713-715 E Palatine Rd Arlington Heights, IL
Prime retail spaces available for lease in Arlington Heights, IL.
Property size:
4,800 SFLot size:
1.24 AcresProperty Features for 713-715 E Palatine Rd
General Information
- Size
- 4,800 SF
- Lot size
- 1.24 Acres
Source:
Moodyscre
Listing Agent: Brian Adams
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
Retail Redevelopment Opportunity
This retail property is situated between three major six-lane roads in the heart of the Rand Rd corridor, offering a redevelopment opportunity. Comprehensive updates are planned, including a new parking lot, lighting, landscaping, facades, and awnings. The property features a Palatine Outlot of 2,169 square feet with a drive-thru, and North Shops offering 11,841 divisible square feet. South Shops Outlots provide pad opportunities on approximately 2.21 acres. The location benefits from proximity to a major intersection with combined traffic counts exceeding 190,000 vehicles per day. A new multi-tenant building on Palatine Rd 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. A new At Home furniture store is coming in February 2023. The redevelopment of common areas is scheduled to start in Summer 2023. 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. The property offers opportunities for outlots up to 40,000 square feet or build-to-suit options on approximately 2.21 acres.
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
Nearby Similar for Lease
FAQs
What type of property is this?
Shopping center - Prime retail spaces available for lease in Arlington Heights, IL.
Where is this shopping center located?
The property is located at 713-715 E Palatine Rd Arlington Heights, IL.
What are key features of this property?
This property features: - High-traffic location: Over 190,000 vehicles pass by daily.; - Redevelopment opportunity: Up to 40,000 SF available for sale or lease in the South Shops area, or Build-to-Suit on ~2.21 acres.; - Drive-thru availability: 2,169 SF Palatine Outlot with drive-thru.