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    825 Erica Ln Yorkville, IL 60560

    For Lease
    $18 SF/Yr

    50,000 SF Retail Space Available Now

    Lot size:
    50,088 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional 50,088 square foot, single-tenant retail space, located within the thriving Kendall Marketplace power center on high-traffic Route 34, presents a unique opportunity. The property boasts an open floor plan with high ceilings, making it ideally suited for a fitness center, indoor recreational facility, or large retail establishment. Its immediate availability is a significant advantage, allowing for quick occupancy and immediate return on investment. The space has recently undergone substantial upgrades, including new flooring. The property benefits from its location within a power center anchored by high-profile national retailers such as Kohl's, Home Depot, Super Target, Famous Footwear, PetSmart, Marshalls, Ulta Beauty, Kay Jewelers, Sport Clips, Dollar Tree, Claire's, Maurices, Verizon Wireless, and Smoothie King, ensuring high foot traffic and excellent visibility. The high traffic flow and prominent location within this established center contribute to its exceptional value and desirability. This is a turnkey opportunity to establish a successful business in a prime retail location. The high ceilings and open floor plan offer maximum flexibility for tenant build-out and customization. Don't miss this chance to secure a space in this dynamic and successful retail environment.

    Property Features for 825 Erica Ln

    General Information

    Property type
    Individual retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    50,088 SF
    Total Rate
    75132

    Building Details

    Stories
    1

    Unit(s) available at that property

    Space
    Size
    49,999 SF
    Rate per SF
    $18

    HighLights

    • 50,088 SF single‑tenant retail space, ideal for a fitness center or large retail user.
    • Open floor plan with high ceilings.
    • Immediately available.
    • High traffic location on Route 34, benefiting from strong anchor tenants (Kohl's, Home Depot, Target, etc.).
    • Recently upgraded flooring.
    Property Profile Location Intelligence

    Current Use by Public Records

    Signature Fitness Club Fitness Center Spirit Halloween Costume Store

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Yorkville
    County
    Kendall
    State
    Illinois
    Longitude
    -88.4608269
    Latitude
    41.6646303

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    FAQs

    What type of property is this?
    Individual retail property - 50,000 SF Retail Space Available Now
    Where is this individual retail property located?
    The property is located at 825 Erica Ln Yorkville, IL.
    What is the lease rate?
    The lease rate is $18 SF/Yr.
    What are key features of this property?
    This property features: 50,088 SF single-tenant retail space, ideal for a fitness center or large retail user.; Open floor plan with high ceilings.; Immediately available.
    Request Owner's contact information
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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
    825 Erica Ln Yorkville, IL 60560
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