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PetSmart & Guitar Center

$7,150,000

976 North Route 59, Aurora, IL 60504

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.

Map:
Documents:
Title
Meridian_Retail_Center_OM.pdf
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Location
Gallery