Property profile

145 Smith St Palatine, IL 60067

OFF-MARKET
Land
0.16 ac lot
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Property summary

AI-generated overview

This exceptional 40,000 square foot retail property, located in Los Angeles County, presents a unique opportunity for multiple tenants. The entire space is currently vacant, offering a blank canvas for a diverse range of businesses. Situated at a full 4-way interchange at Grand Avenue and the 210 Freeway, this location boasts unparalleled visibility and accessibility. The property benefits from a highly desirable "going-home" side of the street location, ensuring consistent customer traffic. The surrounding area is anchored by a strong mix of established retailers, including Sprouts Farmers Market, Carl's Jr., LA Fitness, Orangetheory Fitness, Marshalls, US Bank, El Pollo Loco, America's Tire, a 76 Station, and an ARCO station, creating a vibrant and thriving commercial environment. This prime location offers significant potential for businesses seeking high visibility and convenient access for customers. The property is classified as a commercial retail space with multiple tenancy options. The total building square footage is 40,000 square feet, all of which is currently available for lease. This presents a rare opportunity to establish a significant presence in a high-demand retail area.

Property profile

Verified
Property type Land
Lot 0.16 ac (6,970 SF)

Cap rate & NOI

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

Location

145 Smith St Palatine, IL 60067
Palatine metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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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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