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2300-2356 W West Higgins Rd
Hoffman Estates, IL 60169 Far Northwest Suburban Cook

$9,375,000 USD

Storefront For Sale  •  101,769 SF

Property Details

  • Property Type Storefront
  • Total Building Size 101,769 SF
  • Lot Size 11.01 AC
  • Building Class A
  • Year Built 1979
  • Tenancy Multiple
  • Zoning B2
0 Transit Score
36 Walk Score

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

Amenities

  • Courtyard
  • Dedicated Turn Lane
  • Food Court
  • Property Manager on Site
  • Pylon Sign
  • Restaurant
  • Signage
  • Tenant Controlled HVAC
  • Kiosk/Cart Space
  • Enclosed Mall

Public Transportation

Commuter RailDriveWalkDistance
Hanover Park Station (Milwaukee District West Line - Northeast Illinois Regional Commuter Railroad (Metra)) 13 min - 5.9 mi
Schaumburg Station (Milwaukee District West Line - Northeast Illinois Regional Commuter Railroad (Metra)) 15 min - 6.6 mi
AirportDriveWalkDistance
Chicago O'Hare International 25 min - 18.8 mi
Chicago Midway International 49 min - 35.1 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 1300
Type: Surface
Included in Rent: Yes
Wayne Caplan 312-529-5791 SVN
Wayne Caplan 312-529-5791 SVN