Shopping Strip
T-Mobile Anchored Center
954 E New York St, Aurora, IL 60505
Listing Price: $1,450,000
Investment Overview
This property is a 100 percent occupied shopping center anchored by T-Mobile, which just executed a five-year lease extension, reinforcing its long-term commitment. The center features a strong tenant mix where two of four tenants benefit from scheduled rent increases. Tenants demonstrate stability and commitment with long operating histories—Acceptance Insurance since 2006 and T-Mobile since 2018—while new leasing momentum is shown by Mayo Grill and Boost Mobile signing leases in 2023 and 2024. The center sits at a high-visibility, signalized hard-corner intersection with 31,400 vehicles passing daily and is located just 1.5 miles from the Aurora Metra Station. The trade area is supported by strong demand drivers, including East Aurora High School (4,019 students), Hollywood Casino Aurora (Ranks in the top 2% of hotels & casinos in Illinois by visits per Placer.ai), and surrounding retailers such as ALDI, Walgreens, and AutoZone. With 123,153 residents and 109,438 employees within three miles and an average household income of $132,885 within five miles, the property benefits from an extremely dense and affluent demographic base.
T-Mobile Anchored Center
Investment Highlights
- 100 Percent Occupied Center Anchored by T-Mobile, which Recently Extended Five Years
- Long Operating History | Acceptance Insurance has been Operating at this Location since 2006 & T-Mobile since 2018
- Positioned at the Signalized Intersection of E New York Street and N Ohio Street, which saw a Combined Daily Traffic of 31,400 Vehicles Per Day
- 1.2 miles from Hollywood Casino Aurora which ranks in the top 2% of hotels and casinos in Illinois based on visits and attracts 518.3K annual visitors (Placer.ai)
- Average household income of $132,885 within a five-mile radius
Listing Price: $1,450,000
Investment Highlights
- 100 Percent Occupied Center Anchored by T-Mobile, which Recently Extended Five Years
- Long Operating History | Acceptance Insurance has been Operating at this Location since 2006 & T-Mobile since 2018
- Positioned at the Signalized Intersection of E New York Street and N Ohio Street, which saw a Combined Daily Traffic of 31,400 Vehicles Per Day
- 1.2 miles from Hollywood Casino Aurora which ranks in the top 2% of hotels and casinos in Illinois based on visits and attracts 518.3K annual visitors (Placer.ai)
- Average household income of $132,885 within a five-mile radius
Investment Overview
This property is a 100 percent occupied shopping center anchored by T-Mobile, which just executed a five-year lease extension, reinforcing its long-term commitment. The center features a strong tenant mix where two of four tenants benefit from scheduled rent increases. Tenants demonstrate stability and commitment with long operating histories—Acceptance Insurance since 2006 and T-Mobile since 2018—while new leasing momentum is shown by Mayo Grill and Boost Mobile signing leases in 2023 and 2024. The center sits at a high-visibility, signalized hard-corner intersection with 31,400 vehicles passing daily and is located just 1.5 miles from the Aurora Metra Station. The trade area is supported by strong demand drivers, including East Aurora High School (4,019 students), Hollywood Casino Aurora (Ranks in the top 2% of hotels & casinos in Illinois by visits per Placer.ai), and surrounding retailers such as ALDI, Walgreens, and AutoZone. With 123,153 residents and 109,438 employees within three miles and an average household income of $132,885 within five miles, the property benefits from an extremely dense and affluent demographic base.
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