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Small Anchor Grocery Retail Space
For Lease
Contact for pricing
Pending

1238-1270 N Lake St, Aurora, IL 60506

Small shop space availability with pylon signage options in a grocery and convenience store power-center setting.

Property Size5,688 SF
Days on Market972

Property Features for 1238-1270 N Lake St

General Information

Standard status Pending
Size 5,688 SF
Property subtype RETAIL

Site & Location

Pylon Signage Yes
Anchor Co-Tenants Cermak Fresh Market, Ross Dress for Less, Five Below, DD's Discounts, Dollar Tree

Building Details

Tenancy Multi
Listing Agency: Mid-America Real Estate Group | Oakbrook Terrace
Listed By: Liz Krebs
Source: Moodyscre
Added: Dec 1, 2023 Changed: Jul 30 Last Checked: Jul 30 at 11:30AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Mid-America Real Estate Group | Oakbrook Terrace

Investment Insights

Based on property information with market context.

This for-rent retail opportunity is positioned within a grocery and convenience store power-center environment, with anchor, pad, and small shop opportunities available. A 7,451 SF small anchor opportunity is also noted, along with small shop space availability for complementary tenants.

The site includes opportunities for signage, including pylon signs available. The tenant mix is described as anchored by Cermak Fresh Market (noted as a shadow anchor) and supported by retailers including Ross Dress for Less, Five Below, DD’s Discounts, and Dollar Tree with additional shopping center activity.

For operators looking for a grocery-driven center with flexible retail formats, the combination of small shop space and pad/anchor opportunity provides multiple tenancy options, including visibility through pylon signage.

Key Highlights

  • 7,451 SF small anchor opportunity within the center
  • Small shop space availability
  • Anchor, pad, and small shop opportunities available

Property Analytics

Current Use

Grocery and convenience stores

Suggested Use

Top Pick Real Estate Agency Law Firm Parking Lot & Garage Big Box & Wholesale Store Garden Center Accounting Firm

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant
Tenancy
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

1,192
Businesses Nearby
207k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Dining 40% Shops & Services 36% Apparel 16% Electronics 4%
McDonald's Dining
31,915 visits/mo 0.3 miles
Ross Dress for Less Apparel
30,613 visits/mo 0.1 miles
Starbucks Dining
19,354 visits/mo 0.1 miles
dd's DISCOUNTS Shops & Services
15,941 visits/mo 0.2 miles
White Castle Dining
13,980 visits/mo 0.1 miles

Demographics for 60506, IL

52,011
Population
18,204
Households
2.9
Avg Household Size
36
Median Age
29%
College-Educated
84%
High-School Grad
21.2 sq mi
ZIP Area
2,453
Density / Sq Mi
$76,105
Median Household Income
$38,341
Median Earnings
$1,305
Median Rent
$246,700
Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
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Similar Off Market Nearby

  • Alma Food Market — 823 Aurora Ave, Aurora, IL 60505

Frequently Asked Questions

What type of property is this?
Grocery and convenience store - Small shop space availability with pylon signage options in a grocery and convenience store power-center setting.
Where is this grocery and convenience store located?
The property is located at 1238-1270 N Lake St Aurora, IL.
What are key features of this property?
This property features: 7,451 SF small anchor opportunity within the center; Small shop space availability; Anchor, pad, and small shop opportunities available
(630) 954-7362 Call to check price and availability
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