FOR SALE OR LEASE LAND

Transcription

1 SALE OVERVIEW SALE PRICE: $99,000 LAND LEASE PRICE: $75,000/Yr NNN LOT SIZE: Acres DAILY VEHICLE COUNT: +/- 41,000 MARKET: Chicago PROPERTY DESCRIPTION Developer Closeout 50+% price reduction!!! Restaurant pad site for sale, ground lease, or build to suit on heavily trafficked Rand Road in Lake Zurich. Fronting a Holiday Inn hotel, the property sits amidst incredible immediate area co-tenancy with Starbucks, Sonic, Jewel-Osco, SportsClips, AT&T, Sleepys/Mattress Firm and Vitamin Shoppe to name but a few. Approx. 1.7 Acres site in dominant retail corridor with over 41,000 vehicles per day on Rand Road in front of the property. Other area retailers include Costco, Target, Walmart, and Regal Theaters. The approx. 73,910 SF site can accommodate a +/- 8,000 SF restaurant building. Fantastic trade area demographics of over $145,000 average annual income and over $500,000 average home value. Offered for sale at $99,000 or ground lease at $75,000/yr NNN. Build to suit option available subject to offer. SUB MARKET: CROSS STREETS: NW Suburban Chicago Rand Rd (Rt 12) & Whitney Rd LOCATION OVERVIEW Lake Zurich is a northwest suburb of Chicago. The land site is located on heavily trafficked Rand Road (Route 12), north of W Route 22, and boasts an extremely high daily vehicle count over 41,000. Major local retail trade area loaded with national tenants. High income immediate trade area boasts average annual incomes over $145,000 and home values over $500,000.

2 FOR SALE OF LEASE LAND PROPERTY HIGHLIGHTS Price just reduced 50% - Developer Closeout Restaurant Pad For Sale, Ground Lease or Build to Suit +/- 73,910 SF site - Can Build up to 8,000 SF Adjacent to Starbucks, SportsClips, Couture 360, & Holiday Inn Massive 41,000 Daily Traffic Counts on Rand Road Chicago MSA - 40 Miles from Downtown Chicago Fantastic area demographics w/ over $145,000 avg annual income For sale at $99,000 or ground lease at $75,000/yr NNN Build to suit option available subject to offer

3 Site Plan

4 Plat Plan

5 FOR SALE OR LEASE LAND Birdseye View

6 FOR SALE OR LEASE LAND Area Retailer Map

7 Regional Map 195 S Rand Road

8 Location Maps

9 POPULATION 1 MILE 3 MILES 5 MILES TOTAL POPULATION 4,257 36,409 85,825 MEDIAN AGE MEDIAN AGE (MALE) MEDIAN AGE (FEMALE) HOUSEHOLDS & INCOME 1 MILE 3 MILES 5 MILES TOTAL HOUSEHOLDS 1,441 12,471 30,106 # OF PERSONS PER HH AVERAGE HH INCOME $124,398 $145,218 $138,966 AVERAGE HOUSE VALUE $521,707 $500,878 $485,613

10 FOR SALE OR LEASE LAND 1 MILE 3 MILES 5 MILES Total households 1,441 12,471 30,106 Total persons per hh Average hh income $124,398 $145,218 $138,966 Average house value $521,707 $500,878 $485,613 1 MILE 3 MILES 5 MILES Total population 4,257 36,409 85,825 Median age Median age (male) Median age (female) * Demographic data derived from 2010 US Census

11 Wayne Caplan SVN Chicago Commercial Memberships & Affiliations Present - Member - International Council of Shopping Centers (ICSC) Present - Member - National Association of Realtors (NAR) Present - Member - Illinois Association of Realtors (IAR) Present - Member - Chicago Association of Realtors (CAR) Present - Member - Psi Upsilon Fraternity - Delta Chapter - New York University Member - Beth Hillel Congregation Bnai Emunah - Wilmette, IL Member - Board of Directors - The Near South Planning Board, Chicago, IL Phone: Fax: Address: 940 West Adams Street, Suite 200 Chicago, IL Wayne Caplan is a for SVN Chicago Commercial, specializing in the sale and leasing of retail, investment and development properties. He has participated in commercial property transactions in excess of $500 million including many high profile transactions in the Chicago area. Wayne recently achieved SVN's prestigious Partner's Circle status for both 2014 & 2016, and was ranked number 23 & 26 respectively, among all SVN advisors nationally in gross commission volume. He also was awarded both a Platinium and Gold Commercial Real Estate Award from the Chicago Association of Realtors for excellence in sales and leasing volume for 2014 and a Platinum award in 2016 for retail sales volume. Wayne s clients range from small individual investors to large regional and national lending institutions, as well as REITs, life insurance companies, and national mixed-use developers. Additional Awards and Recognitions include being named Rookie of the Year for Inland Real Estate Sales in 2000, a top producer at Sheldon Good & Company for six years, and being among the top ten percent nationally of all SVN advisors in gross commission volume for the past nine years. Active in advocacy for the commercial real estate industry, Wayne has served as the Council Chair of Political and Regulatory Affairs for SVN. Wayne is a longtime member of the International Council of Shopping Centers (ICSC). He also served for many years on the Chicago Association of Realtors (CAR) Commercial Forum committee, of which he was the 2006 Committee Chair and has served on the prestigious Board of Directors of the 11,000+ member organization from Wayne has also served on the Commercial Committee for the Illinois Association of Realtors (IAR) and has served as a member of the National Association of Realtors (NAR) board of directors and on both it s Commercial and Commercial Legislative & Regulatory Committees. Wayne currently serves on the ICSC Government Relations Committee for Illinois. He is also active in several Chicago neighborhood groups, and serves on the Board of Directors for The Near South Planning Board in Chicago, and Beth Hillel Congregation Bnai Emunah in Wilmette. Wayne is a contributor to charities such as the American Red Cross, The Jewish United Fund and Streetwise. Wayne lives in Glenview, IL with his wife and two sons. Specialties: Investment Sales, Landlord Representation, Land and Development Consulting