1000 Plaza Dr

1000 Plaza Drive Schaumburg, IL 60173

1000 Plaza Drive, Schaumburg, IL, 60173
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FOR LEASE
Property Type:
Padsites
Amount:
Please Call Broker for Price

Last Verified:
Jul 04, 2024

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Highlights

  • - 5.95-acre redevelopment site
  • - Prime location just off Meacham & Golf Rd
  • - Strong retail corridor location
  • - High visibility with 75,000 VPD on a hard corner
  • - Suitable for retail, restaurants, and QSR with Drive Thru
  • - Adjacent to Woodfield Mall
  • - 585 feet of frontage on Meacham
  • - Zoned for B-3 usage

Description

For Ground Lease: 5.59 acres available just off the SE Corner of Meacham and Golf Rd. in Schaumburg, IL. The site is adjacent to Woodfield Mall and experiences close to 75K VPD at Meacham & Golf. It offers excellent visibility and access for any redevelopment plan, including multiple free-standing retail buildings or restaurants. This prime location in a strong retail corridor/entertainment district and surrounded by offices makes it highly desirable for national and regional tenants.

Located in the vibrant city of Schaumburg, IL, the area surrounding the property offers a dynamic blend of business and leisure. With a range of popular dining options including Maggiano's Little Italy and Shaw's Crab House, tenants can enjoy an array of culinary experiences. Nearby Woodfield Mall provides an extensive selection of retail outlets, perfect for after-work shopping. For business visitors, the property is in close proximity to the Renaissance Schaumburg Convention Center Hotel, and offers easy access to major highways for convenient commuting. This prime location ensures that tenants can seamlessly balance work and lifestyle in this thriving commercial hub.

Lot Size: 5.95 acres


Documents

Schaumburg 1000 N Plaza Dr.pdf

Units for Lease

1000 Plaza Dr.
Space Available: 259182 SF
Lease Type:

Map of 1000 Plaza Drive, Schaumburg, IL, 60173

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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.