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Palatine Retail Site For Lease
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1430-1450 N Rand Rd, Palatine, IL

1.605 acre site with drive-thru opportunities and high visibility.

Space Size4,800 SF
Lot Size1.61 Acres
Days on Market853

Property Features for 1430-1450 N Rand Rd

General Information

Standard status Active
Size 4,800 SF
Lot size 1.61 Acres
Property subtype RETAIL

Spaces For Lease

at 1430-1450 N Rand Rd Contact us

1402 North Rand Road

Floor
1
Size
4,800 SF
Type
RETAIL
Rate
Contact for pricing
Availability
AVAILABLE, Now
Sublease
No
1.605 Acre Site Multiple Site Plan Options and Building Configurations Drive-Thru...
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Listing Agency: Mid-America Real Estate Group | Chicago
Listed By: Brendan Reedy
Source: Moodyscre
Added: Apr 12, 2024 Changed: Aug 8 Last Checked: Aug 11 at 1:48PM

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 Mid-America Real Estate Group | Chicago

Investment Insights

Based on property information with market context.

This 1.605-acre site offers multiple site plan options and building configurations. Drive-thru pad opportunities are available. The location features direct signalized access from Rand Road, which ties into a Wal-Mart center. The property benefits from high traffic volume, with 30,000 vehicles per day on Rand Road. The property is suitable for retail use.

Key Highlights

  • Direct signalized access from Rand Rd which ties into Wal‑Mart Center
  • 1.605 acre site
  • High traffic volume with 30,000 VPD on Rand Road

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Law Firm Parking Lot & Garage Barber Shop (Bike/Boat/Book/etc) Store Plumbing Service Skin Care Clinic

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

926
Businesses Nearby
545k
Monthly Visits Nearby

Foot Traffic Nearby

Superstores 29% Dining 28% Shops & Services 24% Home Improvements & Furnishings 8%
Walmart Superstores
82,141 visits/mo 0.1 miles
Target Superstores
76,065 visits/mo 0.4 miles
The Home Depot Home Improvements & Furnishings
42,789 visits/mo 0.2 miles
McDonald's Dining
36,188 visits/mo 0.1 miles
Aldi Groceries
22,350 visits/mo 0.3 miles

Market

Lease Benchmarks for Palatine, IL

$28 /SF/Yr
Avg Asking Price
$21–$36 /SF/Yr
Price Range
4,018 SF
Avg Space Size

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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Frequently Asked Questions

What type of property is this?
Retail space - 1.605 acre site with drive-thru opportunities and high visibility.
Where is this retail space located?
The property is located at 1430-1450 N Rand Rd Palatine, IL.
What are key features of this property?
This property features: Direct signalized access from Rand Rd which ties into Wal‑Mart Center; 1.605 acre site; High traffic volume with 30,000 VPD on Rand Road
(630) 954-7390 Call to check price and availability
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