1320 Route 59Naperville, IL 60563
- Retail properties
- 78,792 SF
Property Details for 1320 Route 59
- Year built
- 2007
- Lot size
- 7.38 AC
- Property size (Sq ft)
- 78,792 SF
- Property type
- Retail properties
- Property subtype
- Retail space
- APN
- 07-10-314-010
- APU
- 710314010
Description
This exceptional retail space, totaling 1,177 square feet, is situated within the highly visible Design Pointe Center in Naperville, Illinois, at 1320 N Rte 59, zip code 60563. The property is part of a larger 78,899 square foot strip center in DuPage County, boasting a strong tenant mix including established businesses such as McDonald's and Chase Bank (outlots), Luna Flooring, Studio 41, and the Great American Sub Company. This particular unit is one of several available spaces ranging in size from 1,177 to 2,835 square feet. The center enjoys excellent visibility and accessibility, with over 45,000 vehicles passing daily on Route 59. Many units offer convenient rear drive-in doors for efficient loading and unloading. Ample on-site parking is available for customers and employees. The property is exceptionally well-maintained, reflecting a commitment to providing a high-quality environment for tenants. The landlord is highly motivated to lease this space. This prime location offers unparalleled opportunity for businesses seeking high visibility and strong foot traffic in a thriving Naperville community.
Valuation
by Realmo methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $20,913,442
- 6.5%
- $19,304,716
- 7%
- $17,925,806
-
Comparable approach
- Method
- Valuation
- Relative Method
- $20,158,022
- Geo Method
- $25,861,898
-
Alternative Use
- Use
- Valuation
- Residential
- $16,284,249
- Hospitality
- $14,916,285
- Educational
- $12,410,174
- Medical
- $12,836,979
- Retail
- $19,304,716
Location Insight
- City
- Naperville
- County
- Dupage
- State
- Illinois
- Latitude
- 41.79
- Longitude
- -88.2042
- CBSA code
- 16980
- CBSA name
- CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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