Retail Center on Algonquin
For Lease
Contact for pricing
1736 W Algonquin Rd, Arlington Heights, IL 60005
40,877 SF retail center undergoing complete redevelopment.
Space Size5,100 SF
Property Size40,877 SF
Days on Market1193
Property Features for 1736 W Algonquin Rd
General Information
Standard status
Active
Size
5,100 SF
Property subtype
Retail
Lease Type
NNN
Building Details
Building Size
40,877 SF
Tenancy
Multiple
Spaces For Lease
at 1736 W Algonquin Rd Contact us- Size
- 5,100 SF
- Type
- Retail
- Lease Type
- NNN
- Availability
- Active
1742
Listing Agency:
Brookline Real Estate
Listed By:
Michael Asfour · License #IL
(630) 590-5910
Source:
Crexi
Added: Jun 1, 2023
Changed: Aug 28
Last Checked: Sep 4 at 2:44PM
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 Brookline Real Estate
Investment Insights
Based on property information with market context.
Arlington Grand Plaza is a 40,877 square foot retail shopping center located on Algonquin Road in Arlington Heights, Illinois. The center is undergoing a complete redevelopment, with plans for modernized facades, a new parking lot, and new, enhanced landscaping. New pylon signage will be featured on Algonquin Road, which sees 27,000 daily vehicles. The center is located one block from I-90 and I-290 access ramps, within the Woodfield Mall Trade Area retail corridor. It is situated directly across from a Shell Gas Station and Dunkin', and nearby businesses within one block include McDonald's, Walmart, Starbucks, 7-Eleven, Auto Zone, Fifth Third Bank, and Lowe's. The property is densely surrounded by residential complexes and subdivisions.
Key Highlights
- High‑traffic location on Algonquin Road (27,000 daily vehicles) with new pylon signage.
- Undergoing complete redevelopment including modernized facades, new parking lot, and enhanced landscaping.
- Excellent access to I‑90 and I‑290, located one block from access ramps.
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$3.00 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
1,285
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 60005, IL
30,221
Population
13,511
Households
2.2
Avg Household Size
43
Median Age
57%
College-Educated
94%
High-School Grad
6.6 sq mi
ZIP Area
4,579
Density / Sq Mi
$100,304
Median Household Income
$62,323
Median Earnings
$1,621
Median Rent
$376,200
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Shopping center - 40,877 SF retail center undergoing complete redevelopment.
Where is this shopping center located?
The property is located at 1736 W Algonquin Rd Arlington Heights, IL.
What is the lease rate?
The lease rate is $20 SF/Yr.
What are key features of this property?
This property features: High‑traffic location on Algonquin Road (27,000 daily vehicles) with **new pylon signage**.; Undergoing **complete redevelopment including modernized facades, new parking lot, and enhanced landscaping**.; Excellent access to I‑90 and I‑290, located one block from access ramps.
