High Visibility Pad Site For Sale or Ground Lease

2360 W Higgins Road, Hoffman Estates, IL

IN CONTRACT

$1,200,000

Price

4,388 sqft

Building Size

1.2145 acres

Lot Area

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Street
Map
Overview
Building Size
4,388 sqft
Lot Area
1.2145 acres
Occupancy
100%
Units
1
Year Built
2016
Description

SVN Chicago Commercial is pleased to present a highly visible pad-ready development outlot for sale or ground lease in Hoffman Estates, IL - a near suburb of Chicago. 52,905 SF site available for development. The property is an outlot of Barrington Square Town Center, which is an approx. 100,000 SF shopping center, and benefits from great co-tenancy including new prototype McDonald's, 7-11, Popeye's & Buona Beef, stores, Poplar Creek Bowl, Advance Pre School, America's Bar, Gigi's Playhouse and Garibaldi's Restaurant. A brand new 7-Eleven C-store + gas station is also commencing construction. It is also in immediate proximity to several large office parks and is directly across the street from the Amita Health St. Alexius Medical Center campus which has over 300 beds and approx 2700 employees. Zoned B2-Commercial which allows for many possible uses. This is the last outlot available at Barrington Square Town Center.

Located 25 miles northwest of Downtown Chicago and 12 miles from O'Hare International Airport, Hoffman Estates is part of the Chicago Metropolitan Statistical Area (MSA) and is accessible to the entire Chicagoland region. With the recent widening of I-90, travelers can now get to O'Hare within 20 minutes or could utilize the Pace Park and Ride at Barrington Road to take the rapid transit bus into the CTA Blue Line station in Rosemont. One of the most significant projects to be completed in 2017 was the construction of the Park-n-Ride pedestrian bridge over I-90, with Pace bus service beginning in 2018. Hoffman Estates enjoys access to major regional roadways, including the Jane Addams Tollway (I-90), as well as state routes 58 (Golf Road), 59 (Sutton Road), 62 (Algonquin Road), 68 (Roselle Road), and 72 (Higgins Road).

Hoffman Estates has over 26,000 people employed by the more than 800 businesses operating in the villages, drawing from the pool of over 3 million workers who reside within a 60-minute commute. Hoffman Estates is a full-service municipal community, providing police, fire, public works, and social services. The village's ability to provide such services is supported by sound financial planning, as evidenced by the community's bond ratings of Aa (Moodys) and AA+ (S&P).

Highlights
  • Pad ready site available for sale or ground lease
  • 52,905 SF of land ready for development
  • Outlot to 100,000 SF Barrington Square Town Center
  • Adjacent to new prototype McDonald's, 7-Eleven, Popeyes and Buona Beef developments
  • Frontage on Higgins Rd with over 30,000 daily vehicle count
  • Across from 318 bed/2700 employee Amita Health St. Alexius Medical Center campus
  • Zoned B2- Commercial - many possible uses
  • Lot 5 is available for $1,200,000 for sale or $2.50/sf NNN for lease
Documents
Location
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