Arlington Heights Retail Center For
For Sale
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1213-1221 E Rand Rd, Arlington Heights, IL 60005
Multi-tenant retail center with value-add opportunity in Arlington Heights, IL.
Property Size27,712 SF
Days on Market269
Property Features for 1213-1221 E Rand Rd
General Information
Standard status
Active
Size
27,712 SF
Class
B
Property subtype
Retail
Building Details
Building Size
27,712 SF
Year Built
1996
Listing Agency:
Frontline Real Estate Partners, LLC
(847) 542-9058
Listed By:
Matthew Tarshis · License #475156642
(847) 542-9058
Source:
Frontlinerepartners
Added: Nov 21, 2025
Changed: Aug 8
Last Checked: Aug 8 at 4:54AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Frontline Real Estate Partners, LLC
Investment Insights
Based on property information with market context.
The multi-tenant retail center at 1213-1221 E Rand Road, Arlington Heights, Illinois, offers a commercial opportunity in the Chicago MSA. Constructed in 1996, the property totals 27,712 square feet across three units and is located along the southwest side of Rand Road. The center is 53% occupied, presenting a value-add opportunity through lease-up. AutoZone, a current tenant, occupies 8,125 square feet under a NNN lease extending through September 2033. The property features a large on-site parking lot with over 80 spaces and dual-sided pylon signage along Rand Road, providing visibility to approximately 26,700 vehicles per day. It is situated in a dense commercial corridor near Jewel-Osco, Tony’s Fresh Market, ALDI, Trader Joe’s, Target, LA Fitness, Walgreens, Burlington, JoAnn Fabric & Crafts, Ross Dress For Less, Marshalls, Party City, Dollar Tree, Petco, Binny’s Beverage Depot, Ulta Beauty, At Home, Floor & Décor, Sherwin Williams, Goodwill, Salvation Army, Zen Leaf, Raising Cane’s, Starbucks, Dunkin’, Subway, and Burger King. The property is approximately two miles east of Illinois Route 53, five miles from both Interstate-90 and Interstate-94, and 1.5 miles north of the Arlington Heights Metra Station. The surrounding area is densely populated, with over 127,000 residents within a three-mile radius and an average household income exceeding $140,000 within one mile. The property is part of a larger development with co-tenant Goodwill.
Key Highlights
- NNN lease with AutoZone through September 2033 provides stable, long‑term income.
- Value‑add opportunity through lease‑up of the 47% vacancy.
- Located in a dense, affluent area with high population and household income.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,285
Businesses Nearby
Explore this area
Business Placement
Demographics for 60005, IL
30,221
Population
13,511
Households
2.2
Avg Household Size
43
Median Age
57%
College-Educated
94%
High-School Grad
6.6 sq mi
ZIP Area
4,579
Density / Sq Mi
$100,304
Median Household Income
$62,323
Median Earnings
$1,621
Median Rent
$376,200
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Strip mall - Multi-tenant retail center with value-add opportunity in Arlington Heights, IL.
Where is this strip mall located?
The property is located at 1213-1221 E Rand Rd Arlington Heights, IL.
What are key features of this property?
This property features: NNN lease with AutoZone through September 2033 provides stable, long‑term income.; Value‑add opportunity through lease‑up of the 47% vacancy.; Located in a dense, affluent area with high population and household income.
