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    304-456 E Rand Rd Arlington Heights, IL

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    For Lease
    Contact for pricing

    Retail space for lease in a high-traffic shopping center.

    Property size:
    650 SF
    Lot size:
    21.30 Acres

    Property Features for 304-456 E Rand Rd

    General Information

    Size
    650 SF
    Lot size
    21.30 Acres

    Source: AmCap Inc | Denver Agent Jessica Hayes

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Active Retail Center Space Available

    Located in the northwest suburbs of Chicago, this retail center benefits from high visibility and exposure on three heavily traveled four-lane thoroughfares, generating over 100,000 cars per day. The center features a mix of anchor tenants, including Jewel-Osco, Marshall's, Office Depot, and Ross Dress For Less, alongside a variety of regional and national tenants. Available space measures 650 square feet.
    Location Intelligence

    Current Use by Public Records

    Retail space

    Similar Places Nearby

    Old Town Mall

    Map

    City
    Arlington Heights
    County
    Sangamon
    State
    Illinois
    Longitude
    -89.650338
    Latitude
    39.800566

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    FAQs

    What type of property is this?
    Shopping center - Retail space for lease in a high-traffic shopping center.
    Where is this shopping center located?
    The property is located at 304-456 E Rand Rd Arlington Heights, IL.
    What are key features of this property?
    This property features: - High visibility location with exposure on three heavily traveled thoroughfares.; - Exceptional daily shopper volume due to a strong combination of anchor tenants.; - Located in NorthPoint Center, a well-recognized retail center in Chicago's northwest suburbs.
    (303) 321-1500
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    304-456 E Rand Rd Arlington Heights, IL
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    Arlington Heights, IL
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    304-456 E Rand Rd Arlington Heights, IL
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