Retail Space Anchored by Michael's & Menard's

2764 Aurora Ave Naperville, IL 60540

2764 Aurora Ave, Naperville, IL, 60540
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FOR LEASE
Property Type:
Street Retail
Amount:
Please Call Broker for Price

Last Verified:
Dec 12, 2024

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Highlights

  • Strong Visibility on Aurora Ave
  • Anchored by Michaels & Menards
  • Key Location in the Heart of the Retail Corridor
  • Excellent Demographics with High Incomes

Description

Flexible retail space in attractive masonry retail center anchored by Michael's arts and crafts. Strong co-tenancy including highly successful Kiku Japanese Steakhouse (recent 15 year renewal), Massage Envy, Bernina and Aboslute Integrated Health MedSpa. The center offer excellent visibility from Aurora Ave uninhibited by outlots, and excellent access with two full access points including a signaled entrance. Ideal location for retail, showroom, children's entertainment, martial arts, medical and service tenancy.

The property situated in the Heart of the Naperville retail corridor, just east of Rt 59 on Aurora Ave. The property is less than 1/2 miles from Fox Valley Mall, a 1.5 million square foot enclosed regional mall anchored by Macy’s and JCPenney, and is surrounded by best in class national retailers including Target, Meijer, Best Buy, PetCo, Ulta Beauty and many others.

The Property is shadow-anchored by a 165,689 square foot Menards, driving significant consumer traffic to the center. Strong traffic counts with more than 21,000 VPD on Aurora Ave and more then 80,000 VPD at the intersection of Aurora Ave & Route 59.


Year Built: 2004
Building Size: 52101sq ft
Lot Size: 5.98 acres


Documents

Lease Brochure - Waterside Center 2764 Aurora Ave, Naperville

Units for Lease

122
Space Available: 2400 SF
Lease Type: NNN

Price Per Sqft/Year: $25.00

Map of 2764 Aurora Ave, Naperville, IL, 60540

What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.