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.
Your message has been sent!
Activate your LoopNet account now to track properties, get real-time alerts, save time on future inquiries, and more.