200-208 E North Ave - Retail FOR SALE


Villa Park, IL 60181
$5,685,000 USD
630-570-2260
200-208 E North Ave, Villa Park, IL for Sale
$5,685,000 USD
Retail - FOR SALE
1/9
null | 7% Cap Rate

200-208 E North Ave
Villa Park, IL 60181


HIGHLIGHTS

  • 100% occupied with long-term tenants | 6.80-year WALT | Both tenants operate under a net lease with limited landlord responsibilities
  • U.S. Renal Care has been operating at this location since 2012 and has 7 years of term remaining with 2, 5-year renewal options
  • O’Reilly Auto Parts has been operating at this location since 2010 and has 6.67 years of term remaining with 3, 5-year renewal options
  • Large-sized lot with strong visibility along a busy thoroughfare | DuPage County location
  • Extremely dense and affluent trade area with an average household income of $137,492

OVERVIEW

This 100% occupied, two-tenant property features long-term, net-leased tenants—U.S. Renal Care and O’Reilly Auto Parts—who have operated at the site since 2012 and 2010, respectively. The leases have a weighted average remaining term of 6.80 years, providing stable, long-term income. Both tenants offer strong lease fundamentals with scheduled rental increases and multiple renewal options. The property sits on a highly visible 2.46-acre lot with over 230 feet of frontage along E North Ave (44,000 VPD) with three points of access and 140 parking spaces. Strategically positioned along a busy retail corridor, it is near high-traffic anchors such as Target (1.5 million annual visitors) and North Park Plaza, which ranks in the top 1% of strip centers nationwide by visits. The site is also minutes from the Villa Park Metra Station and the I-290/I-294 interchange. The surrounding trade area is affluent and densely populated, with over 109,000 residents and 127,000 employees within a three-mile radius, and an average household income exceeding $137,000.

FOR SALE DETAILS

PRICE

$5,685,000 USD

PRICE/SF

$260 USD /SF

CAP RATE

7%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Royal Plaza

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1967

SPRINKLERS

-

PARKING SPACES

170

LAND DETAILS

LAND ACRES

2.92 AC

LAND SF

127,195 SF

ZONING

C3

APN/PARCEL ID

03-34-303-057

ASK ABOUT THIS PROPERTY

Sean SharkoSharko | Weisenbeck | Mendoza GroupMore Info
630-570-2260

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Sean SharkoSharko | Weisenbeck | Mendoza GroupMore Info
630-570-2260

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.