1460 Golf Rd, Rolling Meadows, IL 60008
Marcus & Millichap is pleased to present the Walmart property located at 1460 Golf Road in Rolling Meadows, Illinois. The property was constructed in 2000, renovated in 2016, and contains 130,215 square feet of rentable building space which is fully occupied by Wal-Mart Stores, Inc. (S&P: AA). The tenant recently exercised a five-year lease extension. The Absolute-Net lease features zero landlord responsibilities and is corporately guaranteed. Walmart has four, five-year options to renew with rental increases in each option. The adjacent Former Sams Club may also be acquired separately or as a portfolio. Walmart is the largest company in the world with over $515 billion in annual revenue and 2.2 million employees. Walmart has occupied this site for nearly 20 years and recently underwent $3 million in renovations including exterior brick facade, pharmacy, interior painting, and new flooring. The historical occupancy and recent capital infusion, show Walmarts long term commitment to this location and market. The asset is strategically located in the largest suburban trade area of Illinois. This super regional trade area contains 22.4+ million square feet of retail within five miles of the asset.
License(s): IL: 471.011175
Illinois
Marcus & Millichap is pleased to present the Walmart property located at 1460 Golf Road in Rolling Meadows, Illinois. The property was constructed in 2000, renovated in 2016, and contains 130,215 square feet of rentable building space which is fully occupied by Wal-Mart Stores, Inc. (S&P: AA). The tenant recently exercised a five-year lease extension. The Absolute-Net lease features zero landlord responsibilities and is corporately guaranteed. Walmart has four, five-year options to renew with rental increases in each option. The adjacent Former Sams Club may also be acquired separately or as a portfolio. Walmart is the largest company in the world with over $515 billion in annual revenue and 2.2 million employees. Walmart has occupied this site for nearly 20 years and recently underwent $3 million in renovations including exterior brick facade, pharmacy, interior painting, and new flooring. The historical occupancy and recent capital infusion, show Walmarts long term commitment to this location and market. The asset is strategically located in the largest suburban trade area of Illinois. This super regional trade area contains 22.4+ million square feet of retail within five miles of the asset.
License(s): IL: 471.011175
Illinois