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Rolling Meadows Shopping Center 3068 Kirchoff Rd

130,212 SF Retail Building Rolling Meadows, IL 60008 $105,480 CAD ($1 CAD/SF)

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Investment Highlights

Newer & stable Boba Tea business with FULL newer equipments
Excellent location anchored by Jewel-Osco with multiple national tenants

4 Year lease assumption with rent lower than the marketHigh
Traffice - 10,700 vehicles per day

Executive Summary

A newer bubble tea shop business with all equipment included is for sale, located in a prime location - Rolling Meadows Shopping Center anchored by Jewel-Osco and featuring Dollar Tree, Great Clipsand, McDonald's, Great Clips and Anytime Fitness, among other national tenants., drawing in a population that exceeds 102,000 within a three-mile radius. The average household income in the area is over $125,900, showcasing the potential for a strong customer base and promising business growth.
Future owners can take advantage of the remaining four years on the low-rent lease, $1,582.5/month + $864 NNN, for this 1,000 SF newly buildout unit to enhance the competitiveness of their business and increase profitability. Not to mention the 24 different high-quality pieces of newer equipment included in the sale price, which provides exceptional value.

Property Facts

Sale Type

Investment or Owner User

Sale Conditions

Build to Suit

Property Type

Retail

Building Size

130,212 SF

Building Class

Year Built/Renovated

1956/1995

Price

$105,480 CAD

Price Per SF

$1 CAD

Business Value

$105,480 CAD

Tenancy

Single

Building Height

1 Story

Building FAR

0.21

Land Acres

14.57 AC

About 3068 Kirchoff Rd , Rolling Meadows, IL 60008

Rolling Meadows Shopping Center is located in the thriving community of Rolling Meadows, Illinois. The bustling city of Rolling Meadows is located just outside of Chicago, IL, providing an ideal setting for our shopping center, drawing in a population that exceeds 102,000 within a three-mile radius. The average household income in the area is over $125,900, showcasing the potential for a strong customer base and promising business growth. Anchored by Jewel-Osco, Rolling Meadows Shopping Center is home to national, regional and local tenants, including Anytime Fitness, Great Clips, Dollar Tree, and Little Caesars, providing a diverse range of services to the community.

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