Shopping Strip
JC Licht Benjamin Moore Paint & Decor Anchored Center
121 S Northwest Hwy, Barrington, IL 60010
Listing Price: $2,158,100
Investment Overview
Marcus & Millichap is pleased to present a four-tenant, service-oriented stip center complemented by a free-standing JC Licht Benjamin Moore Paint and Decor Store in Barrington, IL. The property benefits from excellent visibility, featuring two points of ingress and egress, each offering full access to South Northwest Highway. It is strategically situated less than 500 feet from the intersection of Lake Cook Road and South Northwest Highway, which boasts a substantial daily traffic volume of over 36,000
vehicles per day.
In addition to its prime location, the property presents a notable opportunity for growth. There is potential to develop up to 5,000 square feet of additional space between the existing buildings. This vacant area could be leveraged to expand the center's offerings or attract new tenants, further enhancing the property's value and income potential.
Barrington has robust demographics, with a population of 96,000 within a 5-mile radius and an impressive average household income of $200,000 within a 1-mile radius. There are numerous retailers in the immediate area, including Starbucks, CVS, Dunkin' Donuts, Verizon Wireless, Jimmy Johns, and others.
JC Licht Benjamin Moore Paint & Decor Anchored Center
Investment Highlights
- 100% Occupied JC Licht Benjamin Moore Anchored Shopping Center
- All Tenants are Service Orientated Tenants and Reimburse a Portion of their Expenses
- Potential Value-Add Opportunity to Develop up to 5,000 SF In Between the Two Properties with approval from Barringtons building department
- Over 96,000 People Live within a 5-Mile Radius | Average Household Incomes of Over $200,000 in a 1-Mile Radius | Traffic Counts Approximately 20,500 VPD
- Excellent Location Near Barrington's Train Station
Exclusively Listed By
Financing By
Shopping Strip
JC Licht Benjamin Moore Paint & Decor Anchored Center
Listing Price: $2,158,100
Investment Highlights
- 100% Occupied JC Licht Benjamin Moore Anchored Shopping Center
- All Tenants are Service Orientated Tenants and Reimburse a Portion of their Expenses
- Potential Value-Add Opportunity to Develop up to 5,000 SF In Between the Two Properties with approval from Barringtons building department
- Over 96,000 People Live within a 5-Mile Radius | Average Household Incomes of Over $200,000 in a 1-Mile Radius | Traffic Counts Approximately 20,500 VPD
- Excellent Location Near Barrington's Train Station
Investment Overview
Marcus & Millichap is pleased to present a four-tenant, service-oriented stip center complemented by a free-standing JC Licht Benjamin Moore Paint and Decor Store in Barrington, IL. The property benefits from excellent visibility, featuring two points of ingress and egress, each offering full access to South Northwest Highway. It is strategically situated less than 500 feet from the intersection of Lake Cook Road and South Northwest Highway, which boasts a substantial daily traffic volume of over 36,000 vehicles per day. In addition to its prime location, the property presents a notable opportunity for growth. There is potential to develop up to 5,000 square feet of additional space between the existing buildings. This vacant area could be leveraged to expand the center's offerings or attract new tenants, further enhancing the property's value and income potential. Barrington has robust demographics, with a population of 96,000 within a 5-mile radius and an impressive average household income of $200,000 within a 1-mile radius. There are numerous retailers in the immediate area, including Starbucks, CVS, Dunkin' Donuts, Verizon Wireless, Jimmy Johns, and others.
Exclusively Listed By
Financing By
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