481-533 E Roosevelt Rd
Lombard, IL 60148
High Point Centre · Retail Property For Sale · 239,969 SF Total

High Point Centre presents a rare opportunity to acquire a 100% fee simple interest in a well-located community shopping center in Lombard, Illinois. Positioned along the highly trafficked Roosevelt Road corridor, this 240,345 SF property spans 35.5 acres and offers significant value-add potential. The center is currently 68.4% occupied, including temporary tenants, with nearly 120,000 SF of available space, including a 62,000 SF anchor box and junior anchor spaces. The As-Is NOI is $2,077,105 and the stabilized NOI is $3,781,765.
The property benefits from strong demographics, with over 100,000 residents and an average household income of $147,000 within a 3-mile radius. Its location in DuPage County provides a tax advantage compared to Cook County, with current property taxes at $2.03 PSF. High Point Centre is anchored by LA Fitness and Altitude Trampoline Park, complemented by a mix of national and local tenants such as Burger King, Tropical Smoothie Cafe, and Farmers Insurance.
With multiple freeway access points, proximity to major retail destinations like Yorktown Center and Oakbrook Center, and an undeveloped outparcel for future growth, this asset offers investors a compelling opportunity to reposition and stabilize at market rents, driving NOI growth and long-term value.