2300-2356 W West Higgins Rd - Storefront FOR SALE
Hoffman Estates, IL 60169 |
2300-2356 W West Higgins Rd
Hoffman Estates, IL 60169
HIGHLIGHTS
- Stabilized neighborhood shopping center with a history of strong occupancy | Highly visible pylon signage | Priced well below replacement cost
- Many long-term tenants, all on NNN leases with internet-proof businesses | Weighted Average Lease Term (WALT) of 10.82 years
- Over $7M recently deployed on infrastructure improvements, including a new façade, landscaping, curbing, detention, all new HVAC, LED lights & roof
- Upside available via two currently vacant spaces totaling 5,022 SF, and below-market rents on several existing tenants
- Next to office parks, retailers, Ascension Amita Health Medical Center campus, planned Grand Reserve of Hoffman Estates & Seasons of Hoffman Estates
- Great outlot co-tenancy featuring newly developed McDonald’s, 7-Eleven, Popeyes, and Buona Beef prototypes | 52,905 SF outlot also available
FOR SALE DETAILS
PRICE
-
CAP RATE
-
% LEASED
-
TENANCY
-
BUILDING DETAILS
PROPERTY NAME
Barrington Square Town Center
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Storefront
TOTAL BUILDING SIZE
101769
STORIES
1
YEAR BUILT
1979
SPRINKLERS
-
PARKING SPACES
1300
LAND DETAILS
LAND ACRES
-
LAND SF
-
ZONING
-
APN/PARCEL ID
07-07-205-012-0000
