1649-1701 Buffalo Grove Rd - Storefront FOR SALE
Buffalo Grove, IL 60089 |
$5,070,000 USD
312-269-0220
1649-1701 Buffalo Grove Rd
Buffalo Grove, IL 60089
HIGHLIGHTS
- Stabilized Investment Opportunity; 100% leased shopping center anchored by a Starbucks drive-thru, which has been operating at this location since 200
- Diverse Tenant Mix; Property features a complimentary mix of national and regional tenants, most of which are resistant to competition from e-commerce
- Exceptional Demographics; Asset is located within an affluent area with over 70,150 residents and an average household income of $174,800 within a 3-m
- Strong Historical Occupancy; 40% of the total GLA has been operating at this location for more than 6.5 years showing the tenants commitment to the si
- Easily Accessible Site; Two points of Ingress/Egress from Buffalo Grove & Aptakisic Road providing excellent visibility along heavily trafficked Buffa
- High Daytime Population; Nearby industrial and office buildings contribute to a daytime influx of population with over 81,000 employees within 3-miles
FOR SALE DETAILS
PRICE
$5,070,000 USD
PRICE/SF
$399 USD /SF
CAP RATE
7%
% LEASED
-
TENANCY
Multiple
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Shops at Aptkasic Creek
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Storefront
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2000
SPRINKLERS
-
PARKING SPACES
58
LAND DETAILS
LAND ACRES
0.84 AC
LAND SF
36,590 SF
ZONING
-
APN/PARCEL ID
15-28-101-077,15-28-101-078,15-28-101-079,15-28-101-080
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312-269-0220
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312-269-0220
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