301-361 S Barrington Rd - Department Store FOR SALE
Schaumburg, IL 60193 |
301-361 S Barrington Rd
Schaumburg, IL 60193
HIGHLIGHTS
- 95% Leased | Stable Income Stream with Grocer | 6 Year WALT | Recent Leasing Momentum | 3 New Leases
- High Tenant Retention | 50% of GLA Operating for 10+ Years
- Limited Future Capital Expense | Outparcel Constructed in 2014 | 95% of Roofs Under Warranty Through 2032
- Desirable Suburban Chicago Demographics | 127K Population with Avg. 3-Mile Household Income of $111K
- Dense Retail Corridor | Prime Location on Barrington Rd. (40K VPD)
FOR SALE DETAILS
PRICE
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CAP RATE
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% LEASED
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TENANCY
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BUILDING DETAILS
PROPERTY NAME
Schaumburg Plaza
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Department Store
TOTAL BUILDING SIZE
61282
STORIES
1
YEAR BUILT
1994
SPRINKLERS
-
PARKING SPACES
332
LAND DETAILS
LAND ACRES
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LAND SF
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ZONING
-
APN/PARCEL ID
07-19-300-029-0000
