767 Northwest Hwy Palatine, IL 60067
North Quentin Plaza, located at the high-traffic intersection of Northwest Highway and Quentin Road in Palatine, Illinois, presents a unique opportunity for retail businesses. This Class B strip center boasts a total of 19,080 square feet across two single-story buildings, constructed in 1987, situated on a 1.56-acre lot. Currently, 5,100 square feet of retail space is available, divisible into units ranging from a minimum of 1,600 square feet to a maximum contiguous space of 3,500 square feet. The property benefits from ample parking and prominent pylon signage. The site enjoys a daily traffic count of 29,000 vehicles, serving a highly affluent area with an average household income of $149,000. One available space is a second-generation restaurant space, and the landlord is willing to accommodate build-outs, including the installation of a full-size hood and grease trap. The property is zoned B-1 and located in Cook County. Annual property taxes are $5 per square foot. This is an exceptional opportunity to establish or expand a retail business in a thriving Palatine location.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
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No recorded transactions found for this property.
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Risks
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