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1529 Rand Rd 2,280 SF of Retail Space Available in Des Plaines, IL 60016
HIGHLIGHTS
- Building also available for sale.
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- CEILING
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Ceiling | Term | Rental Rate | Rent Type | |
| 1st Floor, Ste Full Building | 2,280 SF | 15’ - 16’ | Negotiable | $50.00 /SF/YR $4.17 /SF/MO $114,000 /YR $9,500 /MO | Triple Net (NNN) |
1st Floor, Ste Full Building
Offered at $50.00/SF NNN, this high-visibility commercial property features a 3,511 SF freestanding building situated on a 27,678 SF lot (approximately 0.65 acres). Ideally positioned at the corner of Rand Rd and South River Rd, the property boasts 327 feet of frontage and exposure to over 20,000 vehicles per day, making it a prime location for automotive, showroom, or service-oriented businesses. The space includes modern, updated office areas with 15’ ceilings, epoxy flooring, sustainable lighting, a high-power EV charger, and one 8' x 12' drive-in door. The lot also includes new seal coating and striping and dual access points for easy ingress and egress. The property is zoned C-3 and supports a wide range of commercial uses.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Professional Services Office
- Space is an outparcel at this property
- Finished Ceilings: 15’ - 16’
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
PROPERTY FACTS
| Total Space Available | 2,280 SF | Gross Leasable Area | 2,280 SF |
| Property Type | Retail | Year Built | 2020 |
| Property Subtype | Auto Dealership | Parking Ratio | 17.54/1,000 SF |
| Total Space Available | 2,280 SF |
| Property Type | Retail |
| Property Subtype | Auto Dealership |
| Gross Leasable Area | 2,280 SF |
| Year Built | 2020 |
| Parking Ratio | 17.54/1,000 SF |
ABOUT THE PROPERTY
Located in the heart of Des Plaines, IL, 1529 Rand Rd offers easy access to the Chicago market and is just minutes from O’Hare International Airport, making it ideal for businesses with regional or national reach. Surrounded by high-traffic retail, dining, and entertainment, including Allstate Arena and Rivers Casino, this location provides excellent visibility and accessibility.
- Pylon Sign
- Signage
NEARBY MAJOR RETAILERS
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1529 Rand Rd
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