Skip to main content

Shopping Neighborhood

Poplar Creek Plaza | CVS Anchored

1801 W Golf Rd, Schaumburg, IL 60194

Listing Price: $10,765,000

Cap Rate
7.75%
Gross SF
64,180
Rentable SF
64,180
Price/Gross SF
$167.73
Lot Size
6.97 acres
Year Built
1989

Investment Overview

This 100% 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 (28+ years), and LA Tan (21+ 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.

Investment Highlights

  • 100% Occupied Center with Long-Standing Tenants | 15.47-Year Weighted Average Tenant Tenure
  • Most Tenants Have Rental Increases In-Place
  • Strategically Located at a Heavily Traveled Signalized, Hard-Corner Intersection
  • Average Household Income of $127,707 Within a Five-Mile Radius
  • Located in a Premier Chicagoland Suburb

Exclusively Listed By

Financing By

Shopping Neighborhood

Poplar Creek Plaza | CVS Anchored

Listing Price: $10,765,000

Cap Rate
7.75%
Gross SF
64,180
Rentable SF
64,180
Price/Gross SF
$167.73
Lot Size
6.97 acres
Year Built
1989

Investment Highlights

  • 100% Occupied Center with Long-Standing Tenants | 15.47-Year Weighted Average Tenant Tenure
  • Most Tenants Have Rental Increases In-Place
  • Strategically Located at a Heavily Traveled Signalized, Hard-Corner Intersection
  • Average Household Income of $127,707 Within a Five-Mile Radius
  • Located in a Premier Chicagoland Suburb

Investment Overview

This 100% 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 (28+ years), and LA Tan (21+ 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.

Exclusively Listed By

Financing By

MM Texture Background
MM Textured Background Lower