Buffalo Grove, IL Strip Malls for Lease
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Strip malls for Lease in Nearby Cities
Buffalo Grove, IL Strip malls Lease Rates & Market Statistics
Explore 3 Strip malls for lease in Buffalo Grove, IL on Realmo, a commercial real estate exchange covering the Buffalo Grove area. The current inventory totals 23,261 square feet of properties.
Strip malls lease rates in Buffalo Grove range from $15 SF/Yr at the entry level to $15 SF/Yr at the top of the market, averaging $15 SF/Yr. Pricing across the market is relatively uniform, which simplifies like-for-like comparison between listings. The local average of $15 SF/Yr is 16% below the Illinois state average of $17.95 SF/Yr.
Buffalo Grove accounts for 17% of the 18 strip malls currently available across Lake County, where nearby markets include Round Lake Beach and Antioch. Strip malls are one of the more limited space types in Buffalo Grove, with just 3 listings currently available — a scarcity worth factoring into lease negotiations. Tenants comparing options may also consider Shopping centers (8 listings) elsewhere in the Buffalo Grove market.
