Abbott Labs (NYSE: ABT) Anchored Flex Opportunity — Sale in Buffalo Grove, IL

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Office
  • Location: Buffalo Grove, IL 60089
  • Year built: 1996

Photos

Abbott Labs (NYSE: ABT) Anchored Flex Opportunity — Sale in Buffalo Grove, IL, photo 1 of 2
Abbott Labs (NYSE: ABT) Anchored Flex Opportunity — Sale in Buffalo Grove, IL, photo 2 of 2

Investment Figures

Cap rate
9.26%

Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.

Description

1250 Barclay Boulevard is located within the Arbor Creek Business Centre, a well-established business park in the northeastern portion of Buffalo Grove, Illinois. The area consists primarily of light industrial, office, research & development, and flex-space buildings occupied by manufacturing, technology, healthcare, logistics, and professional service companies. The property benefits from excellent regional accessibility and low Lake County taxes. The purchase of this offering presents an investor with the opportunity to own a stabilized office/flex asset. With a list price of $5,250,000, the investment offering will generate an in-place net operating income of $485,968 in Year 1, which equates to a capitalization rate of 9.26%. The subject property totals approximately 30,340 square feet and is fully occupied by Abbott Laboratories and Chicago Quick Clean, LLC (acquired by MA Building Services). Abbott Laboratories occupies 12,401 square feet of space, with a lease term that goes through August 31, 2029. Chicago Quick Clean, LLC recently signed an 11-year lease commencing on May 8, 2026, running through May 31, 2037, occupying 17,939 square feet. The property boasts a weighted average lease term of 7.3 years. Investment Highlights: • Stabilized Multi-Tenant Office/Flex Investment Opportunity • WALT: 7.3 Years • Significant Anchor Tenant | Abbott Laboratories (NYSE: ABT) | $44.3 Billion Total Revenue in 2025 • Brand New 11-Year Lease Through May 31, 2037, with Chicago Quick Clean, LLC (Acquired by MA Building Services) • Strong Suburban Demographics and Labor Pools • Convenient Accessibility | 10-Minute Drive from I-94 and I-294 | 25-Minute Drive from O'Hare International Airport • Low Lake County Taxes

Market Context

This office in Buffalo Grove, IL is listed for sale. It is offered at an approximate 9.3% capitalization rate, a key benchmark for income-producing office assets. The building dates to 1996. Compare it against other office listings for sale in Buffalo Grove, IL — view the full market.

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