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- LoopNet Team
1007 E Rand Rd
Arlington Heights, IL 60004
Mattress Firm (Chicago MSA) · Retail Property For Sale
PROPERTY FACTS
AMENITIES
- Signage
- Signalized Intersection
ABOUT 1007 E RAND RD , ARLINGTON HEIGHTS, IL 60004
SVN Chicago is pleased to present the sale for this free standing single tenant net leased Mattress Firm property located in Arlington Heights, IL. This Mattress Store has been successfully operating since 1999 and has approximately 6 years remaining on the lease that expires May 31, 2025. This absolute net lease includes two 5-year options with 10% rent increases every 5 years. The 6080 SF building is well located in a predominant retail corridor along Rand Rd in Arlington Heights with 30,000 VPD. The tenant will benefit from upscale, infill demographics with a population and average annual household income of 129,892 people and $95,438, respectively within a 3-mile radius. This investment provides investors with the distinctive opportunity to acquire a high–quality, absolute net leased asset located in an upscale bedroom community within a densely developed retail corridor. Within this corridor the list of national retailers include: Jewel Osco, Best Buy, Binny's Beverage Depot and Dick's Sporting Goods just to name a few.
PROPERTY TAXES
| Parcel Number | 03-20-210-001-0000 | Improvements Assessment | $140,250 |
| Land Assessment | $93,750 | Total Assessment | $234,000 |
PROPERTY TAXES
