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Marcus & Millichap Sells Grocery And Medical-Anchored Shopping Center In Schaumburg For $14.625M
SOLD
Illinois
See Similar DealsRetail114,476 SF
Sold 09/03/2025
SOLD
Marcus & Millichap Sells Grocery And Medical-Anchored Shopping Center In Schaumburg For $14.625M
1170 South Roselle Road
See Similar DealsRetail114,476 SF
Sold 09/03/2025
Summary
ILLINOIS
Asset Type:Retail
Price Per Square Foot:$127
Total Square Footage:114,476 SF
Transaction Type:Sale
A retail property located at 1170 South Roselle Road, Schaumburg, consisting of 12.81 acres, was sold for $14,625,000. The asset spans 114,476 square feet at a price per square foot of $128. The shopping center is anchored by KD Market and features grocery and medical components.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $14,625,000
- Address: 1170 South Roselle Road
- Market: Schaumburg
- Square Footage: 114,476
- Price Per Square Foot: $128
- Acres: 12.81
- Brokers: Adrian Mendoza, Sean Sharko & Austin Weisenbeck - Marcus & Millichap
The sale was facilitated by Marcus & Millichap, with a longtime overseas owner selling the property to a private investment group based in Chicago.
Players
BROKERAGE
Details
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$780,000.00
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$51,959.54
Cash-on-Cash Return-1.27%
Monthly Debt Service$69,329.96
Annual Debt Service$831,959.54
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