Schaumburg, Illinois, is a hub for retail activity, making it an ideal location for Retail Space For Lease. With its proximity to O'Hare International Airport and the Chicago Loop, Schaumburg offers unparalleled access to major transportation hubs, attracting a diverse range of businesses and customers. The village is home to the renowned Woodfield Mall, one of the largest shopping malls in the United States, and an IKEA store, solidifying its reputation as a retail powerhouse. Additionally, Schaumburg has invested heavily in infrastructure, acquiring the Schaumburg Regional Airport and redeveloping areas like the Town Square shopping center, further enhancing its appeal to businesses and investors. With a population of around 80,000, Schaumburg provides a sizable customer base, making it an attractive location for Retail Space For Lease.
In Schaumburg, Retail Space For Lease is a valuable commodity, with 45 listings available. The average annual rent per square foot is $17 USD, with spaces ranging in size from 565 square feet to 33,893 square feet. In addition to Retail Space, Schaumburg also offers a range of other property types, including Restaurants, which benefit from the village's high foot traffic and tourist attractions like the Woodfield Mall; Medical Offices, which are drawn to the area's established healthcare infrastructure; and Office Space, which thrive in the village's business-friendly environment. With its unique blend of retail, commercial, and hospitality opportunities, Schaumburg is an ideal location for businesses looking to establish a strong presence in the region.
The average cost per square foot for retail space in Schaumburg is $17 USD per square foot, with an average size of 3,751 square feet and a maximum space size of 33,893 square feet available among the 45 listings currently on the market.
In Schaumburg, where major anchor tenants like IKEA and Nordstrom are present, their influence can have a significant impact on surrounding retail space leases, as they often attract a high volume of foot traffic and create a desirable shopping environment, which can increase demand and drive up rental rates for nearby retail spaces, with an average annual rent of $17 USD per square foot and an average size of 3,751 square feet, and a maximum space size of 33,893 square feet, as seen in the 45 available listings of retail space for lease in the area.