Power Center with Long-Term
For Sale
Contact for pricing
1750 N Richmond Rd, McHenry, IL 60051
100% occupied power center in McHenry anchored by American Freight and Fitness 1440, plus a 0.75-acre pad included in sale.
Property SizeContact for details
Days on Market120
Property Features for 1750 N Richmond Rd
General Information
Standard status
Active
Property subtype
Retail
Occupancy
100%
Additional Details
Cap Rate
11%
Listing Agency:
Brookwood Capital Advisors - Hamd
Listed By:
Ben Hamd · License #VA 02260227550
Source:
Crexi
Added: Apr 12
Changed: Aug 8
Last Checked: Jul 20 at 5:14PM
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 Brookwood Capital Advisors - Hamd
Investment Insights
Based on property information with market context.
McHenry Plaza is a 100% occupied power center in McHenry, Illinois. The property is anchored by American Freight and Fitness 1440, both sizable national tenants with long-term leases in place of 10+ years. According to the seller, 81% of the NOI comes from national or strong regional businesses.
The center also includes a 0.75-acre pad site as part of the sale. The next-door pad site is currently under development for Aspen Dental/Wellnow, which the offering frames as added value in the land component.
The remarks cite the center’s proximity to Chicago, including more than 2 million people within a 25-mile radius and over $103,000 in income within a 3-mile radius. The deal is described as being offered at an 11% cap rate. The seller notes the transaction will go to auction in January, but the seller is accepting offers prior to auction, with sellers motivated to transact directly now.
The center also includes a 0.75-acre pad site as part of the sale. The next-door pad site is currently under development for Aspen Dental/Wellnow, which the offering frames as added value in the land component.
The remarks cite the center’s proximity to Chicago, including more than 2 million people within a 25-mile radius and over $103,000 in income within a 3-mile radius. The deal is described as being offered at an 11% cap rate. The seller notes the transaction will go to auction in January, but the seller is accepting offers prior to auction, with sellers motivated to transact directly now.
Key Highlights
- McHenry, IL power center is 100% occupied
- Anchored by American Freight and Fitness 1440, both with long‑term leases in place (10+ years)
- 81% of NOI comes from national or strong regional businesses
Property Analytics
Current Use
Lease Details
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
416
Businesses Nearby
15k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Home Improvements & Furnishings 64%
Shops & Services 36%
Ace Hardware
Home Improvements & Furnishings
9,439 visits/mo
0.1 miles
Marathon
Shops & Services
5,232 visits/mo
0.1 miles
Demographics for 60051, IL
24,649
Population
10,210
Households
2.4
Avg Household Size
42
Median Age
33%
College-Educated
94%
High-School Grad
33.2 sq mi
ZIP Area
742
Density / Sq Mi
$104,227
Median Household Income
$53,527
Median Earnings
$1,665
Median Rent
$268,000
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
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Frequently Asked Questions
What type of property is this?
Shopping center - 100% occupied power center in McHenry anchored by American Freight and Fitness 1440, plus a 0.75-acre pad included in sale.
Where is this shopping center located?
The property is located at 1750 N Richmond Rd McHenry, IL.
What are key features of this property?
This property features: McHenry, IL power center is 100% occupied; Anchored by American Freight and Fitness 1440, both with long‑term leases in place (10+ years); 81% of NOI comes from national or strong regional businesses
