1500 S Randall Rd | Algonquin, IL 60102
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- LoopNet Team
1500 S Randall Rd
Algonquin, IL 60102
Ashley Furniture | NNN | Below Mkt Rent · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Strong National Tenant–Ashley Furniture
- Irreplaceable Pad Building to the Most Dominant Regional Center in the Trade Area
- Below Market Rent ($9.50 PSF) / Long Term Intrinsic Value / Below Replacement Cost
- One of Largest & Strongest Franchisee – Dufresne Spencer Group, LLC
- Co-Anchor Tenants Include: Trader Joe’s, Ulta Beauty, Nordstrom Rack, Ross, Dick’s Sporting Goods, DSW, Old Navy, Hollister, PacSun, Victoria’s Secret
- Excellent Retail Corridor & Affluent Demographics | Over $115,000 AHHI within 20-Miles | Over 1,479,000 People within 20 Miles | Over 734,000 Daytime
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
48,397 SF
Building Class
B
Year Built/Renovated
2006/2022
Tenancy
Single
Building Height
1 Story
Building FAR
0.34
Lot Size
3.26 AC
Zoning
B-2 - Business, General Retail
Parking
150 Spaces (0 Spaces per 1,000 SF Leased)
Frontage
264’ on Randall Rd
AMENITIES
- Pylon Sign
- Signage
- Monument Signage
PROPERTY TAXES
| Parcel Number | 03-06-226-002 | Improvements Assessment | $3,028,262 |
| Land Assessment | $3,476,924 | Total Assessment | $6,505,186 |
PROPERTY TAXES
Parcel Number
03-06-226-002
Land Assessment
$3,476,924
Improvements Assessment
$3,028,262
Total Assessment
$6,505,186
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