Log In/Sign Up
Your email has been sent.
1213-1221 E Rand Rd 27,712 SF 6% Leased Retail Building Arlington Heights, IL 60004 For Sale
Investment Highlights
- Anchored by AutoZone who is on a NNN lease with term through September 2033
- Large on-site parking lot and dual-sided monument signage along Rand Road providing visibility and exposure to approx. 26,700 VPD
- 53% leased, providing a value-add opportunity through lease-up or for an owner/user to purchase and occupy the vacancy
- Part of a larger development with co-tenant Goodwill, who occupies 20,000+ SF adjacent to Crest Furniture
Executive Summary
1213-1221 E Rand Road is a multi-tenant retail center located along the southwest side of Rand Road in Arlington Heights, Illinois (Chicago MSA). The Property was constructed in 1996 and totals 27,712 square feet across three (3) units. The center is 53% occupied with tenants AutoZone and Crest Furniture, providing potential buyers an opportunity to add value through lease-up. AutoZone occupies 8,125 square feet and is on a NNN lease with term through September 2033. The Property features a large on-site parking lot totaling over 80 spaces and dual-sided monument signage along Rand Road featuring visibility and exposure to approx. 26,700 VPD. The center is conveniently located two (2) miles east of Illinois Route 53 and five (5) miles from both Interstate-90 and Interstate-94 and is situated within a
dense commercial corridor with neighboring tenants including Jewel-Osco, Tony’s Fresh Market, ALDI, Trader Joe’s, Target, LA Fitness, Walgreens, Burlington, JoAnn Fabric & Crafts, Ross Dress For Less, Marshalls, Party City, Dollar Tree, Petco, Binny’s Beverage Depot, At Home, Floor & Décor, Sherwin Williams, Raising Cane’s, and Starbucks, among several others.
dense commercial corridor with neighboring tenants including Jewel-Osco, Tony’s Fresh Market, ALDI, Trader Joe’s, Target, LA Fitness, Walgreens, Burlington, JoAnn Fabric & Crafts, Ross Dress For Less, Marshalls, Party City, Dollar Tree, Petco, Binny’s Beverage Depot, At Home, Floor & Décor, Sherwin Williams, Raising Cane’s, and Starbucks, among several others.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Building Size
27,712 SF
Building Class
B
Year Built
1996
Percent Leased
6%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.37
Lot Size
1.72 AC
Zoning
B-2 - General Business District
Frontage
Amenities
- Pylon Sign
- Signage
Space Availability
- Space
- Size
- Space Use
- Position
- Available
Up to 12,982 SF of retail space for lease along Rand Road, just south of Palatine Road, in Arlington Heights. Opportunity to join co-tenants AutoZone, Goodwill, and Crest Home Furniture. The center features over 500' of frontage and signage potential along Rand Road, along with visibility and exposure to approx. 27,000 VPD
| Space | Size | Space Use | Position | Available |
| 1215 | 12,982 SF | Retail | In-Line | Now |
1215
| Size |
| 12,982 SF |
| Space Use |
| Retail |
| Position |
| In-Line |
| Available |
| Now |
1 of 2
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1215
| Size | 12,982 SF |
| Space Use | Retail |
| Position | In-Line |
| Available | Now |
Up to 12,982 SF of retail space for lease along Rand Road, just south of Palatine Road, in Arlington Heights. Opportunity to join co-tenants AutoZone, Goodwill, and Crest Home Furniture. The center features over 500' of frontage and signage potential along Rand Road, along with visibility and exposure to approx. 27,000 VPD
Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
20/100
Fairly bikeable
40/100
Nearby Major Retailers
Property Taxes
| Parcel Numbers | Improvements Assessment | $372,251 | |
| Land Assessment | $281,250 | Total Assessment | $653,501 |
Property Taxes
Parcel Numbers
Land Assessment
$281,250
Improvements Assessment
$372,251
Total Assessment
$653,501
Contacts
-
Matt Tarshis -
Andrew Rubin -
Andrew Picchietti -
Zack Pearlstein -
Andrew Slovis -
Frontline Real Estate Partners
1 of 4
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
