100 Hansen Blvd, North Aurora, IL 60542-8985
This exceptional investment opportunity presents a 3,756 square foot, Class A retail property in North Aurora, IL, currently occupied by Heartland Dental, the nation's largest dental support organization. Boasting a new 10-year net lease (NN) with a corporate guarantee, this single-tenant building offers a secure, passive income stream. Located on a 1.49-acre lot at a prominent intersection with high visibility, the property benefits from its position in a thriving shopping center anchored by Woodman's Market and surrounded by other national retailers including Target, Aldi, and Starbucks. The property enjoys convenient access to I-88 and is situated near local schools. Built in 2008 and extensively renovated in 2023, the building features a modern design and caters to Heartland Dental's growing customer base. The lease includes 10% rent bumps every five years and offers four, five-year renewal options. With a current NOI of $165,500 and a 6.25% cap rate, this investment offers a compelling return on investment in an affluent Chicago MSA area with an average household income exceeding $137,500 within a one-mile radius. The property's strong tenant, prime location, and favorable lease terms make it an ideal addition to any portfolio. The asking price is $2,648,000.
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PNC Bank Bank Loan Service
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.