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    2764 Aurora Ave Naperville, IL 60540

    Sponsored
    For Lease
    $28 SF/Yr

    Upscale retail space, strong co-tenancy, high visibility.

    Lot size:
    52,101 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional Class A retail strip center, Waterside Center, located at 2764 Aurora Ave in Naperville, IL 60540, offers a prime opportunity for businesses seeking high-traffic exposure. The property boasts a total of 52,101 square feet, with 2,400 square feet currently available for lease. Spaces range from a minimum of 2,400 square feet to a maximum contiguous space of 8,254 square feet, providing flexibility for various retail concepts. Built in 2004, this well-maintained center sits on a 5.97-acre lot in DuPage County and benefits from excellent visibility on Aurora Avenue, enhanced by two full access points, including a signaled entrance. The center enjoys a strong co-tenancy with established businesses such as Michael's arts and crafts (anchor tenant), Kiku Japanese Steakhouse, Massage Envy, Bernina, Bistro Manila, Legacy Physical Therapy, and the soon-to-open The Fun Place. This upscale retail environment, situated directly across from Block 59, provides an ideal location for businesses seeking a thriving and affluent customer base. The property's strategic location and impressive tenant mix create a compelling investment opportunity.

    Property Features for 2764 Aurora Ave

    General Information

    Property type
    Neighborhood centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    52,101 SF
    Class
    A
    Total Rate
    121569

    Building Details

    Year Built
    2004

    Unit(s) available at that property

    Space
    Space 122
    Size
    2,400 SF
    Rate per SF
    $28

    HighLights

    • Class A retail strip center totaling 52,101 square feet in Naperville, IL.
    • 2,400 square feet currently available for lease, with spaces ranging from 2,400 to 8,254 square feet.
    • Located on a 5.97‑acre lot at 2764 Aurora Ave, with excellent visibility and two full access points.
    • Built in 2004 and well‑maintained, featuring a strong tenant mix including Michaels (anchor), Kiku, Massage Envy, and others.
    • Prime location across from Block 59, offering high‑traffic exposure and an affluent customer base in DuPage County.
    Property Profile Location Intelligence

    Current Use by Public Records

    Kiku Japanese Steak ... Japanese Restaurant Absolute Integrated Heath ... Pain Management Physician Legacy Physical Therapy ... Physical Therapy Clinic Renown Weight Loss ... Weight Loss Service Bistro Manila of Naperville Filipino Restaurant

    Suggested Use

    Realty agency Restaurant Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Hotel & Motel

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Naperville
    County
    DuPage
    State
    Illinois
    Longitude
    -88.20288
    Latitude
    41.762566

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    FAQs

    What type of property is this?
    Neighborhood center - Upscale retail space, strong co-tenancy, high visibility.
    Where is this neighborhood center located?
    The property is located at 2764 Aurora Ave Naperville, IL.
    What is the lease rate?
    The lease rate is $28 SF/Yr.
    What are key features of this property?
    This property features: Class A retail strip center totaling 52,101 square feet in Naperville, IL.; 2,400 square feet currently available for lease, with spaces ranging from 2,400 to 8,254 square feet.; Located on a 5.97-acre lot at 2764 Aurora Ave, with excellent visibility and two full access points.
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2764 Aurora Ave Naperville, IL 60540
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