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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

1405 Palatine Rd Hoffman Estates, IL 60192

38,980 SF Built 2000
Property ID
Property summary
AI-generated overview

Charles Plaza, a Class A retail center in Hoffman Estates, Cook County, offers a prime opportunity for businesses seeking high-visibility locations. Built in 2000 and renovated in 2014, this 38,980 square foot center boasts 19 suites, with 5,618 square feet currently vacant. The available space totals 3,368 square feet, ideal for a variety of retail uses. The property is strategically located on Palatine Road, near the intersection of Olmstead, providing excellent access and high traffic visibility. Its location within the affluent Hoffman Estates community, and close proximity to the high-income areas of Inverness and Barrington, ensures a strong customer base. The center is anchored by Jewel-Osco, a major area grocer, and is home to a diverse mix of successful tenants including Starbucks, Lou Malnati's Pizzeria, Subway, ATI Physical Therapy, and Orangetheory Fitness. This established center offers a strong tenant mix and a proven track record of success, making it an attractive investment opportunity for discerning businesses. The property's modern design and convenient location make it an ideal choice for businesses seeking to establish or expand their presence in a thriving retail market. The available space presents a unique chance to join a successful retail community in a highly desirable location.

Property profile
Verified
Property type Retail properties & Spaces
Year built 2000
Total area 38,980 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Starbucks Cafe & Coffee Shop
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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