Colliers International is pleased to present 4255 Meridian Parkway, Aurora, Illinois. This one story flex property the income stability of a long-term quality credit lease with Glanbia Business Services, Inc for 55% of the building. Feld Entertainment’s commitment to execute a long term lease for 9,151 RSF brings the building’s occupancy to 76%. Enhance value through leasing-up the available 10,774 RSF.
The site was designed with the ability to expand the building footprint by approximately 11,294 RSF and parking by 41 spaces. This adjustment in size increases the square footage to 55,609 SF and further enhances this value-add opportunity.
Aurora, IL Value-Add Flex Building was built in 2006. The building has been recently upgraded with additional restrooms and multi-tenant common area improvements. Located in an opportunistic location in Aurora, Illinois, this unique opportunity allows for significant value add - upside for a user occupier, cash flow for a long term hold, or future development opportunity.