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Property profile & analytics
OFF-MARKET
Retail space

4256 Arlington Hts Rd Arlington Heights, IL 60004-1300

0.82 ac lot Built 1982
Entity Owned 23-yr Hold Free & Clear
Property ID
US28-2716650
Property summary
AI-generated overview

Terramere Office Plaza, located at 4256 N Arlington Heights Rd, Arlington Heights, IL 60004, presents a fantastic opportunity for businesses seeking move-in ready office space. This two-story, 12,485 square foot traditional office building, constructed in 1980, offers two available suites ranging from 583 to 669 square feet. The building boasts convenient amenities including 20 total parking spaces and an elevator. Currently, 1,252 square feet of space is vacant. The property benefits from a highly visible location on N Arlington Heights Rd, with over 64,000 vehicles passing daily, ensuring excellent exposure for your business. Accessibility is enhanced by its proximity to IL-53 (just one stoplight away), and the building features ADA accessibility and heated sidewalks for year-round convenience. The suites are equipped with tenant-controlled temperature systems and Class A build-outs, ready for immediate occupancy. Located in Cook County, this property offers a compelling combination of location, amenities, and immediate availability. The building is a traditional office space with multiple tenants.

Property profile
Verified
Property type Retail space
Use group STORE, RETAIL OUTLET
Year built 1982
Lot 0.82 ac (35,676 SF)
APN 03-06-200-006
UPID US28-2716650
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
Value estimations
Realmo proprietary · 4 methods
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by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Terramere Bldg LLC · 23 yrs held
Terramere Bldg LLC
since 2003
3 recorded transactions
2011
Price N/A
2003
Price N/A
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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