100 Hansen BlvdNorth Aurora, IL 60542

  • Commercial real estate
  • 3,523 SF
For Sale
$2,648,000 View listing

Property Details for 100 Hansen Blvd

Year built
2006
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Lot size
1.44 AC
Property size (Sq ft)
3,523 SF
Property type
Commercial real estate
APN
15-06-155-011
APU
1506155011

Description

This exceptional investment opportunity presents a 3,756 square foot, Class A retail property in North Aurora, IL, currently occupied by Heartland Dental, the nation's largest dental support organization. Boasting a new 10-year net lease (NN) with a corporate guarantee, this single-tenant building offers a secure, passive income stream. Located on a 1.49-acre lot at a prominent intersection with high visibility, the property benefits from its position in a thriving shopping center anchored by Woodman's Market and surrounded by other national retailers including Target, Aldi, and Starbucks. The property enjoys convenient access to I-88 and is situated near local schools. Built in 2008 and extensively renovated in 2023, the building features a modern design and caters to Heartland Dental's growing customer base. The lease includes 10% rent bumps every five years and offers four, five-year renewal options. With a current NOI of $165,500 and a 6.25% cap rate, this investment offers a compelling return on investment in an affluent Chicago MSA area with an average household income exceeding $137,500 within a one-mile radius. The property's strong tenant, prime location, and favorable lease terms make it an ideal addition to any portfolio. The asking price is $2,648,000.

100 Hansen Blvd, North Aurora, Illinois

Location Insight

City
North Aurora
County
Kane
State
Illinois
Latitude
41.8066
Longitude
-88.3714
CBSA code
16980
CBSA name
CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$31,565
$141,898
$234,828
$376,726
-
$425,694
$704,484
$1,130,178

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