1405 Palatine Rd Hoffman Estates, IL 60192
- Retail properties
- 38,980 SF
Current Use by Public Records
- Starbucks / Coffee Store / Espresso Bar
Property Details for 1405 Palatine Rd
- Year built
- 2000
- Property size
- 38,980 SF
- Property type
- Retail properties
- Property subtype
- Retail space
Description
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.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Hoffman Estates
- County
- Cook
- State
- Illinois
- Longitude
- -88.1144
- Latitude
- 42.1106
