892 Frontenac St Aurora, IL 60504-3165
- Office Properties & Spaces
- 6,285 SF
- 1.08 lot acres
May 07, 2025
Current Use by Public Records
- Studio Health / Chiropractor
- Performance Inspired Training / Personal Trainer
- MACK Training / Personal Trainer
- G3 Powerhouse / Personal Trainer / Athletic Club
- Action Behavior Centers - ABA Therapy for Autism / Applied Behavior Analysis Therapist / Child Health Care Centre
Property Details for 892 Frontenac St
- Year built
- 2013
- Lot size
- 1.08 lot acres
- Property size
- 6,285 SF
- Property type
- Office Properties & Spaces
- APN
- 07-29-413-044
- APU
- 729413044
Description
This exceptional investment opportunity presents a 6,280-square-foot medical office building in Aurora, Illinois, currently leased to Action Behavior Centers, a national autism therapy operator with over 270 locations. The property, built in 2009 and situated on a 1.08-acre lot, enjoys a prime location in affluent DuPage County, just outside Chicago. The current tenant holds a 10-year net lease (NNN) commencing November 1, 2023, with a remaining term of approximately 9.2 years and two 5-year renewal options. The lease includes a favorable 2.5% annual rent increase, providing a hedge against inflation and consistent cash flow growth. The asking price is $2,145,667, representing a compelling 6.75% capitalization rate based on a net operating income (NOI) of $144,833. The property boasts 100% occupancy and benefits from the tenant's strong financial backing by Charlesbank Capital Partners, who acquired the business for $840 million in 2022. The surrounding area features high household incomes (over $129,000 annually within a 1-mile radius) and a dense population (over 259,000 within a 5-mile radius). This investment offers a stable, passive income stream in a rapidly expanding sector of healthcare, with the global autism therapy market projected to reach $6 billion by 2030. The tenant's established presence and expansion plans, coupled with the lease terms and location, make this a highly attractive opportunity for discerning investors. The property is e-commerce resistant, and the tenant's infrequent relocation due to patient retention and moving costs provides additional security.
Value Estimations
-
AI approach
- Method
- Estimation
- Statistic approach
- $1,740,000
- ML approach
- $1,760,000
-
CAP approach
- CAP Return
- Estimation
- 6%
- $1,810,000
- 6.5%
- $1,670,000
- 7%
- $1,550,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $1,259,000
Market price range: $306k - $1.74M
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Location Insight
- Map
- Local Demand
- City
- Aurora
- County
- Dupage
- State
- Illinois
- Longitude
- -88.2291
- Latitude
- 41.7407
- CBSA code
- 16980
- CBSA name
- CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA
