Net Leased Restaurant
For Sale
$1,469,837
4333 Fox Valley Center Dr, Aurora, IL 60504
Net leased steak ‘n shake restaurant available for sale.
Property Size3,760 SF
Days on Market202
Property Features for 4333 Fox Valley Center Dr
General Information
Standard status
Active
Size
3,760 SF
Property subtype
Retail
Building Details
Building Size
3,760 SF
Year Built
1998
Listing Agency:
The Boulder Group
Listed By:
Randy Blankstein · License #471005983
(847) 562-0003
Source:
Commercialcafe
Added: Apr 11
Changed: Oct 25
Last Checked: Oct 28 at 5:02AM
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 The Boulder Group
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This property is a net leased restaurant asset operating as a Steak ’n Shake. It is presented for sale with the tenant in place under a net lease structure.
The address is 4333 Fox Valley Center Dr in Aurora, Illinois.
The address is 4333 Fox Valley Center Dr in Aurora, Illinois.
Key Highlights
- Net leased Steak ’n Shake restaurant available for sale
- Restaurant is offered as a net‑lease investment
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$47,714
Cap Rate
3.25%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$954,280
$954.3K
Cap Rate 7%
$681,629
$681.6K
Cap Rate 9%
$530,156
$530.2K
Market Conditions
NOI Build-Up for 3,760 SF
Gross rent
$67.7K $18.00/SF
− Vacancy
−$4.1K −$1.08/SF
EGI
$63.6K $16.92/SF
− OpEx
−$15.9K −$4.23/SF
NOI
$47.7K $12.69/SF
Area
Aurora, IL
Vacancy
6.00%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$954,280
Cap Rate 7%
$681,629
Cap Rate 9%
$530,156
Alternative Uses
Best Use
Specialty Retail
$681.6K
$596.4K – $795.2K
NOI $47,714 @ 7.0% cap · market cap 3.25%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.08M
$941.9K – $1.26M
NOI $75,350 @ 7.0% cap · market cap 5.13%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,682
Businesses Nearby
507k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Apparel 44%
Shops & Services 27%
Dining 14%
Groceries 7%
Macy's
Apparel
102,135 visits/mo
0.3 miles
Kohl's
Apparel
54,768 visits/mo
0.5 miles
JCPenney
Apparel
51,084 visits/mo
0.1 miles
Dollar Tree
Shops & Services
40,128 visits/mo
0.5 miles
Hobby Lobby
Shops & Services
35,078 visits/mo
0.5 miles
Demographics for 60504, IL
38,901
Population
15,029
Households
2.6
Avg Household Size
35
Median Age
49%
College-Educated
91%
High-School Grad
8.8 sq mi
ZIP Area
4,421
Density / Sq Mi
$98,249
Median Household Income
$48,678
Median Earnings
$1,861
Median Rent
$272,800
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in Midwest region
Frequently Asked Questions
What type of property is this?
Conventional restaurant - Net leased steak ‘n shake restaurant available for sale.
Where is this conventional restaurant located?
The property is located at 4333 Fox Valley Center Dr Aurora, IL.
What is the asking price?
The asking price for this property is $1,469,837.
What are key features of this property?
This property features: Net leased Steak ’n Shake restaurant available for sale; Restaurant is offered as a net‑lease investment
