POPLAR CREEK PLAZA | NEW 5 YEAR EXTENSION CVS

POPLAR CREEK PLAZA | NEW 5 YEAR EXTENSION CVS

$10,850,000 | 8.00%

Schaumburg, Illinois

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Features

  • 100% occupied center with long-standing tenants | 15.48-Year weighted average tenant tenure
  • 17 out of 19 tenants have rental increases in-place ranging from 2-35%
  • Three new leases 5-10 year leases
  • Strategically located at a heavily traveled signalized, hard-corner intersection (38,900 VPD)
  • 2.3 miles from the on/off ramp of Interstate-90 which sees 162,200 vehicles per day
  • Across the street from Bridges of Poplar Creek Country Club which attracts 80.6K annual visitors1
  • 98,577 people live and 80,459 people work within a three-mile radius of the subject property
  • Average household income of $128,124 within a five-mile radius of the subject property

Contact

ADRIAN MENDOZA
Senior Managing Director
Tel: (630) 570-2163
adrian.mendoza@marcusmillichap.com

* Broker of Record: Steven Weinstock

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