1023-1127 S Roselle Rd - Freestanding FOR SALE


Schaumburg, IL 60193- Far Northwest Suburban Cook
$9,770,000 USD
440-915-7902
1023-1127 S Roselle Rd, Schaumburg, IL for Sale
$9,770,000 USD
Freestanding - FOR SALE
1/23
null | 7.7% Cap Rate

1023-1127 S Roselle Rd
Schaumburg, IL 60193
Far Northwest Suburban Cook


HIGHLIGHTS

  • NNN, 98% Occupied, Jewel-Osco Shadow Anchored Center with Desirable Service-Oriented, Internet Resistant and Medical Services Users
  • Shadow Anchor, Jewel-Osco Recently (2023) had a "Re-Grand Opening" following Extensive Remodeling to Modernize the Interior
  • Less Than 10 Miles to Woodfield Mall Featuring 300+ Stores (Including Apple, Macy's, Nordstrom), One of the Largest Shopping Destinations in the U.S.
  • Several Tenants (48% of GLA) Have Been Operating in the Center for Over 15+ Years, Consistently Exercising Renewals, Proving Commitment and Success
  • Anchors, The Dental Store (11.58% of GLA) and Play it Again Sports (9.69% of the GLA), Have Been at their Locations Since 1996 & 1993 Respectively
  • Strong Demographics in Suburban Market: Over 260,000 Residents and Average Household Incomes Over $134,000 Within a 5 Mile Radius

OVERVIEW

- Premier Business Destination: Recognized as the Largest Center of Economic Development in Illinois Outside Chicago, Boasting 12 Million S/F of Office Space and 13.5 Million S/F of Industrial Space - Direct Access to a Dense Population Base: Located Within the Chicago MSA (9.5+ Million People) and 28 Miles NW of the City's Central Loop, One of the Largest and Most Economically Powerful Regions in the United States - Strong Employment Base Led by Woodfield Mall (4,000+ Employees), Zurich North America (2,500+ Employees), Motorola Solutions (1,600+ Employees), OptumRx (1,300+ Employees), and Paylocity (1,000+ Employees) - Strong Educational Base: Direct Vicinity of Highly Rated District 54 Elementary Schools and Township High School District 211, Including Schaumburg High School and Hoffman Estates High School, Both Serving Thousands of Students, as well as Nearby Harper College (20,000+ Students) and Within a 30–40 Minute Drive of Major Universities Including DePaul University and Roosevelt University

FOR SALE DETAILS

PRICE

$9,770,000 USD

PRICE/SF

$182 USD /SF

CAP RATE

7.7%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

NNN, Grocery Shadow Ctr | Strong Demo's

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Day Care Center, Restaurant, Supermarket

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1980

SPRINKLERS

-

PARKING SPACES

347

LAND DETAILS

CROSS STREETS

Wise Rd

LAND ACRES

6 AC

LAND SF

261,360 SF

ZONING

Commercial

APN/PARCEL ID

07-27-400-028-0000

ASK ABOUT THIS PROPERTY

Dan CooperCooper Commercial Investment GroupMore Info
440-915-7902

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Dan CooperCooper Commercial Investment GroupMore Info
440-915-7902

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.