610-624 E Ogden Ave - Storefront Retail/Office FOR SALE


Naperville, IL 60563- Downtown Naperville
$5,503,000 USD
610-624 E Ogden Ave, Naperville, IL for Sale
$5,503,000 USD
Storefront Retail/Office - FOR SALE
1/13
null | 7.25% Cap Rate

610-624 E Ogden Ave
Naperville, IL 60563
Downtown Naperville


HIGHLIGHTS

  • Unique Value-Add Opportunity
  • Diverse and Established Tenant Mix
  • Excellent Visibility Along Ogden Ave
  • Located in One of Chicago’s Most Desirable Suburbs
  • Affluent, Desirable Trade Area
  • DuPage County Advantage – Lower Tax Exposure

OVERVIEW

CBRE NRP-Midwest is pleased to present qualified investors the opportunity to acquire Twin Centers, a 22,500-square-foot neighborhood unanchored retail center in the heart of Naperville – one of the most desirable and affluent suburbs in the Chicago MSA. Situated less than two miles from Naperville’s vibrant downtown and along the high-traffic Ogden Avenue corridor, Twin Centers benefits from outstanding visibility in a dense, high-income trade area. Located in DuPage County, the property also enjoys lower tax exposure than neighboring Cook County, contributing to stronger margins and long-term rent growth potential. The Property’s strong local identity, combined with below-market lease structures, offers investors both stable cash flows and clear upside potential in one of the Midwest’s most dynamic suburban markets.

FOR SALE DETAILS

PRICE

$5,503,000 USD

PRICE/SF

$611 USD /SF

CAP RATE

7.25%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Twin Centers

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1976

SPRINKLERS

-

PARKING SPACES

114

LAND DETAILS

LAND ACRES

1.8 AC

LAND SF

78,408 SF

ZONING

B1

APN/PARCEL ID

08-07-413-011,08-07-413-036

ASK ABOUT THIS PROPERTY

Adam ForetCBREMore Info

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