For Sale
$1,921,500

2575 Ogden Ave Aurora, IL 60504

High-traffic Aurora, IL QSR

Overview

Added:
Dec 11, 2024
Days on market:
131
This exceptional investment opportunity presents a fee-simple, 100% net-leased Starbucks located at 2575 Ogden Ave, Aurora, IL 60504. Boasting 1,925 square feet on a 0.82-acre lot, this property benefits from an outstanding location at a signalized intersection with over 70,000 vehicles daily. The strong tenant, Starbucks Corporation (S&P: BBB+), has a lease extending to January 31, 2033 (8.2 years remaining), with a recent 10-year extension. The property's high visibility is further enhanced by its proximity to Rush Copley Medical Center (a 210-bed hospital with 500 physicians and over 2,500 staff), Waubonsie Valley High School (2,654 students), and Fischer Middle School (821 students). Situated in a densely populated area with over 254,000 residents and an average household income exceeding $130,000 within a 5-mile radius, this property offers a compelling combination of strong tenant credit, long-term lease stability, and a prime location in Aurora, Illinois – the state's second-largest city, just 35 miles west of downtown Chicago. The property's Net Operating Income (NOI) is $119,128, resulting in a 6.20% cap rate. The asking price is $1,921,500 ($998.18/sq ft). Built in 2007, this property represents a secure and profitable investment opportunity. Rent bumps are detailed in a separate rent schedule.

Highlights

  • High-traffic location with 70,000+ vehicles daily at a signalized intersection.
  • Strong medical anchor adjacent to Rush Copley Medical Center (210 beds, 500 physicians).
  • High school and middle school adjacency: across from Waubonsie Valley HS (2,654 students) and Fischer MS (821 students).
  • Located in Aurora, IL, the state's second-largest city.
  • Densely populated trade area: over 254,000 residents with $130,000+ average household income within 5 miles.
  • Convenient location: 35 miles west of Chicago's downtown.

Property Details for 2575 Ogden Ave

Property type
Retail properties
Square Feet
1,925 SF
Year Built
2007
Lot Size (sq. ft)
35,719 SF

Location Insight

City
Aurora
County
DuPage
State
Illinois
Latitude
41.737616512808
Longitude
-88.252019408777

FAQs

What type of property is this?
Retail property - High-traffic Aurora, IL QSR
Where is the retail property located?
The property is located at 2575 Ogden Ave Aurora, IL.
What is the asking price?
The asking price for this property is $1,921,500.
What are key features of this property?
This property features: High-traffic location with 70,000+ vehicles daily at a signalized intersection.; Strong medical anchor adjacent to Rush Copley Medical Center (210 beds, 500 physicians).; High school and middle school adjacency: across from Waubonsie Valley HS (2,654 students) and Fischer MS (821 students).
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].
2575 Ogden Ave
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message