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15-89 W Golf Rd
Arlington Heights, IL 60005
Arlington Towne Square · Retail Property For Sale
Investment Highlights
- At the existing 92% occupancy rate, the center produces a Net Operating Income (NOI) of approximately $740,000
- O'Reilly Auto Parts has lease term through May 2027 while DaVita Dialysis, Pet Supplies Plus, & Hartland all have lease term through at least Jan 2031
- 16 of the 19 tenants at the center are on triple net leases
- Excellent location at the corner of the signalized intersection at Golf Road and Arlington Heights (58,000+ VPD)
Property Facts
Property Type
Retail
Property Subtype
Storefront
Building Size
90,065 SF
Building Class
B
Year Built/Renovated
1987/1997
Tenancy
Multiple
Building Height
1 Story
Loading Docks
1 Exterior
Building FAR
0.33
Lot Size
6.29 AC
Zoning
DX-5
Parking
270 Spaces (3.08 Spaces per 1,000 SF Leased)
Frontage
193’ on Arlington Heights Rd
Amenities
- Banking
- Dedicated Turn Lane
- Restaurant
- Signage
- Signalized Intersection
- Air Conditioning
Property Taxes
| Parcel Number | 08-16-200-113-0000 | Improvements Assessment | $1,023,094 |
| Land Assessment | $1,198,825 | Total Assessment | $2,221,919 |
Property Taxes
Parcel Number
08-16-200-113-0000
Land Assessment
$1,198,825
Improvements Assessment
$1,023,094
Total Assessment
$2,221,919
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