229-365 S Roselle Rd
Schaumburg, IL 60193
Property For Lease

Suburban Plaza is ideally located along South Roselle Road, the area' s main North/South corridor. The property features exposure to over 36,000 VPD. Additionally, the shopping center was built on a 2.27 acre corner lot site, providing additional value and flexibility for future uses. Schaumburg has grown to become the retail hub of the northwest suburbs. Only the City of Chicago surpasses Schaumburg in retail sales in the State of Illinois, and in 2011 exceeded $3 billion. Since its incorporation in 1956, Schaumburg has grown from having fewer than 1,000 residents to currently having a population of more than 74,000 people. Additionally, Schaumburg has a median household income of over $67,000 and a population density of 3,862/square mile, according to the 2010 US Census. It is estimated that Schaumburg' s population will increase to 83,000 residents by 2020, showing the strength of the village into the foreseeable future. Schaumburg offers an endless supply of national and local retailers, including both freestanding restaurant and big box spaces along with shopping malls and strip centers and is the main retail hub in the state, outside of downtown Chicago, with more than 10 million square feet of retail space. The retail trade area is anchored by Woodfield Mall, a 2.2 million square foot Simon owned and operated regional mall, approximately 2.5 miles directly east of the site. Woodfield Mall, with more than 300 stores and anchored by Sears, JCPenney, Macy' s, Lord & Taylor, and Nordstrom, is the largest mall in Illinois and the 10th largest mall in the United States, attracting more than 27 million shoppers annually. Additionally, national brands within the immediate area include, but are not limited to: Chick-fil-A, Bed Bath & Beyond, Starbucks, Best Buy, Target, Costco, IKEA, Whole Foods, Hobby Lobby, Jewel Osco, Walgreens, Nordstrom Rack and Dick' s Sporting Goods.