5190 Hoffman Blvd - Freestanding FOR SALE
Hoffman Estates, IL 60192 |
$4,613,823 USD
214-692-2289
5190 Hoffman Blvd
Hoffman Estates, IL 60192
HIGHLIGHTS
- 2016 build-to-suit for Duluth Trading Company with ±5.5 years remaining on base term
- Absolute NNN lease with landlord responsible for roof and structure only
- Corporate guaranty from Duluth Holdings, Inc. (NASDAQ: DLTH)
- 8% rent increases every 5 years; next increase November 2026
- Affluent area with $152,900+ average household income within 5 miles
- Adjacent to NOW Arena and 30 miles west of downtown Chicago
FOR SALE DETAILS
PRICE
$4,613,823 USD
PRICE/SF
$318 USD /SF
CAP RATE
8.5%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Duluth Trading Company
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Freestanding
TOTAL BUILDING SIZE
-
STORIES
2
YEAR BUILT
2016
SPRINKLERS
-
PARKING SPACES
120
LAND DETAILS
LAND ACRES
2.6 AC
LAND SF
113,300 SF
ZONING
-
APN/PARCEL ID
01-32-400-029-0000
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214-692-2289
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214-692-2289
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