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Poplar Creek Plaza 1801-1861 W Golf Rd 64,180 SF 100% Leased Retail Building Schaumburg, IL 60194 $10,765,000 ($167.73/SF) 7.84% Cap Rate

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INVESTMENT HIGHLIGHTS

100% Occupied Center with Long-Standing Tenants | 15.47-Year Weighted Average Tenant Tenure
Strategically Located at a Heavily Traveled Signalized, Hard-Corner Intersection
Located in a Premier Chicagoland Suburb

Most Tenants Have Rental Increases In-Place
Average Household Income of $127,707 Within a Five-Mile Radius

EXECUTIVE SUMMARY

This 100 percent occupied center boasts an impressive 15.47-year weighted average tenant tenure, anchored by long-standing tenants such as CVS (24+ years), Darumar Japanese Restaurant (40+ years), H&R Block (30+ years), Lens n Specs Optometry (29+ years), and LA Tan (22+ years). Most tenants have annual rent increases ranging from 2–6%. Strategically located at the signalized, hard-corner intersection of Golf Road and Walnut Lane, the property sees a combined daily traffic count of 35,900 vehicles. It sits adjacent to the Bridges of Poplar Creek Country Club, which draws over 78,000 annual visitors, and the Seascape Family Aquatic Center with more than 34,000 visits per year. The center is also 1 mile from the 318-bed Ascension Saint Alexius Hospital and within a half-mile of two major senior living communities. Additionally, it lies just one mile west of a 1.4-mile auto mall corridor featuring top-tier brands such as Tesla, Mercedes-Benz, Audi, Land Rover, Infiniti, Toyota, and more.

Poplar Creek Plaza Costar Brochure

PROPERTY FACTS

Sale Type

Investment

Property Type

Retail

Property Subtype

Storefront

Building Size

64,180 SF

Building Class

Year Built

1989

Price

$10,765,000

Price Per SF

$167.73

Cap Rate

7.84%

NOI

$843,855

Percent Leased

100%

Tenancy

Multiple

Building Height

1 Story

Building FAR

0.21

Lot Size

6.97 AC

Zoning

B-2

Parking

265 Spaces (4.13 Spaces per 1,000 SF Leased)

Frontage

453’ on W Golf Rd

Banking

Pylon Sign

Restaurant

Signage

SPACE AVAILABILITY

SPACE
SIZE
SPACE USE
POSITION
AVAILABLE

1853
1,300 SF
Retail
In-Line
30 Days

Situated in a "park-like" setting. This appealing property is at the high-traffic location, SEC of Golf Road and Walnut Lane. The property is east of Barrington Road and west of Gannon Drive—a busy CVS Pharmacy-anchored shopping center on Golf Rd. The center offers an eclectic variety of restaurants, convenience retail, grocery, education, and childcare. A robust mix of national and local tenants, including CVS, Wendy's, LA Tan, H&R Block, Daruma Restaurant, Inchin's Bamboo Garden, Rajeshree Grocery, Barber Academy, and many others. Ideal location for service and retail tenants servicing the surrounding community. Perfect fitness center, yoga, financial services, medical office, showroom, physical therapy, dialysis center, or other retail, service, and medical tenants.