Fox River Corporate Center
150 South Lincolnway, North Aurora, Illinois 60542
General Information:
Fox River Corporate Center consists of a single story, multi-tenant office building which houses the west suburban campus of Olympia College (a subsidiary of Corinthian College), one of the largest publicly traded national providers of for-profit post-secondary education. The property has 52,307 square feet of first floor space which has been extensively refurbished over the last five years. Of this first floor space, Corinthian College Inc., a growing tenant, currently occupies 38,538 square feet and has eight years remaining on a ten year lease (with an out-clause option April of 2013). The River Valley Work Force Investment Board has a five year lease that commenced June 1, 2006 for 3,075 square feet of first floor space. The investment Pro Forma projects to sell this property in 2011, three years prior to the end of the Corinthian College lease.
The building has recently been extensively renovated and modernized. The interior was returned to new "vanilla box" condition and is ready for immediate tenant improvements. The HVAC and fire/life safety systems have been completely overhauled. The exterior of the property and the primary entrances have been updated to code and beautified.
New entrances, ADA ramps, and new main lobby
New HVAC system:
125 ton Trane rotary liquid, air cooled chiller
50 ton Trane Intellipak Roof top packaged unit
50 ton York roof top condensing unit
Yaskawa VHD's on all AHU's
Two (2) one million BTU high efficiency Aerco hot water boilers
Full replacement of all VAV boxes
The building is now equipped with a brand new state-of-the-art Johnson Controls Facilitator building automation system
New sprinkler system
New landscaping and brickwork
New window line on south exterior wall
New Fire & Life safety system
New ADA bathrooms on first floor
Renovated elevators
New ceiling grid, ceiling tiles, and overhead lighting
New property signage
New exterior lighting
Sealed and striped parking lot
Basement Features:
Ceiling grid
Sprinklers
HVAC
Plumbed in bathrooms
Construction
Masonry Construction
Single Story Office Building
Features
Newly refurbished interior including lobbies, restrooms, and hallways
Excellent parking ratio (8.5:1,000 SF)
Brand new state-of-the-art HVAC with Integrated Building Automation System
High visibility property; great signage
Building dock area with two full height bays and overhead doors
Site Description -
Parcel Size:
6.21 Acres
Type of Ownership:
Fee Simple
Building Area:
53,608 square feet
Parking:
Approx. 446 spaces
Parking Ratio:
Approx. 8.57:1000 sq. ft.
Landscaping:
Grass, trees, and shrubbery
Topography:
Slight incline from east to west of property
Street Frontage:
South Lincolnway (IL. Rt. 31)
Highway Access:
Interstate 88 is one block away
Land for Additional Developement:
Building may be expanded
Public Transportation:
Regional bus service at front door of property
Construction -
Year Renovated:
2000/2005
Construction Type:
Masonry
Number of Floors:
1 with a Lower Level
Floor Plate Size:
52,307
Exterior Walls:
Masonry
Roof:
Steel decking with insulation on steel joist, built-up composition
Foundation:
Concrete
Parking Surface:
Asphalt
Exterior Docks:
Two full height bays with (2) 8' x 8' overhead doors, and canopy
Mechanical Systems -
Elevator:
Two 2500 lb. full service elevators
Fire Protection:
New sprinkler system
HVAC:
All new automated system (see Recent Capital Improvements Summary)
Utilities:
All public utilities available
Power:
Building capacity is 4000 amps of 120/208 electrical service
Interior Detail -
Walls:
Painted and papered
Ceilings:
Acoustical grid
Floor Coverings:
Tiled and carpeted
Rest Rooms:
3 men's and 3 women's ADA
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