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1852 Towne Center Dr, North Aurora, IL 1866 Towne Center Dr, North Aurora, IL
North Aurora Towne Center
Asset ClassRetail
target outlot multi-tenant retail center
overview of deal

Overview

Greenstone Partners, as the Exclusive Investment Advisor, is pleased to present the opportunity to acquire the 100% fee-simple interest in North Aurora Towne Center (the “Property”), a multi-tenant retail asset located in North Aurora, Illinois, a western suburb of Chicago.

 

Positioned as an outlot to the larger North Aurora Towne Center, the ±15,796 square foot Property benefits from excellent visibility, direct access, and proximity to Interstate I-88. The Property features a diverse and stable tenant roster of nationally recognized brands including Verizon, Massage Envy, Cosmo Prof, and Hair Cuttery. Tenant tenure is a defining strength, with approximately a weighted average lease tenure of 11.21 years, underscoring long-term commitment and consistent performance.

 

The Property is positioned within a strong retail node anchored by Target, Michaels, Petco, Dollar Tree and Woodman’s Food Market, which collectively drive consistent consumer traffic and support strong long-term leasing fundamentals.

 

North Aurora continues to experience steady growth driven by a diverse mix of retail, industrial, and residential development, supported by major employers such as Kraft, DHL, Toyota, Advocate Medical, and Nestlé. Continued multifamily expansion, combined with strong area demographics and immediate access to Interstate I-88, positions the Property to benefit from sustained population growth and retail demand.

 

Overall, the offering presents investors with a rare opportunity to acquire a well-located, institutionally anchored retail asset with durable tenancy, strong market fundamentals, and long-term income stability.

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Investment Highlights

⦿ ATTRACTIVE TENANT ROSTER + LONG-TERM TENURE

 

⦿ LOW VACANCY RETAIL CORRIDOR

 

⦿ OUTLOT TO MAJOR RETAIL CENTER + STRONG TRAFFIC GENERATORS

 

⦿ E-COMMERCE RESISTENT TENANTS + NET LEASES

 

⦿ GROWING TRADE AREA + STRONG ECONOMIC DRIVERS

 

⦿ STRONG DEMOGRAPHICS + IMMEDIATE ACCESS TO I-88

 

1852 Towne Center DrNorth Aurora, IL 60542
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