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Shopping Neighborhood

Add-Value Medtail Center | National Investment Grade Tenants

1901 W Galena Blvd, Aurora, IL 60506

Listing Price: Request For Offer

Gross SF
98,765
Rentable SF
98,765
Lot Size
17.59 acres
Year Built
1961

Investment Overview

Marcus & Millichap is pleased to present Medtail Shopping Center Anchored by Rush-Copley Medical Center located in Aurora, Illinois. Rush Copley offers rush family medicine, obstetrics and gynecology, rush convenient care and imaging. Lease offers rental increase at the upcoming option period in 2022. Anytime Fitness has over eight years remaining on its triple-net lease with two percent annual rental increases. Hounds Towns recently renovated the old McDonalds showing commitment to space and there is over 10 years left of term with two percent annual rental increases. Long-term tenancy with Colonial Ice Cream Restaurant, d/b/a Syrup, having operated as this location since 1994 and just rebranded the location. AutoZone has operated at this location since 2004, The Cigarette Hut has operated at this location since 2005, Oldtime Barbers has operated at this location since 2006, and Fine Japanese Cuisine has operated at this location since 2009. Opportunity to add-value and cap rate growth through leasing the remaining 23,751 square feet of vacant space and developed land. Attractive real estate fundamentals being adjacent to Big Lots and across from Jewel-Osco. The property is less than a mile from West Aurora High School with 3,663 students enrolled. 2.2 miles west of downtown Aurora. 2.5 miles south of Interstate 88. Notable retailers in the area include Aldi, Walgreens, Ace Hardware, Dunkin’, Taco Bell, and many more. Located at a stoplight intersection and eight points of ingress/egress. Situated along heavily traveled West Galena Boulevard with 14,600 vehicles passing per day. Just off a major intersection of North Orchard Road and West Galena Boulevard with 51,900 combined vehicles passing per day. Strong demographics is the area with 204,961 people living within five miles of subject property with an average household income of $90,978. There is a high daytime population with 80,770 people working within three miles of subject property.

Investment Highlights

  • Medtail Shopping Center Anchored by Rush-Copley Medical Center
  • Long-Term Tenancy
  • Opportunity to Add Value and Cap Rate Growth Through Leasing the Remaining 23,751 Square Feet of Vacant Space and Developed Land
  • Attractive Real Estate Fundamentals
  • Located at a Stoplight Intersection and Eight Points of Ingress/Egress
  • Situated Along Heavily Traveled West Galena Boulevard | 14,600 Vehicles Passing per Day
  • Just Off a Major Intersection of North Orchard Road and West Galena Boulevard | 51,900 Combined Vehicles Passing per Day
  • Strong Demographics

Exclusively Listed By

Shopping Neighborhood

Add-Value Medtail Center | National Investment Grade Tenants

Listing Price: Request For Offer

Gross SF
98,765
Rentable SF
98,765
Lot Size
17.59 acres
Year Built
1961

Investment Highlights

  • Medtail Shopping Center Anchored by Rush-Copley Medical Center
  • Long-Term Tenancy
  • Opportunity to Add Value and Cap Rate Growth Through Leasing the Remaining 23,751 Square Feet of Vacant Space and Developed Land
  • Attractive Real Estate Fundamentals
  • Located at a Stoplight Intersection and Eight Points of Ingress/Egress
  • Situated Along Heavily Traveled West Galena Boulevard | 14,600 Vehicles Passing per Day
  • Just Off a Major Intersection of North Orchard Road and West Galena Boulevard | 51,900 Combined Vehicles Passing per Day
  • Strong Demographics

Investment Overview

Marcus & Millichap is pleased to present Medtail Shopping Center Anchored by Rush-Copley Medical Center located in Aurora, Illinois. Rush Copley offers rush family medicine, obstetrics and gynecology, rush convenient care and imaging. Lease offers rental increase at the upcoming option period in 2022. Anytime Fitness has over eight years remaining on its triple-net lease with two percent annual rental increases. Hounds Towns recently renovated the old McDonalds showing commitment to space and there is over 10 years left of term with two percent annual rental increases. Long-term tenancy with Colonial Ice Cream Restaurant, d/b/a Syrup, having operated as this location since 1994 and just rebranded the location. AutoZone has operated at this location since 2004, The Cigarette Hut has operated at this location since 2005, Oldtime Barbers has operated at this location since 2006, and Fine Japanese Cuisine has operated at this location since 2009. Opportunity to add-value and cap rate growth through leasing the remaining 23,751 square feet of vacant space and developed land. Attractive real estate fundamentals being adjacent to Big Lots and across from Jewel-Osco. The property is less than a mile from West Aurora High School with 3,663 students enrolled. 2.2 miles west of downtown Aurora. 2.5 miles south of Interstate 88. Notable retailers in the area include Aldi, Walgreens, Ace Hardware, Dunkin’, Taco Bell, and many more. Located at a stoplight intersection and eight points of ingress/egress. Situated along heavily traveled West Galena Boulevard with 14,600 vehicles passing per day. Just off a major intersection of North Orchard Road and West Galena Boulevard with 51,900 combined vehicles passing per day. Strong demographics is the area with 204,961 people living within five miles of subject property with an average household income of $90,978. There is a high daytime population with 80,770 people working within three miles of subject property.

Exclusively Listed By

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