841 E Rand Rd
Mount Prospect, IL 60056
Texas Roadhouse | 15Yr Corp Abs NNN · Retail Property For Sale
Investment Highlights
- Corporate Guaranteed 15-Year Ground Lease | Options to Extend | Scheduled Rental Increases | Brand New 2019 Construction
- Across from 24-Hour Walmart Supercenter | Strong National/Credit Tenant Presence
- Chicago MSA | Strong Demographics in 5-Mile Trade Area | Affluent 1-Mile Population | $113,178 AHHI
- Absolute NNN | Fee Simple Ownership | Zero Landlord Responsibilities
- Major Thoroughfare | Excellent Visibility & Access
Property Facts
Amenities
- Dedicated Turn Lane
- Pylon Sign
- Restaurant
- Signage
- Signalized Intersection
- Monument Signage
About 841 E RAND RD , MOUNT PROSPECT, IL 60056
The subject property is strategically located along E. Rand Road/US Route 12 (24,400 VPD), a major commuter thoroughfare serving the Chicago metropolitan area. The asset is ideally positioned directly across from Mount Prospect Plaza, a community shopping center anchored by a 24-hour Walmart Supercenter, promoting crossover shopping and store exposure for the site. Other nearby national/credit tenants include Costco, Ross Dress for Less, TJ Maxx, Menards, ALDI, Marshalls, LA Fitness, Walgreens, Dollar Tree, and more, further increasing consumer draw to the subject trade area. The 5-mile trade area is supported by a dense population of over 312,000 residents and 223,892 employees, Mount Prospect is known as an affluent suburban community of the Chicago MSA. Specifically, residents within a 1 mile of the subject property boast an impressive average household income in excess of $113,000.
Property Taxes
| Parcel Number | 03-35-302-019-0000 | Improvements Assessment | $282,714 |
| Land Assessment | $56,786 | Total Assessment | $339,500 |
Property Taxes
