2575 Ogden AveAurora, IL 60504

Property Details for 2575 Ogden Ave

Year built

2007

Lot size

0.82 AC

Property size (Sq ft)

1,925 SF

Property type

Retail properties

Description

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.

Location Insight

City

Aurora

County

DuPage

State

Illinois

Latitude

41.7376

Longitude

-88.252

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