For Lease
$18.75/SF/YR

767 Northwest Hwy Palatine, IL 60067

High-traffic retail space, 1,600-3,500 sq ft available.

Overview

Added:
Dec 11, 2024
Days on market:
127
North Quentin Plaza, located at the high-traffic intersection of Northwest Highway and Quentin Road in Palatine, Illinois, presents a unique opportunity for retail businesses. This Class B strip center boasts a total of 19,080 square feet across two single-story buildings, constructed in 1987, situated on a 1.56-acre lot. Currently, 5,100 square feet of retail space is available, divisible into units ranging from a minimum of 1,600 square feet to a maximum contiguous space of 3,500 square feet. The property benefits from ample parking and prominent pylon signage. The site enjoys a daily traffic count of 29,000 vehicles, serving a highly affluent area with an average household income of $149,000. One available space is a second-generation restaurant space, and the landlord is willing to accommodate build-outs, including the installation of a full-size hood and grease trap. The property is zoned B-1 and located in Cook County. Annual property taxes are $5 per square foot. This is an exceptional opportunity to establish or expand a retail business in a thriving Palatine location.

Highlights

  • Retail strip center totaling 19,080 square feet.
  • Two buildings on 1.56 acres in Palatine, IL.
  • 5,100 square feet of vacant space available, divisible from 1,600 to 3,500 square feet.
  • Located at the high-traffic intersection of Northwest Highway and Quentin Rd (29,000 cars/day).
  • Class B property built in 1987, with ample parking and pylon signage.
  • Zoned B-1 in Cook County, with a $5/SF tax rate.

Property Details for 767 Northwest Hwy

Property type
Neighborhood centers, Retail properties
RSF (Rentable sq. ft)
19,080 SF
Class
B
Year Built
1987
Buildings
2
Stories
1

Unit(s) available at that property

Space
Suite 767
Size
1,600 SF
Rate per SF
$18.75

Location Insight

City
Palatine
County
Cook
State
Illinois
Latitude
42.1112958
Longitude
-88.0607565
767 Northwest Hwy, Palatine, Illinois

FAQs

What type of property is this?
Neighborhood center - High-traffic retail space, 1,600-3,500 sq ft available.
Where is the neighborhood center located?
The property is located at 767 Northwest Hwy Palatine, IL.
What is the lease rate?
The lease rate is $18.75/SF/YR.
What are key features of this property?
This property features: Retail strip center totaling 19,080 square feet.; Two buildings on 1.56 acres in Palatine, IL.; 5,100 square feet of vacant space available, divisible from 1,600 to 3,500 square feet.
How can I contact the broker?
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767 Northwest Hwy
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