2306-2332 Hassell Rd 20,400 SF 91% Leased Retail Building Hoffman Estates, IL 60169 For Sale
INVESTMENT HIGHLIGHTS
- New Parking Lot & Landscapping
- New Roof
- Long Term Tenants
EXECUTIVE SUMMARY
Beautiful 20,400 SF retail multi-tenant shopping center
11 total units
Anchor tenants include 7/11, Leisure Time Laundromat, and Neighborhood Inn Bar & Grill
111 parking spaces available
Parking lot repaired, sealed and striped
Roof seal coated and mansards refurbished
Newer electrical lighting across the entire property
Multiple apartments, townhomes and hotels in the area
Located near the I-90 entrance
11 total units
Anchor tenants include 7/11, Leisure Time Laundromat, and Neighborhood Inn Bar & Grill
111 parking spaces available
Parking lot repaired, sealed and striped
Roof seal coated and mansards refurbished
Newer electrical lighting across the entire property
Multiple apartments, townhomes and hotels in the area
Located near the I-90 entrance
DATA ROOM Click Here to Access
- Offering Memorandum
FINANCIAL SUMMARY (PRO FORMA - 2023) Click Here to Access |
ANNUAL (CAD) | ANNUAL PER SF (CAD) |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
$99,999
|
$9.99
|
| Vacancy Loss |
$99,999
|
$9.99
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
20,400 SF
Building Class
C
Year Built/Renovated
1981/1997
NOI
$328,135 CAD
Percent Leased
91%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.17
Lot Size
2.72 AC
Zoning
B-2
Parking
111 Spaces (5.44 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Pylon Sign
MAJOR TENANTS Click Here to Access
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE END
- 7-Eleven
- -
-
99,999 SF
- -
-
Jan 0000
- Cantaritto's Taqueria & Bar
- Retailer
-
99,999 SF
- -
-
Jan 0000
- Hoffman Estates Laundromat Ilc
- Services
-
99,999 SF
- -
-
Jan 0000
- Neighborhood Inn Bar & Grill
- Accommodation and Food Services
-
99,999 SF
- -
-
Jan 0000
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE END | ||
| 7-Eleven | - | 99,999 SF | - | Jan 0000 | ||
| Cantaritto's Taqueria & Bar | Retailer | 99,999 SF | - | Jan 0000 | ||
| Hoffman Estates Laundromat Ilc | Services | 99,999 SF | - | Jan 0000 | ||
| Neighborhood Inn Bar & Grill | Accommodation and Food Services | 99,999 SF | - | Jan 0000 |
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 07-06-200-015-0000 | Total Assessment | $649,949 CAD (2024) |
| Land Assessment | $499,860 CAD (2024) | Annual Taxes | -$1 CAD ($0.00 CAD/SF) |
| Improvements Assessment | $150,090 CAD (2024) | Tax Year | 2023 |
