New Redevelopment in High Retail Area

80 W Higgins Road Hoffman Estates, IL 60169

80 W Higgins Road, Hoffman Estates, IL, 60169
80 W Higgins Road, Hoffman Estates, IL, 60169
FOR LEASE
Property Type:
Strip Center
Last Verified:
Feb 22, 2019


Description

Ownership will entertain all types of delivery requirements.
Estimated pass thrus: $ 6.75 psf

Located conveniently along Higgins & Roselle with access to I-90, 355,290
expressways. Shadow to Walgreens.

Surrounded by three major roads with total traffic counts of 115,000 cars per day.
Hoffman Estates and neighboring Schaumburg contain over 25 million sf of office
space and is headquarters of Motorola, Zurich, Sears Holding and AMCOL
International.

Retail Pad site can be incorporated, for BTS , Ground lease or for sale.


Year Built: 2019
Building Size: 6120.0sq ft
Lot Size: 2.68 acres

Units for Lease

Smallest Unit
Space Available: 1200 SF
Lease Type: NNN

Price Per Sqft/Year: $35.0

Map of 80 W Higgins Road, Hoffman Estates, IL, 60169

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.