20,794 Square Foot Retail Space For Sale @ 400 West Northwest Highway

Fully leased multi-tenant automotive center for sale along Northwest Highway across from the Metra Station in Arlington Heights. The center is 20,794 square feet, consisting of six (6) units, and is fully leased by long-term tenants including AAMCO and Meineke. Unit sizes range from 2,266 - 5,000 square feet. All but one of the units feature at least one 12' overhead door.

Excellent investment opportunity for either an investor or an owner/user looking to occupy a portion of the building and offset expenses with income already in-place. Current leases are short term and provide flexibility. Property is bank owned.



Location Description:
The property is located at the northeast corner of Northwest Highway and Walnut Avenue in Arlington Heights. Northwest Highway runs northwest/southeast and averages approximately 14,400 vehicles per day. Walnut Avenue runs north/south and is lightly trafficked, averaging approximately 2,100 vehicles per day.

Highlights:
■ The center is fully leased and generates over $220,000 of annual gross income
■ 15 Overhead doors in total with 12' clear heights
■ Five of the six tenants have been at the center for at least 20 years
■ Short term leases provide flexibility
■ Well located at the corner of a signalized intersection along Northwest Highway
■ Exposure to over 17,000 VPD