901 Perimeter Dr Schaumburg, IL 60173

Property Details for 901 Perimeter Dr

Property type

Retail properties

Description

This exceptional retail opportunity is located at the Sears Woodfield property in Cook County, situated at the intersection of Woodfield Rd & N Meacham Rd. The property boasts a significant 31-acre site and offers two available spaces ranging from 3,000 to 163,000 square feet, perfect for a variety of retail uses. This is a generational opportunity to establish a presence in one of Illinois' top shopping destinations, attracting 17 million annual visitors. The property benefits from an affluent demographic, with a 1.4 million-person trade area population and an average household income of $110,000. The surrounding area is a thriving hub of commerce, featuring over 30 hotels, 30 million square feet of office, industrial, and retail space, and over 200 restaurants, generating $2.9 billion in annual retail sales. This location offers unparalleled accessibility, with easy access to I-90, I-290, and IL-53, and multiple traffic light entrances. The property also benefits from strong co-tenancy with over 280 brands, including top retailers such as Nordstrom, Apple, Sephora, Morphe, Michael Kors, Coach, and Superdry. This is a truly unique opportunity to capitalize on a high-traffic, affluent market in a premier suburban location. The property is a multi-tenant shopping center offering a variety of space options to suit diverse business needs.