
603 W GOLF RD DES PLAINES IL 60016-2462
About This Property for Sale
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Investment highlights
• 15,042 SF, 11-Tenant Retail Strip in High- Traffic + Infill Suburban Chicago
• Dramatic Mark-to-Market Rent Upside: $15.78/SF NNN Avg. Rent / 5 of 11 Tenants are $6 - $14/SF Below-Market ($65K+ of NOI Upside)
• 30,280 VPD on W. Golf / Adjacent to 57,590 VPD Signalized Intersection
• Infill/Affluent Demo’s: 20K People in 1-Mi, 130K in 3-Mi / $116K - $121K AHHI’s in 1/3/5-Mi Radii
• Small, High-Demand Bay Sizes: Average of 1,367 SF; 100% are <2,500 SF
• Excellent Fundamentals: Shallow 61’ - 70’ Bay Depths / 3 Curb-Cuts / Double- Stacked Parking / Monument Signage
• 7 of 11 Tenants with 20+ Years of Tenancy; 4 of 11 with 25+ Years of Tenancy
• Daily-Needs Tenant Base: Dentist, Pizza, Nails, Hair, Accounting/ Insurance, Grocery, Bakery, Chiropractor, Florist
• 10 of 11 Leases feature Annual or CPI Rent Increases; Embedded NOI + Value Growth
• High-Performing Trade-Area (Placer.ai) with Several Top-Performing Neighbors: McDonalds, Firestone, Mariano’s, Binny’s Beverage Depot, Ace Hardware, Dollar Tree, Walgreens, Bank of America, Chase, Kohl’s, O’Reilly Auto
• Surrounded by Dense Residential Base: 1,000+ Units Amidst Several Neighboring Apartment Communities
• 3 Miles to Elk Grove Business Park (62M+ SF / Largest Industrial Park in the US)
• Anchored by Top-Performing Domino’s Location: Top 24% Nationally; #1 in Trade- Area
• 3 Miles from O’Hare International Airport (3rd Busiest Airport in US / Major Employment & Travel Hub)
• Suburban Chicago Location: 9.2M+ Person MSA / 3rd Largest GDP MSA in US
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