Property profile

615-699 Wolf Rd Des Plaines, IL 60016

OFF-MARKET
Neighborhood centers
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Property summary

AI-generated overview

Rayyan Plaza IV offers a fantastic opportunity for retail businesses seeking high visibility and strong foot traffic. This strip center is strategically located at the bustling intersection of Wolf Road and Central Road, ensuring maximum exposure to potential customers. The property boasts excellent demographics and impressive traffic counts, making it an ideal location for a variety of retail ventures. Currently, one retail space is available, measuring 1,080 square feet, providing ample room for a diverse range of businesses. The center features prominent pylon signage (two available), offering excellent branding opportunities to attract customers. This is a rare chance to secure a space in a thriving retail environment with exceptional visibility and strong potential for growth. The property's prime location and attractive features make it an excellent investment opportunity for businesses seeking a high-impact presence in a busy commercial area. The available space is ready for immediate occupancy, allowing businesses to quickly establish themselves and begin generating revenue. Don't miss this chance to secure a space in this highly sought-after retail center. Contact us today to schedule a viewing and learn more about this exceptional opportunity.

Property profile

Verified
Property type Neighborhood centers

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

615-699 Wolf Rd Des Plaines, IL 60016
Des Plaines metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Comparable Approach Comparable
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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