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Restaurant Space with Outdoor Patio
For Lease
$32 SF/Yr

2506 North Randall Rd, Elgin, IL 60124

Former 1,739 SF restaurant space includes a 20x18 outdoor patio for seasonal dining.

Space Size1,739 SF
Property Size7,896 SF
Days on Market50

Property Features for 2506 North Randall Rd

General Information

Standard status Active
Size 1,739 SF
Total Parking Spaces 95
Property subtype Restaurant Space
Lease Term NNN

Site & Location

Traffic Count 45,000 vehicles/day
Highway Access Yes
Road Access Yes

Additional Details

Clear Height 14 ft
Commercial Hood Yes

Building Details

Building Size 7,896 SF
Year Built 2021

Spaces For Lease

at 2506 North Randall Rd Contact us

2506 $32/SF/Yr

Size
1,739 SF
Type
Restaurant
Term
Negotiable
Contact us
Listing Agency: Premier Commercial Realty
Listed By: Michael Deacon · License #475113064
Source: Premiercommercialrealty
Added: Jul 19 Changed: Sep 5 Last Checked: Aug 22 at 12:56PM

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 Premier Commercial Realty

Investment Insights

Based on property information with market context.

Former restaurant space for lease offering approximately 1,739 SF of interior dining and service area. The layout features a 14-ft high open ceiling in the dining area, and includes a 20 x 18 outdoor patio for seasonal dining at no extra cost.

The space is located on high-traffic Randall Rd, with 45,000 vehicles per day, about one mile north of I-90. The property provides 95 common parking spaces, or 12 per 1,000 SF. Signage opportunities are available above the front entrance and on two monument signs, supporting visibility for new operators.

A prior tenant is requesting $60,000 to leave existing fixtures, furniture, and equipment, including items such as upright coolers and freezers, a hood and fire suppression system, cooking equipment, booths, tables, chairs, racks, and other cookware and supplies. Other tenants in the center include Chipotle, Verizon, and Poke West.

Key Highlights

  • Former 1,739 SF restaurant space for lease in a building built in 2021
  • Includes a 20 x 18 outdoor patio for seasonal dining at no extra cost
  • Dining area features a 14 ft high open ceiling

Property Analytics

Current Use

Triple Berry Café Restaurant

Suggested Use

Top Pick Plumbing Service Storage Facility Garden Center Furniture & Home Goods Grocery & Convenience Store Dental Office

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

14 ft
Clear height
45,000 VPD
Traffic count
Yes
Highway access
Yes
Paved road access
Yes
Commercial hood
NNN (Triple Net)
Lease Type
$4.80 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

259
Businesses Nearby
63k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Dining 57% Shops & Services 35% Electronics 5% Hotels & Casinos 3%
Shell Shops & Services
22,101 visits/mo 0.1 miles
Panera Bread Dining
18,781 visits/mo 0.1 miles
Starbucks Dining
12,302 visits/mo 0.1 miles
Chipotle Mexican Grill Dining
3,024 visits/mo 0.1 miles
Verizon Electronics
2,997 visits/mo 0.2 miles

Demographics for 60124, IL

24,859
Population
8,806
Households
2.8
Avg Household Size
42
Median Age
50%
College-Educated
96%
High-School Grad
38.2 sq mi
ZIP Area
651
Density / Sq Mi
$135,350
Median Household Income
$66,217
Median Earnings
$1,956
Median Rent
$403,300
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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Former 1,739 SF restaurant space includes a 20x18 outdoor patio for seasonal dining.
Where is this conventional restaurant located?
The property is located at 2506 North Randall Rd Elgin, IL.
What is the lease rate?
The lease rate is $32 SF/Yr.
What are key features of this property?
This property features: Former 1,739 SF restaurant space for lease in a building built in 2021; Includes a 20 x 18 outdoor patio for seasonal dining at no extra cost; Dining area features a 14 ft high open ceiling
More about this property
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