Map of Property

New 15-Yr. Strickland Brothers | Expanding Franchisee |Excellent Access and Visibility to 28,400 VPD | 35 Miles to Downtown Chicago

281 N Northwest Hwy, Palatine, IL 60067

  • For Sale $2,517,000
  • Property Type Other
  • Lot Size 0.4 SF
  • Year Built 2024
  • Date Updated Apr 24, 2024

 

SECURE INCOME STREAM

• Brand New 15-Year Absolute NNN Lease - 10% Increases Every 5 Years, Zero Landlord Responsibilities
• Corporate Guaranteed Lease - 140+ Locations with Additional 200 New Strickland Brothers Locations Planned by End of 2024
• Recent Private Equity Investment - Princeton Equity Group, Sponsor of Growth Oriented Brands Including Massage Envy, Card My Yard, European Wax Center and Urban Air Adventure Park
• Fee Simple Ownership - Bonus Depreciation Potential (Consult Accountant)

PROXIMITY

• Affluent and Infill Trade Area - 251,998 Residents in Growing Trade Area with $142,164 Average Household Income in 5-Mile Radius
• Excellent Access and Visibility - 28,240 VPD Along Major Retail Trade Area
• Close Proximity to Harper College and Roosevelt University - 14,515 Combined Students and 1,289 Employees
• 77,000+ Employers and Over 1.2M Employees - within a 30-Minute Drive

 

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Contacts

broker

Thomas Ladt

broker

Jay Patel

broker

Nico Lautmann

Location

Getting Around

  • Walk Score ®

    81/100 Very Walkable

  • Bike Score ®

    64/100 Bikeable
Powered by Walk Score ®
  • City Palatine, IL
  • Zip Code 60067
  • Market Chicago

Points of Interest

  • Palatine

    0.80 miles

  • Arlington Park

    1.95 miles

  • Arlington Heights

    3.37 miles

  • Barrington

    5.59 miles

  • Wheeling

    5.62 miles

  • Buffalo Grove

    5.97 miles

  • Mount Prospect

    6.24 miles

  • Prospect Heights

    6.66 miles

  • Prairie View

    6.92 miles

  • Cumberland

    7.61 miles

  • 7-Eleven Mobil Gas Station

    0.39 miles

  • Mobil

    1.13 miles

  • Speedway

    1.55 miles

  • Clark

    1.60 miles

  • Speedway

    1.62 miles

  • Delta Sonic Car Wash

    1.85 miles

  • Mobil

    1.87 miles

  • BP

    1.90 miles

  • EV Charger (Electric Car Parking)

    2.19 miles

  • Shell

    2.64 miles

  • Mariano's Fresh Market Parking Lot

    0.26 miles

  • Deer Grove - East Parking Lot

    1.87 miles

  • Arlinton Park Parking Metra Station

    1.91 miles

  • Deer Grove Parking Lot

    2.30 miles

  • Deer Grove Parking Lot

    2.47 miles

  • Camp Alphonse Parking Lot

    2.70 miles

  • Deer Grove Parking Lot

    2.89 miles

  • P6

    3.79 miles

  • P7

    3.82 miles

  • Buffalo Creek Forest Preserve parking

    3.83 miles

  • Days Inn & Suites by Wyndham Arlington Heights

    2.31 miles

  • Courtyard

    2.35 miles

  • Hampton Inn & Suites

    2.91 miles

  • Embassy Suites

    3.51 miles

  • Wyndham Garden Schaumburg Chicago Northwest

    3.63 miles

  • Renaissance Schaumburg Convention Center Hotel

    3.86 miles

  • Four Points by Sheraton Buffalo Grove

    3.89 miles

  • Residence Inn by Marriott Chicago Schaumburg/Woodfield Mall

    4.11 miles

  • Hyatt Regency Schaumburg, Chicago

    4.41 miles

  • Extended Stay America

    4.61 miles

  • Dairy Queen

    0.18 miles

  • Brown's Chicken

    0.19 miles

  • Subway

    0.22 miles

  • Baker's Square

    0.32 miles

  • Spunky Dunkers

    0.46 miles

  • Emmett's

    0.72 miles

  • Siri Thai

    0.73 miles

  • Subway

    1.50 miles

  • Sarpino's Pizzeria

    1.56 miles

  • Kosta's Gyros

    1.57 miles

  • Saint Theresa School

    0.31 miles

  • Gray M Sandborn Elementary School

    0.37 miles

  • Quest Academy

    0.50 miles

  • Immanuel Lutheran School

    0.58 miles

  • Winston Campus

    0.69 miles

  • Saint Thomas of Villanova School

    0.87 miles

  • Jane Addams Elementary School

    0.98 miles

  • Virginia Lake Elementary School

    1.01 miles

  • Lincoln Elementary School

    1.01 miles

  • Stuart R. Paddock Elementary School

    1.03 miles

  • Homey-Home Day Care

    2.59 miles

  • Hoffman Estates KinderCare

    4.14 miles

  • Bright Horizons

    4.28 miles

  • KinderCare

    5.35 miles

  • Learning Experience Childcare

    5.43 miles

  • KinderCare

    5.65 miles

  • Kindercare

    6.29 miles

  • Advance Preschool

    6.61 miles

  • Tutor Time

    6.66 miles

  • The Goddard School of Hawthorn Woods (Lake Zurich)

    7.46 miles

Frequently Asked Questions

What is the lease rate for New 15-Yr. Strickland Brothers | Expanding Franchisee |Excellent Access and Visibility to 28,400 VPD | 35 Miles to Downtown Chicago?

Rental asking rate at New 15-Yr. Strickland Brothers | Expanding Franchisee |Excellent Access and Visibility to 28,400 VPD | 35 Miles to Downtown Chicago is $1,258,500.00/YR.

What is the total square footage of New 15-Yr. Strickland Brothers | Expanding Franchisee |Excellent Access and Visibility to 28,400 VPD | 35 Miles to Downtown Chicago?

New 15-Yr. Strickland Brothers | Expanding Franchisee |Excellent Access and Visibility to 28,400 VPD | 35 Miles to Downtown Chicago totals 1,750 square feet.

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Contact New 15-Yr. Strickland Brothers | Expanding Franchisee |Excellent Access and Visibility to 28,400 VPD | 35 Miles to Downtown Chicago