125 Barrington Commons Ct - Retail FOR SALE


Barrington, IL 60010
$3,650,000 USD
847-212-4589
125 Barrington Commons Ct, Barrington, IL for Sale
$3,650,000 USD
Retail - FOR SALE
1/3
null | 7.46% Cap Rate

125 Barrington Commons Ct
Barrington, IL 60010


HIGHLIGHTS

  • List price $3,650,000, Cap rate of 7.46, Per Square Foot of $127.21 - 89% Occupied
  • Barrington, Illinois: Median household income of $148,000 and median home values exceeding $580,000
  • Diversified Tenant Roster – Childcare, restaurant, salon, fitness, dental, wellness, insurance, legal, and professional office users
  • Value-Add Lease-Up Opportunity – Approximately 3,160 square feet of office vacancy provides immediate Net Operating Income growth potential.
  • Needs-Based Service Tenancy – Tenant mix is driven by daily services and recurring consumer demand rather than discretionary retail spending.
  • ong-Term United States Postal Service Tenancy - significant foot traffic driver

OVERVIEW

Barrington Commons Plaza is a 28,693-square-foot mixed-use retail and office property located in the affluent northwest suburban Chicago community of Barrington, Illinois. The property, built in 1980, features a diversified tenant mix of neighborhood retail, service, wellness, medical, and professional office users, with the retail component currently fully occupied. The asset is approximately 89 percent occupied overall, with remaining vacancy concentrated in the office component, providing investors with near-term lease-up upside. The property, listed for $3,650,000, generates approximately $272,135 in Net Operating Income equating to a 7.46 percent cap rate and $127 per square foot. Barrington’s affluent demographics further support the investment. The community has an estimated population of approximately 11,077 residents, median household income of approximately $147,989, median owner-occupied housing value of approximately $582,500, and 68 percent of adults holding a bachelor’s degree or higher. These fundamentals, combined with the property’s stable retail tenancy and office lease-up upside, position Barrington Commons as a compelling suburban mixed use investment opportunity

FOR SALE DETAILS

PRICE

$3,650,000 USD

PRICE/SF

$127 USD /SF

CAP RATE

7.46%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Barrington Commons Plaza

PROPERTY TYPE

Retail

ADD'L SUBTYPES

Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1980

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.39 AC

LAND SF

16,860 SF

ZONING

-

APN/PARCEL ID

13-36-318-014

ASK ABOUT THIS PROPERTY

David TarnoffMarcus & MillichapMore Info
847-212-4589

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David TarnoffMarcus & MillichapMore Info
847-212-4589

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