For Lease
  • For Sale
  • For Lease
  • Recently Sold
  • Property Lookup
  • Brokers
Back to Search

Sec Rand Rd & Palatine Rd Arlington Heights, IL

Loading data...
Loading data...
Loading data...
For Lease
Contact for pricing

Retail spaces and outlots available in Arlington Heights, Illinois.

Property size:
4,800 SF
Lot size:
2.15 Acres

Property Features for Sec Rand Rd & Palatine Rd

General Information

Size
4,800 SF
Lot size
2.15 Acres

Source: Mid-America Real Estate Group | Chicago Agent Brian Adams

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


Overview

Rand Road Retail Redevelopment Opportunity

This property presents a redevelopment opportunity situated in the heart of the Rand Road corridor, located at the intersection of three major six-lane roads. A comprehensive update is planned, including a new parking lot, lighting, landscaping, facades, and awnings. The location benefits from proximity to a major intersection with combined traffic counts exceeding 190,000 vehicles per day. Available spaces include a 2,169 square foot outlot with a drive-thru, and 11,841 divisible square feet in the North Shops. South Shops outlots offer pad opportunities on approximately 2.21 acres. A new multi-tenant building on Palatine Road with a drive-thru is slated for delivery in Spring 2023. Chipotle is relocating to a freestanding location with a Chipotlane, with an opening planned for Spring 2023. At Home furniture is expected to open in February 2023. The South Shop area is available for sale or lease redevelopment, with outlots up to 40,000 square feet or build-to-suit options on approximately 2.21 acres. Redevelopment of common areas is scheduled to begin in Summer 2023. The property offers flexible square footage and the opportunity to join new tenants such as AT&T, Consumers Credit Union, and future Bibibop. Plans include a facade uplift to the South Shops, along with shopping center enhancements including a new parking lot, landscaping, and lighting.
Location Intelligence

Current Use by Public Records

Drive through restaurants

Similar Places Nearby

Old Town Mall

Map

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

FAQs

What type of property is this?
Shopping center - Retail spaces and outlots available in Arlington Heights, Illinois.
Where is this shopping center located?
The property is located at Sec Rand Rd & Palatine Rd Arlington Heights, IL.
What are key features of this property?
This property features: - High-traffic location: Over 190,000 vehicles per day pass by at the major intersection.; - Redevelopment Opportunity: For Sale or Lease redevelopment of South Shop area. Outlots up to 40k SF or BTS on ~2.21 acres.; - New Multi-Tenant Building: Available on Palatine Rd with drive-thru (Delivery Spring 2023).
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message