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The Saia Group of Marcus & Millichap
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NEW PRICE

LEED Gold Certified

Medical Office Center - Vacant

$4M Renovation 2008

LEED Gold Certified Building | Well Below Replacement Cost $120.18 PSF

21,635-Square Foot Multi-Tenant Medical Office Building on 1.89 Acres 
Frontage on Higgins Road (IL-72) - 29,100 Cars per Day 
Built June 2000 | Stunning, High-End Finish with Waterfall in Lobby 
Abundant Amenities Nearby | Strong Population of 194,452

3200 West Higgins Road, Hoffman Estates, IL 60169

3200 West Higgins Road, Hoffman Estates,
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Market Summary

Price                                              $2.600,000

Rentable SF                                  21,635 SF

Price per SF                                  $120.18

Year Built / Renovated              2000 / 2008

Lot Size                                          1.89 Acres

Description

Marcus & Millichap is pleased to present a LEED Gold certified medical/professional office building located in the Courtyards at Greenspoint complex. The 21,635-square foot building is located on 1.89 acres of land at 3200 West Higgins Road in Hoffman Estates, Illinois. The office is a one-story building that was previously occupied by owner-user Dr. Mercola, and is currently vacant and divisible to accommodate a variety of uses and square footage needs. The building is completely built-out in high-end finishes and perfect for an owner-user. The previous use was medical office with multiple exam rooms which included the required plumbing. Dr. Mercola has stopped seeing patients at this location and has converted the exam rooms to traditional private offices; however, the plumbing still exists and can be easily accessed.

The building was built in 2000. The current owner was the first occupant and purchased the building in shell condition. The property was built out to be sustainable and earth friendly, and received LEED Gold Certification. A recent study stated that a LEED certified building will sell for 55 basis points lower than a non-certified building. A LEED building not only encourages a healthier environment, but does so while saving the owner money through lower expenses over the life of the building.

Given the building is located on Higgins Road (IL-72), there are a lot of amenities in the area. Two miles east on Higgins there is Barrington Square Mall with many restaurants, retailers, and services. Hotels, gas stations and other restaurants are located within one mile of the property as well. The subject property is minutes away from Interstate 90 and Barrington Road exits. It is in close proximity to St. Alexius Medical Center. This office building is part of a triplex and accompanies two other buildings, 3100 and 3150 Higgins Road, in the Courtyards at Greenspoint. The traffic count for the intersection of Higgins and Greenspoint Parkway is 29,100 cars per day, while the traffic count for the northwest corner of Higgins and Interstate 90 is 114,800 cars per day.

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