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T-Mobile Anchored Center 954 E New York St 4,414 SF 100% Leased Retail Building Aurora, IL 60505 $2,024,084 CAD ($458.56 CAD/SF) 8.46% Cap Rate

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INVESTMENT HIGHLIGHTS

  • 100 Percent Occupied Center Anchored by T-Mobile, which Recently Extended Five Years
  • Positioned at the Signalized Intersection of E New York Street and N Ohio Street, which saw a Combined Daily Traffic of 31,400 Vehicles Per Day
  • Average household income of $132,885 within a five-mile radius
  • Long Operating History | Acceptance Insurance has been Operating at this Location since 2006 & T-Mobile since 2018
  • 1.2 miles from Hollywood Casino Aurora which ranks in the top 2% of hotels and casinos in Illinois based on visits and attracts 518.3K annual visitors

EXECUTIVE SUMMARY

This property is a 100 percent occupied shopping center anchored by T-Mobile, which just executed a five-year lease extension, reinforcing its long-term commitment. The center features a strong tenant mix where two of four tenants benefit from scheduled rent increases. Tenants demonstrate stability and commitment with long operating histories—Acceptance Insurance since 2006 and T-Mobile since 2018—while new leasing momentum is shown by Mayo Grill and Boost Mobile signing leases in 2023 and 2024. The center sits at a high-visibility, signalized hard-corner intersection with 31,400 vehicles passing daily and is located just 1.5 miles from the Aurora Metra Station. The trade area is supported by strong demand drivers, including East Aurora High School (4,019 students), Hollywood Casino Aurora (Ranks in the top 2% of hotels & casinos in Illinois by visits per Placer.ai), and surrounding retailers such as ALDI, Walgreens, and AutoZone. With 123,153 residents and 109,438 employees within three miles and an average household income of $132,885 within five miles, the property benefits from an extremely dense and affluent demographic base.

DATA ROOM Click Here to Access

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
4,414 SF
Building Class
B
Year Built
1999
Price
$2,024,084 CAD
Price Per SF
$458.56 CAD
Cap Rate
8.46%
NOI
$171,204 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.27
Lot Size
0.38 AC
Opportunity Zone
Yes
Zoning
B-3 - B-2
Parking
18 Spaces (4.08 Spaces per 1,000 SF Leased)

AMENITIES

  • Signage
Walk Score®
Very Walkable (72)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 15-23-380-040
  • 15-23-380-041
Land Assessment
$35,410 CAD
Improvements Assessment
$333,991 CAD
Total Assessment
$369,402 CAD
  • Listing ID: 38658615

  • Date on Market: 2025-12-04

  • Last Updated:

  • Address: 954 E New York St, Aurora, IL 60505

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