lot Size (sq. ft)
- 47,045 SF
Location Insight
- City
- Aurora
- County
- DuPage
- State
- Illinois
- Latitude
- 41.7406583
- Longitude
- -88.229132
Nearby Similar for Sale
FAQs
- What type of property is this?
- Day care center & nursery - 6,280 SF, 6.75% Cap Rate, NNN Lease
- Where is the day care center & nursery located?
- The property is located at 892 Frontenac St Aurora, IL.
- What is the asking price?
- The asking price for this property is $2,145,667.
- What are key features of this property?
- This property features: Extremely passive investment: A long-term, single-tenant healthcare property with a landlord-friendly, NNN lease ideal for out-of-state investors.; E-commerce resistant tenant: Healthcare properties are highly sought-after investments due to their resistance to e-commerce competition and economic downturns.; Sticky tenancy: Autism therapy practices rarely relocate due to patient retention and high moving costs, providing landlord security.
- How can I contact the broker?
- We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
- How do I access a private listing?
- Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
- How do I unsubscribe from emails?
- At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].