Terramere Plaza 4204-4244 N Arlington Heights Rd 34,385 SF 87% Leased Retail Building Arlington Heights, IL 60004 For Sale

Horvath & Tremblay is pleased to present the exclusive opportunity to purchase the Terramere Plaza located at 4202-4232 N Arlington Heights Road in Arlington Heights, Illinois (the “Property”). The Plaza contains 41,173 square feet of gross leasable area on 3.87 acres of land. The Property is comprised of twenty-one (21) units and is 86.74% occupied by several e-commerce resistant tenants and a complimentary mix of local businesses offering products and services for the surrounding community. The plaza offers significant upside through the lease up of 5,458 square feet of vacant space spread over three (3) units ranging in size from 1,500 square feet to 2,400 square feet. Terramere Plaza is strategically located at the highly trafficked intersection of N Arlington Heights Road with W Lake Cook Road on the northern border of Cook County with Lake County. The Property features excellent visibility and frontage on both roads, with multiple points of access and extensive parking for patrons. Terramere Plaza is close to area schools and surrounded by densely populated residential neighborhoods that provide a built-in customer base, and offers proximity to an array of national retailers and major employers that drive further traffic to the area. The Property offers convenient access to area highways and is a short drive to Metra Stations on the NCS and UP-NW lines with service to Downtown Chicago. Terramere Plaza is located approximately 30 miles northwest of the Chicago Loop.