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Dollar Tree NNN Retail Property
For Sale
Contact for pricing
Pending

1507 Rand Rd, Des Plaines, IL 60016

Single-tenant retail building occupied by Dollar Tree.

Property SizeContact for details
Days on Market142

Property Features for 1507 Rand Rd

General Information

Standard status Pending
Property subtype Retail
Listing Agency: Transwestern Houston
Listed By: Andrew Watson · License #IL 475136758
Source: Crexi
Added: Apr 12 Changed: Aug 30 Last Checked: Aug 30 at 11:50PM

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 Transwestern Houston

Investment Insights

Based on property information with market context.

The property consists of an approximately 8,300-square-foot retail building on approximately 26,767 square feet of land. Dollar Tree occupies the building, which is reported as 100% occupied. The offering includes the fee simple interest in the property.

Located at 1507 Rand Road in Des Plaines, Illinois, the asset is positioned in the Northwest suburbs of Chicago. Dollar Tree Stores Inc. operates more than 15,500 locations across 48 states and five Canadian provinces, and carries a Moody’s rating of Baa2.

Key Highlights

  • Approximately 8,300‑square‑foot retail building
  • Approximately 26,767 SF of land
  • 100% occupied by Dollar Tree

Property Analytics

Current Use

Dollar Tree Discount Store

Suggested Use

Top Pick Daycare Center Real Estate Agency Plumbing Service (Bike/Boat/Book/etc) Store Grocery & Convenience Store Tattoo & Piercing Shop

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

Location Intelligence

Trade Area within ½ mile

1,534
Businesses Nearby

Demographics for 60016, IL

61,888
Population
25,613
Households
2.4
Avg Household Size
42
Median Age
43%
College-Educated
89%
High-School Grad
12.1 sq mi
ZIP Area
5,115
Density / Sq Mi
$84,044
Median Household Income
$50,180
Median Earnings
$1,406
Median Rent
$300,700
Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
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Frequently Asked Questions

What type of property is this?
NNN property - Single-tenant retail building occupied by Dollar Tree.
Where is this nnn property located?
The property is located at 1507 Rand Rd Des Plaines, IL.
What are key features of this property?
This property features: Approximately 8,300‑square‑foot retail building; Approximately 26,767 SF of land; 100% occupied by Dollar Tree
More about this property
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