Palatine, IL Shopping Centers for Lease
- Barrington, IL
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Shopping centers for Lease in Nearby Cities
Palatine, IL Shopping centers Lease Rates & Market Statistics
Explore 9 Shopping centers for lease in Palatine, IL on Realmo, a commercial real estate exchange covering the Palatine area. The current inventory totals 45,813 square feet of properties.
Shopping centers lease rates in Palatine range from $21 SF/Yr at the entry level to $21 SF/Yr at the top of the market, averaging $21 SF/Yr. Pricing across the market is relatively uniform, which simplifies like-for-like comparison between listings. At $21 SF/Yr, the local average runs 16% above Illinois's state average of $18.08 SF/Yr.
Palatine accounts for 3% of the 268 shopping centers currently available across Cook County, where nearby markets include Chicago and Schaumburg. Shopping centers make up 53% of the 17 Retail properties & Spaces currently for lease in Palatine, with asking rates averaging $21 SF/Yr — 29% below the citywide Retail properties & Spaces average of $29.40 SF/Yr. Tenants comparing options may also consider Storefront properties (7 listings) elsewhere in the Palatine market.
