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- LoopNet Team
1032 W Golf Rd
Hoffman Estates, IL 60169
Strawberry Hill Plaza ( 100 % Leased ) · Retail Property For Sale
Investment Highlights
- Located on Busy Golf Road. Hoffman Estates IL. Traffic appx. 45,979 Vehicles per day
- 100% occupied E-Commerce resistant long term established tenants with Grocery/ Medical Specialized Pharmacy anchored
- Located in the business corridor surrounded by dense population and Mercedez-Benz, White Castle, Patel brothers, Acura, Toyata,
- Cap Rate 8.4 % on List price with NNN leases
- Over $ 800,000 Tenant improvements by specialized SmartMed Rx Medicine infusion lab and Pharmacy ( Aristacare Pharmacy ) and Home life Health care.
- Tesla,Lexus,and other Auto dealers in the Vicinity . Golf road is the business retail hub for NW Chicago also nearby is famous Wood Field Mall.
PROPERTY FACTS
- Freestanding
- General Retail Storefront Retail/Office
Amenities
- Pylon Sign
- Restaurant
- Signage
- Tenant Controlled HVAC
About 1032 W Golf Rd , Hoffman Estates, IL 60169
Located on very busy Golf Road in Hoffman Estates Illinois in Chicago-Sub Market with excellent demographics ideally located in business district adjoining Mercedes Benz,Jaguar-Range Rover,Audi, Toyota and Acura Dealerships and Asian grocery chain of " Patel Brothers" and Uni -Mart, feet away from signalized intersection. Its located approx 14 miles from Chicago O'hare International Airport and approx 30 Miles from Down Town of Chicago. The Strawberry Hill Plaza is a neighborhood shopping center serving the densely populated towns of Hoffman Estates, Schaumburg, South Barrington, Inverness, Palatine, Elk grove village, Arlington heights, Rolling Meadows all the way to Streamwood, Bartlett, Hanover park and others. The 20,725 approx sqft., shopping center with several gems you may not know about. The Plaza was built in 1985, and has unique tenants like Sukhadia Sweets and Grill who have been there for 12 years, with branches in New jersey, Chicago, North Carolina and India. Sukhadia was established in 1890 manufacturing fresh Asian Indian Sweets, snacks and catering, popular on Amazon and for Mail order and with restaurants. Aristacare Smart Med Pharmacy provides special home infusion therapy are licensed health care providers in 10 states and is in the business of mail order,specialty pharmacy and home infusion therapy. They have been a health care provider in business since 2009. Uni Mart and OBD Carry Out are the ethnic grocery store tenant since 1999 serving the ethnic Filipinos, they also cater food and have carry out, as well as a Filipino bakery. They have branch in Chicago. They run a very successful business and are perfect fit for the densely populated communities around. House of Pho, is a busy Vietnamese restaurant tenant since 2011. The tenants are an excellent mix and meet the needs of the community.
PROPERTY TAXES
Parcel Number | 07-09-300-022-0000 | Improvements Assessment | £288,350 |
Land Assessment | £200,897 | Total Assessment | £489,247 |
PROPERTY TAXES
Listing ID: 18408292
Date on Market: 04/02/2020
Last Updated:
Address: 1032 W Golf Rd, Hoffman Estates, IL 60169
The Retail Property at 1032 W Golf Rd, Hoffman Estates, IL 60169 is no longer being advertised on LoopNet.co.uk. Contact the broker for information on availability.
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