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CREEKSIDE PLAZA | FREESTANDING MEDICAL BUILDING

$3,625,000 | 8.25%

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200-300 McHenry Road
Wheeling, Illinois

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Features

  • Value-Add Opportunity by Leasing Four Separate Units Totaling 4,800 Square Feet of Vacant Space
  • Located at the Signalized Intersection of Elmhurst Road and McHenry Road | 32,650 Combined Vehicles Passing per Day
  • Triangular Lot Positioning Allows for Maximum Visibility | Over 1,100 Feet of Combined Frontage
  • Large 5.93-Acre Parcel with Abundant Parking (Approximately 175 Surface Spaces) and Multiple Points of Ingress/Egress | Strong Residual Value
  • Priced Significantly Below Replacement Cost at Only $114.57 per Square Foot | Replaceable Rents Averaging $15.86 per Square Foot
  • Creekside Health Center (Freestanding Building) has a Lease Through February 2025 with One, 10-Year Option
  • Half a Mile to Newly Constructed $110 Million Transit-Oriented Mixed-Used Wheeling Town Center and Uptown 500 (321 Residential Apartment Units)
  • Metra Station is Less than One Mile Away | North Central Service Line has Over 1,640,900 Riders per Year

Contact

ADRIAN MENDOZA
First Vice President Investments
Tel: (630) 570-2163
Adrian.Mendoza@marcusmillichap.com
* Broker of Record: Steven Weinstock

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