River Bend Plaza Des Plaines, IL-Investment Property
River Bend Plaza On River Rd In Des Plaines, IL - Multi-Tenant Retail Investment Property! "Prime Corner Location - 100% Leased Retail Center - National Dunkin' Tenant - Proj 7.92% Cap Rate - Proj $134,608 NOI" Exceptional opportunity to acquire River Bend Plaza, a 10,005 sqft, 4-tenant retail shopping center situated on ~0.84 acres at 1926-1992 S River Rd in Des Plaines, Cook County, IL. Offered at $1.7 million, this income-producing commercial investment features a projected $134,608 annual Net Operating Income (NOI), attractive 7.92% capitalization rate, diversified tenant mix and NNN/modified NNN leases designed to offset ownership expenses. Strategically positioned at the signalized intersection of S River Rd and Stockton Ave, the property boasts 297 feet of River Rd frontage, outstanding visibility, prominent pylon signage and convenient access. This established single-story retail center offers ample surface parking with 25 spaces and excellent exposure to an estimated 18,200 vehicles daily. Investment Highlights Diversified Tenant Mix 1. Dunkin' Donuts - 1,004 sqft; recognized national quick-service restaurant brand providing established consumer recognition and daily customer traffic. Lease renewed through Jan 2030. 2. White Pearl Medi-Spa & Nail Lounge - 4,882 sqft; established beauty and wellness destination operating for over a decade, serving a loyal repeat clientele. New 5-year lease to be executed before closing. 3. Kith & Kin - 2,993 sqft; new 2026 retail/service tenant with a 5-year modified NNN lease, 5% annual rent increases and tenant improvements planned. Rent commencement is subject to occupancy and lease contingencies. 4. Sushi UA - 1,126 sqft; established sushi preparation/delivery operation with a newly signed 10-year lease beginning Jun 2027, extending through May 2037, featuring 4% annual increases and 4 additional 5-year renewal options. Feel free to stop by the location first. If interested, please click on the orange Contact Broker button on the right to complete the Buyer Profile form. Showings by appointment only. Listed by EatZ & Associates/EatZ Real Estate Group LLC
Location
Prominent Corner Location River Bend Plaza occupies a highly visible commercial location along the busy S. River Road corridor in Des Plaines, a wellestablished northwest suburb of Chicago. Prominent roadside pylon signage & convenient onsite parking Signalized corner location offering convenient customer access & excellent storefront exposure ~18,200 vehicles daily along River Rd Convenient access to I294/TriState Tollway & surrounding northwest suburban communities. Proximity to O'Hare International Airport & the greater Chicago metropolitan transportation network Established surrounding residential neighborhoods, commercial businesses, restaurants, & service providers support consistent local demand
Employees
(Property For Sale)
Real Estate
Real Property Included
Trading Hours
(Property For Sale)
Premises Details
Year Established: (Property For Sale). Seating: (Property For Sale). Owners Role: (Property For Sale).
Support & Training
(Property For Sale)
Expansion Potential
Future Upside Scheduled annual base rents before temporary credits total ~$152,488. The offering memorandum identifies average scheduled rents of ~$15.24/SF versus estimated market rents of $16–$18/SF, presenting potential additional NOI of ~$7,592–$27,602 annually as leases renew and rents adjust. With its national-brand tenant, diversified service and restaurant occupants, long-term leases, prominent corner location and established retail presence, River Bend Plaza offers an attractive opportunity for investors seeking commercial real estate income and long-term appreciation potential.
Size In Square Feet
10,005
Competition / Market
Income & Investment Potential The center's NNN and modified NNN lease structures provide tenant reimbursements for real estate taxes, insurance and common area maintenance. Separately metered utilities further reduce landlord operating responsibilities, while roof and structural obligations remain with ownership. Projected annual net base rental income totals $134,608 after contractual rent credits. Additional CAM and tax reimbursements total ~$92,669 annually.
Reason for Selling
Other interests.
Financials
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