Leased Retail
5190 Hoffman Blvd Hoffman Estates, IL 60192
5190 Hoffman Blvd, Hoffman Estates, IL, 60192
Contact for pricing
For Sale
Contact for pricing
For sale retail storefront occupied by Duluth Trading Company, a lifestyle apparel retailer known for durable workwear and gear.
Property Size14,525 SF
Price / SF$300
Days on Market16
Property Features for 5190 Hoffman Blvd
General Information
- Standard status
- Active
- Size
- 14,525 SF
- Property subtype
- Retail
Building Details
- Year Built
- 2016
Listing agency
Matthews
Listed by
Josh Bishop · License #688810
Source
Crexi
Added: Jul 6 Updated: Jul 21 at 1:56PM Checked: Jul 21 at 1:56PM
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 Matthews
Investment Insights
Based on property information with market context.
This for-sale retail storefront is currently occupied by Duluth Trading Company, an American lifestyle apparel retailer focused on durable workwear, casual clothing, and functional gear for men and women. The brand is recognized for its practical, quality-driven approach to apparel and its distinctive marketing style.
The property is located at 5190 Hoffman Blvd in Hoffman Estates, Illinois. It offers a dedicated retail environment supporting a well-established specialty apparel concept.
Interested parties are encouraged to review the offering materials for additional details regarding the premises and the existing occupancy.
The property is located at 5190 Hoffman Blvd in Hoffman Estates, Illinois. It offers a dedicated retail environment supporting a well-established specialty apparel concept.
Interested parties are encouraged to review the offering materials for additional details regarding the premises and the existing occupancy.
Key Highlights
- Retail storefront occupied by Duluth Trading Company (lifestyle apparel retailer).
- Year built: 2016.
- Duluth Trading Company sells durable workwear, casual clothing, and functional gear for men and women.
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $313.7k | $21.60 |
| − Vacancy | −$25.7k | −$1.77 |
| EGI | $288.0k | $19.83 |
| − OpEx | −$86.4k | −$5.95 |
| NOI | $201.6k | $13.88 |
14,525 SF · lease $21.60/SF/yr · vacancy 8.20% · expense 30.00%
Alternative Uses
Best Use
Retail
$2.88M
$2.52M – $3.36M
NOI $201,609 @ 7.0% cap · market cap 4.63%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$5.01M
$4.39M – $5.85M
NOI $351,037 @ 7.0% cap · market cap 8.06%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duluth Trading Company
Men'S Clothing Store
Similar For Sale Nearby
FAQs
What type of property is this?
Storefront property - For sale retail storefront occupied by Duluth Trading Company, a lifestyle apparel retailer known for durable workwear and gear.
Where is this storefront property located?
The property is located at 5190 Hoffman Blvd Hoffman Estates, IL.
What is the asking price?
The asking price for this property is $4,357,500.
What are key features of this property?
This property features: Retail storefront occupied by Duluth Trading Company (lifestyle apparel retailer).; Year built: 2016.; Duluth Trading Company sells durable workwear, casual clothing, and functional gear for men and women.
