PetSmart & Guitar Center
$7,150,000
976 North Route 59, Aurora, IL 60504
For Sale
Retail
Community Center
Active
Last Updated: 10/01/2026
7.25
Cap Rate
518,212
NOI
Details:
Cap Rate: 7.25%
NOI: $518,212
Building Size: 40,834 sqft
Lot Area: 5.69 acres
Occupancy: 100%
Tenancy: Multiple
Highlights:
- RECENT TENANT LONG TERM RENEWALS | 10.3 YEAR WALT
- DOMINANT ROUTE-59 TRADE AREA | 15.4M VISITS PER PLACER.AI
- FAVORABLE DUPAGE COUNTY TAXES
- DENSE SUBURBAN MARKET WITH AFFLUENT CUSTOMER BASE
- EXCELLENT POSITIONING ALONG ROUTE 59 | 70K VPD INTERSECTION
Description:
Mid-America Real Estate Corporation has been retained on behalf of the owner to sell the fee simple interest in a 40,834-square-foot, two-tenant building constructed in 1994 occupied by Guitar Center and PetSmart. The subject property is located in Aurora, IL ideally positioned on the north end of the Route 59 retail corridor, the most prominent retail setting in Aurora.
Documents:
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Meridian_Retail_Center_OM.pdf
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Location
Gallery