1801-1861 W Golf Rd - Storefront FOR SALE


Schaumburg, IL 60194- Far Northwest Suburban Cook
$10,765,000 USD
630-570-2260
1801-1861 W Golf Rd, Schaumburg, IL for Sale
$10,765,000 USD
Storefront - FOR SALE
1/10
null | 7.75% Cap Rate

1801-1861 W Golf Rd
Schaumburg, IL 60194
Far Northwest Suburban Cook


HIGHLIGHTS

  • 100% Occupied Center with Long-Standing Tenants | 15.47-Year Weighted Average Tenant Tenure
  • Most Tenants Have Rental Increases In-Place
  • Strategically Located at a Heavily Traveled Signalized, Hard-Corner Intersection
  • Average Household Income of $127,707 Within a Five-Mile Radius
  • Located in a Premier Chicagoland Suburb

OVERVIEW

This 100% occupied center boasts an impressive 15.47-year weighted average tenant tenure, anchored by long-standing tenants such as CVS (24+ years), Darumar Japanese Restaurant (40+ years), H&R Block (30 years), Lens n Specs Optometry (28+ years), and LA Tan (21+ years). Most tenants have annual rent increases ranging from 2–6%. Strategically located at the signalized, hard-corner intersection of Golf Road and Walnut Lane, the property sees a combined daily traffic count of 35,900 vehicles. It sits adjacent to the Bridges of Poplar Creek Country Club, which draws over 78,000 annual visitors, and the Seascape Family Aquatic Center with more than 34,000 visits per year. The center is also 1 mile from the 318-bed Ascension Saint Alexius Hospital and within a half-mile of two major senior living communities. Additionally, it lies just one mile west of a 1.4-mile auto mall corridor featuring top-tier brands such as Tesla, Mercedes-Benz, Audi, Land Rover, Infiniti, Toyota, and more.

FOR SALE DETAILS

PRICE

$10,765,000 USD

PRICE/SF

$168 USD /SF

CAP RATE

7.75%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Poplar Creek Plaza

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1989

SPRINKLERS

-

PARKING SPACES

265

LAND DETAILS

CROSS STREETS

Walnut Ln

LAND ACRES

6.97 AC

LAND SF

303,613 SF

ZONING

B-2

APN/PARCEL ID

07-17-117-001-0000

ASK ABOUT THIS PROPERTY

Sean SharkoSharko | Weisenbeck | Mendoza GroupMore Info
630-570-2260

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Sean SharkoSharko | Weisenbeck | Mendoza GroupMore Info
630-570-2260

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