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Modern Flex Space in Aurora
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4248 Meridian Pkwy, Aurora, IL 60504

Single-story complex near Route 59, suitable for industrial or office.

Space Size12,183 SF
Property Size21,476 SF
Days on Market1173

Property Features for 4248 Meridian Pkwy

General Information

Standard status Active
Size 12,183 SF
Total Parking Spaces 84
Property subtype Industrial
Lease Type NNN

Building Details

Building Size 21,476 SF
Tenancy Multiple

Spaces For Lease

at 4248 Meridian Pkwy Contact us

Suite 175

Size
12,183 SF
Type
Industrial
Lease Type
NNN
Availability
Active
Contact us
Listing Agency: Versa Real Estate Services
Listed By: Ryan Moen · License #IL 471011256
Source: Crexi
Added: Jun 20, 2023 Changed: Sep 2 Last Checked: Sep 1 at 2:03AM

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 Versa Real Estate Services

Investment Insights

Based on property information with market context.

This single-story complex is located in the Meridian Business Campus, near shopping and dining options along Route 59. Zoned M1 (Manufacturing District, Limited), the property is suitable for light industrial and office uses. The building offers up to 21,476 square feet, divisible to 5,000 square feet. It features 1200 amp, 3-phase service, 36-foot column spacing, and approximately 14'6" clear height. Up to three 12' x 12' drive-in doors/docks are available for box truck access. The building is fully air conditioned and provides a parking ratio of up to 4 spaces per 1,000 square feet. Tenants can benefit from monument signage along Meridian Parkway.

Key Highlights

  • Up to 21,476 SF available, divisible to 5,000 SF
  • Located in the established Meridian Business Campus near Route 59 shopping and dining.
  • Zoned M1 (Manufacturing District, Limited) allowing for diverse light industrial and office uses.

Property Analytics

Current Use

Dyson Inc Corporate Office

Suggested Use

Top Pick Law Firm Auto Parts Store Garden Center Electrical Service Accounting Firm Catering Service

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

NNN (Triple Net)
Lease Type
$1.88 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

502
Businesses Nearby
Balanced
Demand for This Use

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

Market

Lease Benchmarks for Aurora, IL

$14.25 /SF/Yr
Avg Asking Price
$12–$17 /SF/Yr
Price Range
34,009 SF
Avg Space Size

This space is priced 12% below the average of $14.25 /SF/Yr.

Vacancy Rate% for Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Flex space - Single-story complex near Route 59, suitable for industrial or office.
Where is this flex space located?
The property is located at 4248 Meridian Pkwy Aurora, IL.
What is the lease rate?
The lease rate is $12.50 SF/Yr.
What are key features of this property?
This property features: Up to 21,476 SF available, divisible to 5,000 SF; Located in the established Meridian Business Campus near Route 59 shopping and dining.; Zoned M1 (Manufacturing District, Limited) allowing for diverse light industrial and office uses.
(630) 480-6346 Call to check price and availability
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