892 Frontenac St, Aurora, IL 60504-3165
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.
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Action Behavior Centers - ABA Therapy for Autism Pediatrician
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
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.