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Regal Cinemas & IMAX 300 Parkway Dr
75,273 SF 4-Star Retail Building Lincolnshire, IL 60069 For Sale
Investment Highlights
- Opportunity to acquire a former Regal IMAX Theater with tons of infrastructure in-place
- Submerged within an affluent northwest suburb with an average household income of approximately $144,000/yr
- Part of a larger development including Wildfire, Big Bowl, Hampton Inn & Suites, City Park of Lincolnshire, City Park Corporate Center
Executive Summary
suburban Lincolnshire (Chicago MSA). The 75,372 SF former movie theater sits on 11.33-acres and is well located within
Lincolnshire, adjacent to the newly developed 444 Social, a 302-unit luxury apartment building. The Property features several
screening rooms, ADA compliant bathrooms, vaulted ceiling heights, upgraded fire and safety infrastructure, an 800 surface level
parking lot (10.6/1,000 SF), and monument signage at the signalized intersection (Milwaukee Ave/Aptakisic Rd), providing visibility
and exposure to 40,000+ VPD. The property, located just west of Milwaukee Avenue, a primary north/south thoroughfare within the
northern suburbs, is part of a larger development including Wildfire, Big Bowl, Hampton Inn & Suites, City Park of Lincolnshire (a
80,000 SF retail center), City Park Corporate Center (a 73,000 SF office building), and Extra Space Storage. The property is also
surrounded by retail to the north and south including the development approx. one (1) mile to the south including Woodman's Food
Market, Starbucks, Panera Bread, Potbelly, Sunnyside Dispensary, Mod Pizza, and Great Clips, among others. Lastly, the offering
finds itself approx. two (2) miles south of Adlai E. Stevenson High School, which is one of the largest public schools in the State
(approx 4,100 students).
Property Facts
Space Availability
- Space
- Size
- Space Use
- Position
- Available
Opportunity to lease the former Regal Lincolnshire & IMAX Theater located at 300 Parkway Drive in north suburban Lincolnshire (Chicago MSA). The 75,372 SF former movie theater sits on 11.33-acres and is well located within Lincolnshire, adjacent to the\ newly developed 444 Social, a 302-unit luxury apartment building. The Property features several screening rooms, ADA compliant bathrooms, vaulted ceiling heights, upgraded fire and safety infrastructure, an 800 surface level parking lot (10.6/1,000 SF), and monument signage at the signalized intersection (Milwaukee Ave/Aptakisic Rd), providing visibility and exposure to 40,000+ VPD. The property, located just west of Milwaukee Avenue, a primary north/south thoroughfare within the northern suburbs, is part of a larger development including Wildfire, Big Bowl, Hampton Inn & Suites, City Park of Lincolnshire (a 80,000 SF retail center), City Park Corporate Center (a 73,000 SF office building), and Extra Space Storage. The property is also surrounded by retail to the north and south including the development approx. one (1) mile to the south including Woodman's Food Market, Starbucks, Panera Bread, Potbelly, Sunnyside Dispensary, Mod Pizza, and Great Clips, among others. Lastly, the offering finds itself approx. two (2) miles south of Adlai E. Stevenson High School, which is one of the largest public schools in the State (approx. 4,100 students).
| Space | Size | Space Use | Position | Available |
| Ground | 75,273 SF | Retail | Outparcel | Now |
Ground
| Size |
| 75,273 SF |
| Space Use |
| Retail |
| Position |
| Outparcel |
| Available |
| Now |
Ground
| Size | 75,273 SF |
| Space Use | Retail |
| Position | Outparcel |
| Available | Now |
Opportunity to lease the former Regal Lincolnshire & IMAX Theater located at 300 Parkway Drive in north suburban Lincolnshire (Chicago MSA). The 75,372 SF former movie theater sits on 11.33-acres and is well located within Lincolnshire, adjacent to the\ newly developed 444 Social, a 302-unit luxury apartment building. The Property features several screening rooms, ADA compliant bathrooms, vaulted ceiling heights, upgraded fire and safety infrastructure, an 800 surface level parking lot (10.6/1,000 SF), and monument signage at the signalized intersection (Milwaukee Ave/Aptakisic Rd), providing visibility and exposure to 40,000+ VPD. The property, located just west of Milwaukee Avenue, a primary north/south thoroughfare within the northern suburbs, is part of a larger development including Wildfire, Big Bowl, Hampton Inn & Suites, City Park of Lincolnshire (a 80,000 SF retail center), City Park Corporate Center (a 73,000 SF office building), and Extra Space Storage. The property is also surrounded by retail to the north and south including the development approx. one (1) mile to the south including Woodman's Food Market, Starbucks, Panera Bread, Potbelly, Sunnyside Dispensary, Mod Pizza, and Great Clips, among others. Lastly, the offering finds itself approx. two (2) miles south of Adlai E. Stevenson High School, which is one of the largest public schools in the State (approx. 4,100 students).
Nearby Major Retailers
![[solidcore]](https://images1.loopnet.com/i2/X1DfwMFhQUJtrEvdN0O4PHppb1UchnIXcAPoILYKKzI/105/image.jpg "[solidcore]")
PROPERTY TAXES
| Parcel Number | 15-27-206-019 | Improvements Assessment | $424,984 |
| Land Assessment | $853,772 | Total Assessment | $1,278,756 |
PROPERTY TAXES
Contacts
-
Matt Tarshis -
Andrew Rubin -
Andrew Picchietti -
Zack Pearlstein -
Frontline Real Estate Partners
Presented by
Regal Cinemas & IMAX | 300 Parkway Dr
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