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1649-1701 Buffalo Grove Rd
Buffalo Grove, IL 60089

$5,070,000 USD

Storefront For Sale  •  12,721 SF

Property Details

  • Property Type Storefront
  • Total Building Size 12,721 SF
  • Lot Size 0.84 AC
  • Building Class B
  • Year Built 2000
  • Tenancy Multiple
0 Transit Score
40 Walk Score

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

Public Transportation

Commuter RailDriveWalkDistance
Prairie View Station (North Central Service - Northeast Illinois Regional Commuter Railroad (Metra)) 4 min - 2.1 mi
Buffalo Grove Station (North Central Service - Northeast Illinois Regional Commuter Railroad (Metra)) 5 min - 2.5 mi
AirportDriveWalkDistance
Chicago O'Hare International 30 min - 19.4 mi
Chicago Midway International 57 min - 32.8 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 58
Type: Surface
Included in Rent: Yes
Chad Firsel 312-269-0220 Quantum Real Estate Advisors, Inc
Chad Firsel 312-269-0220 Quantum Real Estate Advisors, Inc