400 S Randall Rd | Elgin, IL 60123
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- LoopNet Team
400 S Randall Rd
Elgin, IL 60123
400 South Randall Road · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- 100% Leased; Stabilized investment opportunity
- Asset lies in a densely populated area, with over 74,419 residents within 3-miles of the asset
- High traffic corridor with 50,510 VPD on Randall Road
- Complimentary mix of national and local retailers all signed to landlord favorable, low rent, net leases
- Average household income of more than $122,500 within a 3-mile radius of the property
- Surrounded by national retailers: Target, Hobby Lobby, Party City, Burlington, Big Lots, Aldi, Meijer, Menards, Sam’s Club, Walmart, and more
PROPERTY FACTS
Property Type
Retail
Property Subtype
Freestanding
Building Size
15,223 SF
Building Class
B
Year Built
1999
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.20
Lot Size
1.77 AC
Zoning
Area Business - GENERAL BUSINESS
Parking
83 Spaces (5.45 Spaces per 1,000 SF Leased)
Frontage
251’ on S. Randall Road
AMENITIES
- Pylon Sign
- Drive Thru
- Air Conditioning
PROPERTY TAXES
| Parcel Number | 06-21-151-010 | Improvements Assessment | $914,217 |
| Land Assessment | $398,744 | Total Assessment | $1,312,961 |
PROPERTY TAXES
Parcel Number
06-21-151-010
Land Assessment
$398,744
Improvements Assessment
$914,217
Total Assessment
$1,312,961
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