Single-Tenant Retail

Walmart | Recent 7YR Lease Extension | Affluent Chicago Suburb

1460 Golf Rd, Rolling Meadows, IL

Listing Price: $13,872,000

Click To Access Offering Memorandum
  • Cap Rate6.25%
  • Building SF130,200 SF
  • Price/SF$106.54
  • Year Built / Renovated2000

Investment Highlights

  • Single-Tenant Walmart | Absolute Net Lease | Corporate Guarantee (S&P: AA)
  • Recent 7-Year Lease Extension | Commitment to Location: Nearly 25 Years of Occupancy
  • (6) 5-Year Options
    3% Rent Increases at the beginning of Options 1-4
    2.5% Rent Increases at the beginning of Options 5-6
  • High Visibility at Intersection of Golf Rd & Algonquin Rd (60,800 VPD Combined)
    Ease of Access via Multiple Ingress/Egress Points
  • Immediate Access to I-90 (141,300 VPD) & I-290 (119,700 VPD) | I-90 Provides a Direct Route to Chicago
  • Across from Lowe’s & Meijer | Nearby Major Retail: IKEA, Costco, Whole Foods, Trader Joe’s, Target, Kohl’s, Best Buy, & Many Others
  • Super-Regional Trade Area: 23.5 Million SF of Retail within a 5-Mile Radius (95% Occupancy Rate)
    2 Miles from Woodfield Mall (2.15 Million SF) | One of the Largest Malls in the U.S. (16th) | Largest Mall in the State of Illinois
  • Densely Populated & Affluent Market: 279,671 Residents & $119,697 Average Household Income within a 5-Mile Radius | Strong Daytime Population: 389,276
Lead Agent

Ashish Vakhariya

Senior Vice President Investments

Lic: MI 6501322501

Darin Gross

First Vice President Investments

Lic: MI 6501384871

Seth Haron

First Vice President Investments

Lic: MI 6501373006

ILLINOIS BROKER OF RECORD: STEVEN WEINSTOCK | 1 MID AMERICA PLAZA, STE 200, OAKBROOK TERRACE, IL | 630.570.2200 | LIC: IL 471.011175