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Retail Space on Rand Road
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201-225 W Rand Rd, Mt Prospect, IL

Grocery store space with high visibility and loading dock.

Property Size33,414 SF
Lot Size9.47 Acres
Days on Market438

Property Features for 201-225 W Rand Rd

General Information

Standard status Active
Size 33,414 SF
Lot size 9.47 Acres
Property subtype RETAIL
Listing Agency: GreatStreet Realty Partners, LLC
Listed By: Sully Stadler
Source: Moodyscre
Added: May 19, 2025 Changed: Jul 10 Last Checked: Jul 21 at 6:58AM

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 GreatStreet Realty Partners, LLC

Investment Insights

Based on property information with market context.

This retail property offers 33,414 square feet of space. The property is a fully built-out grocery store with one dock-high loading door. It benefits from high visibility, with 27,000 vehicles per day on Rand Road. The location features a top-performing Northern Tool and Crunch Fitness.

Key Highlights

  • Fully built out grocery store
  • Visibility to 27,000 VPD on Rand Road
  • Top performing Northern Tool as tenant

Property Analytics

Current Use

Grocery and convenience stores

Suggested Use

Top Pick Real Estate Agency Law Firm Parking Lot & Garage Auto Parts Store Cafe & Coffee Shop Daycare Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

496
Businesses Nearby
170k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Dining 76% Shops & Services 21% Home Improvements & Furnishings 2% Electronics 1%
McDonald's Dining
30,630 visits/mo 0.4 miles
Chick-fil-A Dining
30,567 visits/mo 0.4 miles
Panera Bread Dining
19,914 visits/mo 0.5 miles
Starbucks Dining
18,006 visits/mo 0.4 miles
Chase Bank Shops & Services
11,219 visits/mo 0.5 miles

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
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Similar Off Market Nearby

  • Jewel-Osco — 333 E Euclid Ave, Mt Prospect, IL 60056

Frequently Asked Questions

What type of property is this?
Grocery and convenience store - Grocery store space with high visibility and loading dock.
Where is this grocery and convenience store located?
The property is located at 201-225 W Rand Rd Mt Prospect, IL.
What are key features of this property?
This property features: Fully built out grocery store; Visibility to 27,000 VPD on Rand Road; Top performing Northern Tool as tenant
(847) 472-5013 Call to check price and availability
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