New U.S. Bank Ground
1297 E Higgins Rd, Schaumburg, IL 60173
New construction U.S. Bank ground lease in Schaumburg, Illinois.
Type:Retail
Property size:
3,870 SFPrice / SF:
$1,162/SF- Added:
- Mar 23, 2026
- Days on Market:
- 51
- Last Refresh:
- Mar 25 at 8:48 am
Property Features for 1297 E Higgins Rd
General Information
- Standard status
- Active
- Size
- 3,870 SF
- Property subtype
- Retail
Building Details
- Year Built
- 2025
Listing agent Austin Weisenbeck License #IL 475.140200
Listing office Marcus & Millichap SWM Group
Listing date Mar 23, 2026
Source Crexi
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of Marcus & Millichap SWM Group
HighLights
- Brand new 2025 construction U.S. Bank with corporate guarantee.
- Nearly 10 years of remaining lease term with 7.5% rent increases every five years.
- Located in the highly trafficked Woodfield retail corridor, less than a mile from Woodfield Mall and Streets of Woodfield.
- Outlot to Park St. Claire, a top performing shopping center (top 8% nationwide).
- High traffic location at the signalized intersection of Higgins Road and N Meacham Road (71,400 vehicles per day).
- Dense and affluent surrounding area with high population, employment, and average household income.
Overview
This property features a brand new 2025 construction ground-leased U.S. Bank with nearly 10 years of remaining term and 7.5 percent rent increases every five years. The lease includes a corporate guarantee from U.S. Bank National Association. It is an outlot to Park St. Claire, a shopping center ranked in the top 8 percent nationwide by visits, with 4 million annual visitors. The shopping center is anchored by a Target, ranked in the top 8 percent nationwide with 2 million visitors, and a Kohl's, ranked in the top 16 percent nationwide with 504K visitors. The property is located at the signalized intersection of Higgins Road and N Meacham Road, which sees 71,400 vehicles per day, with access to Interstates 290 and 90. The site is located within the Woodfield retail corridor, less than a mile from Woodfield Mall and Streets of Woodfield. The surrounding area has 87,373 residents and 154,201 employees within three miles, with an average household income of $156,219 within one mile. The property size is 3870 square feet.
Location Intelligence
Current Use by Public Records
Banks
Location Insight
- Map
- Local Demand
- City
- Schaumburg
- County
- Cook
- State
- Illinois
- Longitude
- -88.0464702
- Latitude
- 42.0374205
Nearby Similar for Sale
FAQs
What type of property is this?
Bank - New construction U.S. Bank ground lease in Schaumburg, Illinois.
Where is this bank located?
The property is located at 1297 E Higgins Rd Schaumburg, IL.
What is the asking price?
The asking price for this property is $4,500,000.
What are key features of this property?
This property features: Brand new 2025 construction U.S. Bank with corporate guarantee.; Nearly 10 years of remaining lease term with 7.5% rent increases every five years.; Located in the highly trafficked Woodfield retail corridor, less than a mile from Woodfield Mall and Streets of Woodfield.
