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Retail Storefronts in Palatine Center

317-351 E Dundee Rd, Palatine, IL

For Lease
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Two retail storefronts available in Palatine shopping center.

Space Size1,200 SF
Lot Size1.37 Acres
Days on Market1365

Property Features for 317-351 E Dundee Rd

General Information

Standard status Active
Size 1,200 SF
Lot size 1.37 Acres
Property subtype RETAIL

Spaces For Lease

at 317-351 E Dundee Rd
317-351 N Dundee Rd $24/SF/Yr
Floor 1
Size 1,200 SF
Type RETAIL
Lease Type MODIFIED_GROSS
Availability AVAILABLE, Now
Sublease No
- Two commercial storefronts - 1,000 sf former dance studio - 1,600 sf former audio equipment store (end cap) - Part of 11,798 sf neighborhood shopping center - Tenants at the center include marine corps career center, army career center, a podiatrist office, a grocery store and a cleaners - Prime location near the corner of hicks and dundee roads - Ample parking - Close proximity to route 83 - Nearby retailers include jewelosco, target, home depot, hobby lobby, walgreens, ross dress for less, panera, well fargo, petco and more - Traffic count: 19,962 vehicles daily
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Listing Agency: Millennium Properties Real Estate
Listed By: Susan B. Silver · License IL #475136992
Source: Moodyscre
Added: Feb 16, 2023 Changed: Aug 8 Last Checked: Aug 25 at 3:58AM

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 Millennium Properties Real Estate

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Investment Insights

Based on property information with market context.

Two commercial storefronts are available for rent as part of an 11,798 square foot neighborhood shopping center. One space is a 1,000 square foot former dance studio, and the other is a 1,600 square foot end-cap space that was formerly an audio equipment store. The center's tenants include a marine corps career center, an army career center, a podiatrist office, a grocery store, and a cleaners. The property benefits from a prime location near the corner of Hicks and Dundee Roads, with close proximity to Route 83. Ample parking is available. Nearby retailers include Jewel-Osco, Target, Home Depot, Hobby Lobby, Walgreens, Ross Dress for Less, Panera, Well Fargo, and Petco. The location benefits from a traffic count of 19,962 vehicles daily.

Key Highlights

  • Prime location near the corner of Hicks and Dundee Roads with high traffic count.
  • Two commercial storefronts available: 1,000 sf and a 1,600 sf end cap.
  • Part of an 11,798 sf neighborhood shopping center with diverse tenants.

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Strip malls

Suggested Use

Top Pick Law Firm Hair Salon Spa & Massage Center Skin Care Clinic Dental Office (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type
$3.60 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

471
Businesses Nearby
216k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 41% Superstores 35% Groceries 22% Dining 1%
Target Superstores
76,065 visits/mo 0.5 miles
Jewel-Osco Groceries
46,832 visits/mo 0.2 miles
Hobby Lobby Shops & Services
26,320 visits/mo 0.3 miles
Dollar Tree Shops & Services
17,580 visits/mo 0.4 miles
Speedway Shops & Services
17,453 visits/mo 0.2 miles
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Average Price Trend$/SF/Yr for Strip malls in Cook County, IL

$21.99 Jul
$22.78 Aug
$23 Sep
$21.7 Oct

Properties on Market for Strip malls in Cook County

Jul
Aug
Sep
Oct

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025

Frequently Asked Questions

What type of property is this?
Strip mall - Two retail storefronts available in Palatine shopping center.
Where is this strip mall located?
The property is located at 317-351 E Dundee Rd Palatine, IL.
What is the lease rate?
The lease rate is $24 SF/Yr.
What are key features of this property?
This property features: Prime location near the corner of Hicks and Dundee Roads with high traffic count.; Two commercial storefronts available: 1,000 sf and a 1,600 sf end cap.; Part of an 11,798 sf neighborhood shopping center with diverse tenants.
(312) 338-3001 Call to check price and availability
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