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43 McHenry Rd
Buffalo Grove, IL 60089

SHOPS AT THE GROVE · Retail Property For Sale

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Investment Highlights

BRAND NEW CONSTRUCTION | 12.9 YEAR WALT Shops at the Grove is a brand-new two-tenant retail development. The ground up construction and built-to-suit
100% LEASED TWO TENANT PARCEL | NATIONAL TENANTS Shops at the Grove is 100% leased to two leading tenants in their respective industries, Veterinary E
THE CLOVE DEVELOPMENT | ADJACENT TO SITE Construction of The Clove, a brand-new 22-acre mixed-use development, is currently underway caddy corner from

“MAIN AND MAIN” INTERSECTION | LAKE COUNTY Shops at the Grove is located at the high-traffic intersection of Lake Cook and McHenry Roads which sees a
TRAFFIC DRIVING MARKET CO-TENANCY The subject offering is situated in a dense retail corridor that surrounds the intersection of Lake Cook and McHenry
DENSE & AFFLUENT DEMOGRAPHICS The subject offering is situated in the affluent North Chicago suburb of Buffalo Grove, ranked as a “Top 5 Chicago Subur

Executive Summary

Mid-America Real Estate Corporation has been retained on behalf of the owner to sell the 100% fee simple interest in Shops at the Grove, a brand new two-tenant retail building, located in the affluent suburban Chicago community of Buffalo Grove. The center is 100% leased to Veterinary Emergency Group and Wild Fork.

PROPERTY FACTS Under Contract

Sale Type

Investment

Property Type

Retail

Building Size

10,000 SF

Building Class

Year Built

2023

Price

$9,983,328 CAD

Price Per SF

$998 CAD

Cap Rate

6.25%

NOI

$623,958 CAD

Percent Leased

100%

Tenancy

Multiple

Building Height

1 Story

Building FAR

0.23

Lot Size

0.98 AC

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