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PROPERTY/LOT
IMMEDIATE LOCATION
AREA LOCATION
TENANT ATTRIBUTES
INVESTMENT/GUARANTOR
DOM: 73 Updated: 08.06.25 Posted: 08.06.25 Status: Active     08.06.25

Summary

Price $7,482,000
Built/Renov 2000
Tenant Kohl's
Cap Rate 8.00%
Lease Type Abs NNN
Guarantor Corp T and Rated
Size/SF 86,776
Lease Start 02-02-2000
#Units 1,174
Price/SF $86.22
Expiration 02-02-2030
Tenant Type Big Box Retail
NOI $598,560
R. Term 4.3
Ownership Fee Simple
Rent/SF $6.90
Increases 9.1%/6/yrs
Pop 5Mi 143,925
Lot/AC 7.80
Options 6/5yrs/9.1%
AHHI 5Mi $129,074

Highlights

  • Recently exercised lease option through 2030

  • Single-digit rent of $6.90 PSF - Large 7.8-acre lot

  • Sephora at Kohl’s drives beauty sales growth, with a 6% year-over-year increase in Q1 2025 and 13% comparable beauty sales rise in Q4 2024

  • Located along East Rollins Road (26,200 VPD) and near IL Route 82 (21,200 VPD)

Location Description

Kohl’s is strategically located at the signalized, hard-corner intersection of East Rollins Road and North Cedar Lake Road. The property is a key anchor within Round Lake Commons, a major shopping center that includes national retailers such as Walmart, The Home Depot, PetSmart, Jewel-Osco, Marshalls, Aldi, and Five Below. The five-mile trade area includes approximately 143,925 residents with...

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Maps

  • 1 Mile
  • 3 Miles
  • 5 Miles

Tenant

About Tenant

Kohl's Corporation (Kohl’s) (NYSE: KSS) is an American department store retail chain that sells moderately-priced private and national brand apparel, footwear, accessories, beauty, and home...


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Demographics

  1 Miles 3 Miles 5 Miles
2030 Total Population : 14,660 67,936 141,474
2025 Total Population : 14,867 68,726 143,169
2025 Employed Civilian Pop : 7,875 35,546 74,588
2025 Total Businesses : 349 1,385 3,237
2025 Average Household Income : $ 112,202 $ 122,235 $ 134,234
2025 Total Consumer Spending : $ 464 M $ 2498 M $ 5991 M
2025 Median Age : 36 37 39
2025 Total Households : 4,767 23,661 52,035
2025 Pop Age 25+: Bachelor's Degree : 1,323 9,209 25,706
2025 Average Home Value : $ 246,878 $ 277,738 $ 306,465
*ESRI data is presented for informational purposes only

Traffic

Collection Street Cross Street Year Traffic Vol Distance
N Orchard Ln E Rollins Rd 2008 5,239 0.18 mi
East Rollins Road N Elm Ave 2022 26,200 0.19 mi
E Rollins Rd N Poplar Ave 2008 22,702 0.20 mi
East Rollins Road N PkDr 2022 26,200 0.22 mi
E Rollins Rd E End Ave 2011 23,800 0.28 mi
East Rollins Road N Orchard Ln 2022 26,200 0.42 mi
Clarendon Dr N Leslie Ave 2011 1,500 0.45 mi
East Hawthorne Drive N Melrose Ave 2022 750 0.51 mi
E Clarendon Dr W End Ave 2011 1,500 0.59 mi
Hook Dr Barron Blvd 2011 6,000 0.61 mi

Listing Broker

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