Log In/Sign Up
Your email has been sent.
30% occupied 4-unit retail building 760-836 E Rand Rd 31,276 SF Vacant Retail Building Arlington Heights, IL 60004 For Sale
Investment Highlights
- VALUE ADD OPPORTUNITY | 30% OCCUPIED SMALL SHOP STRIP
- LOCAL GOVERNMENT SUPPORT OF PROJECT
- THRIVING RETAIL MARKET
- OUTSTANDING SHADOW ANCHORS | STRONG CROSS TRAFFIC
- STABLE IN-PLACE TENANCY
- AFFLUENT DEMOGRAPHIC PROFILE
Executive Summary
Mid-America Real Estate Corporation has been retained on behalf of the owner to sell the 100% fee simple interest in the South Shops at Southpoint Shopping Center in Arlington Heights, IL. The offering represents an opportunity to acquire a 30% occupied 4-unit retail building with unmatched repositioning opportunity with direct exposure to Rand Road in the established upper-income Chicago suburb of Arlington Heights.
Property Facts
Sale Type
Investment
Property Type
Retail
Building Size
31,276 SF
Building Class
B
Year Built
1986
NOI
$65,743
Percent Leased
Vacant
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.06
Lot Size
12.81 AC
Zoning
B-3
Parking
350 Spaces (11.19 Spaces per 1,000 SF Leased)
Frontage
544’ on Rand Rd
Amenities
- Signage
Space Availability
- Space
- Size
- Space Use
- Position
- Available
- 14a
- 3,800 SF
- Retail
- -
- Now
- 14b
- 2,400 SF
- Retail
- -
- Now
3,400 SF retail space.
Former real estate office
1,135 SF retail space.
2,270 SF retail space.
1,495 SF retail space.
2,265 SF retail space.
2,263 SF retail space.
| Space | Size | Space Use | Position | Available |
| 14a | 3,800 SF | Retail | - | Now |
| 14b | 2,400 SF | Retail | - | Now |
| 15 | 3,400 SF | Retail | In-Line | Now |
| 16 | 11,479 SF | Retail | End Cap | Now |
| 17 | 1,135 SF | Retail | In-Line | Now |
| 18 | 2,270 SF | Retail | In-Line | Now |
| 19 | 1,495 SF | Retail | In-Line | Now |
| 20 | 2,265 SF | Retail | In-Line | Now |
| 22 | 2,623 SF | Retail | End Cap | Now |
14a
| Size |
| 3,800 SF |
| Space Use |
| Retail |
| Position |
| - |
| Available |
| Now |
14b
| Size |
| 2,400 SF |
| Space Use |
| Retail |
| Position |
| - |
| Available |
| Now |
15
| Size |
| 3,400 SF |
| Space Use |
| Retail |
| Position |
| In-Line |
| Available |
| Now |
16
| Size |
| 11,479 SF |
| Space Use |
| Retail |
| Position |
| End Cap |
| Available |
| Now |
17
| Size |
| 1,135 SF |
| Space Use |
| Retail |
| Position |
| In-Line |
| Available |
| Now |
18
| Size |
| 2,270 SF |
| Space Use |
| Retail |
| Position |
| In-Line |
| Available |
| Now |
19
| Size |
| 1,495 SF |
| Space Use |
| Retail |
| Position |
| In-Line |
| Available |
| Now |
20
| Size |
| 2,265 SF |
| Space Use |
| Retail |
| Position |
| In-Line |
| Available |
| Now |
22
| Size |
| 2,623 SF |
| Space Use |
| Retail |
| Position |
| End Cap |
| Available |
| Now |
15
| Size | 3,400 SF |
| Space Use | Retail |
| Position | In-Line |
| Available | Now |
3,400 SF retail space.
16
| Size | 11,479 SF |
| Space Use | Retail |
| Position | End Cap |
| Available | Now |
Former real estate office
17
| Size | 1,135 SF |
| Space Use | Retail |
| Position | In-Line |
| Available | Now |
1,135 SF retail space.
18
| Size | 2,270 SF |
| Space Use | Retail |
| Position | In-Line |
| Available | Now |
2,270 SF retail space.
19
| Size | 1,495 SF |
| Space Use | Retail |
| Position | In-Line |
| Available | Now |
1,495 SF retail space.
20
| Size | 2,265 SF |
| Space Use | Retail |
| Position | In-Line |
| Available | Now |
2,265 SF retail space.
22
| Size | 2,623 SF |
| Space Use | Retail |
| Position | End Cap |
| Available | Now |
2,263 SF retail space.
Walk Score®
Very Walkable (74)
Nearby Major Retailers
Property Taxes
| Parcel Number | 03-20-203-016-0000 | Improvements Assessment | $547,669 |
| Land Assessment | $342,578 | Total Assessment | $890,247 |
Property Taxes
Parcel Number
03-20-203-016-0000
Land Assessment
$342,578
Improvements Assessment
$547,669
Total Assessment
$890,247
Contacts
-
Emily Gadomski -
George Ghattas -
Nicholas Kohlmann -
Olivia Palmer -
Mid-America Real Estate Corp.
1 of 11
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Presented by
30% occupied 4-unit retail building | 760-836 E Rand Rd
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.