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Corporate 7-Eleven Gas Station
New
For Sale
$3,966,761

630 W Rand Rd, Mount Prospect, IL 60056

Freestanding convenience operation offers 24/7 fuel and diesel service under a triple-net lease structure.

Property Size3,245 SF
Lot Size0.76 Acres
Price / SF$1,222
Days on Market2

Property Features for 630 W Rand Rd

General Information

Standard status Active
Size 3,245 SF
Lot size 0.76 Acres
Property subtype Auto Service - Gas-Conv
Occupancy 100%
Lease Type Absolute Net
Net Operating Income $198,338

Additional Details

Cap Rate 5%
Road Access Yes

Amenities

Corporate-Guaranteed 7-Eleven Lease | 8.5 Years Remaining
NNN Lease Structure | Limited Landlord Responsibility
7.5% Rent Increases Every 5 Years
24/7 Fuel & Convenience Store | Rand Road Corridor
Dense Infill Chicago Suburban Trade Area | 332K+ Residents Within 5 Miles
Randhurst Retail Node | Costco, AMC, Home Depot & Jewel-Osco

Building Details

Building Size 3,245 SF
Buildings 1
Tenancy Single
Abandoned No
Listing Agency: Deltondo Advisory Group Irvine
Listed By: Peter Deltondo · License #License(s): CA: 01797033
Source: Marcusmillichap
Added: Aug 13 Changed: Aug 14 Last Checked: Aug 14 at 3:41AM

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 Deltondo Advisory Group Irvine

Investment Insights

Based on property information with market context.

This freestanding 7-Eleven property combines a convenience store with fuel and diesel service. The building contains 3,245 SF on a 0.76-acre parcel, with the official store profile identifying 24/7 operations. A corporate guaranty supports the lease, which runs through December 31, 2034 and includes three 5-year renewal options. The triple-net structure assigns operating expenses to the tenant, while landlord obligations are limited to the structure and foundation.

The property sits along Mount Prospect’s Rand Road retail corridor near Randhurst Village. Nearby retail destinations identified in the property information include Costco, AMC Theatres, Home Depot, Jewel-Osco, PetSmart, and TJ Maxx. The surrounding 5-mile area includes 332,668 residents and a reported daytime population of 194,199.

Key Highlights

  • 3,245 SF freestanding 7‑Eleven with fuel and diesel service
  • 24/7 operations listed in the official store profile
  • 0.76‑acre / 34,000 SF parcel

Property Analytics

Current Use

7-Eleven Grocery & Convenience Store Western Union Bank bp Car Wash

Suggested Use

Top Pick Law Firm Real Estate Agency Parking Lot & Garage Cafe & Coffee Shop Grocery & Convenience Store Computer & Electronic Repair

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

100%
Occupancy
Single-tenant
Tenancy
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

631
Businesses Nearby
46k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 70% Dining 24% Home Improvements & Furnishings 6%
Chase Bank Shops & Services
11,219 visits/mo 0.5 miles
7-Eleven Shops & Services
10,198 visits/mo 0.1 miles
Mobil Shops & Services
8,091 visits/mo 0.1 miles
McAlister's Deli Dining
6,691 visits/mo 0.5 miles
Nothing Bundt Cakes Dining
4,366 visits/mo 0.5 miles

Demographics for 60056, IL

57,177
Population
23,202
Households
2.5
Avg Household Size
41
Median Age
49%
College-Educated
92%
High-School Grad
10.9 sq mi
ZIP Area
5,246
Density / Sq Mi
$104,168
Median Household Income
$54,158
Median Earnings
$1,456
Median Rent
$376,300
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
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Frequently Asked Questions

What type of property is this?
Gas station - Freestanding convenience operation offers 24/7 fuel and diesel service under a triple-net lease structure.
Where is this gas station located?
The property is located at 630 W Rand Rd Mount Prospect, IL.
What is the asking price?
The asking price for this property is $3,966,761.
What are key features of this property?
This property features: 3,245 SF freestanding 7‑Eleven with fuel and diesel service; 24/7 operations listed in the official store profile; 0.76‑acre / 34,000 SF parcel
More about this property
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