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1736 Algonquin Rd Arlington Heights, IL 60005

Sponsored
For Lease
$20 SF/Yr

Prime Medical Office, Retail & Fitness Space

Lot size:
40,877 SF

Description

Added:
Dec 11, 2024
Days on Market:
393
Arlington Grand Plaza, a 40,877 square foot retail center in Arlington Heights, IL, is undergoing a complete redevelopment. This single-story property, located on busy Algonquin Road, offers a unique opportunity for multiple tenants. Its strategic location, one block from I-90 and I-290 access ramps, places it within the high-traffic Woodfield Mall Trade Area. The redevelopment includes modernized facades, a new parking lot, and enhanced landscaping, creating a fresh and appealing environment. A new pylon sign on Algonquin Road (27,000 daily vehicles) will ensure high visibility. The property benefits from excellent neighboring businesses, including a Shell Gas Station, Dunkin', McDonald's, Walmart, Starbucks, 7-Eleven, Auto Zone, Fifth Third Bank, and Lowe's, ensuring high foot traffic and convenient access for patients and customers. The surrounding area is densely populated with residential complexes and subdivisions, providing a strong local market. The property's diverse subtype offerings, including medical office, drive-thru, and fitness spaces, cater to a wide range of potential tenants. No elevators are present in this single-story building. This Cook County property presents a compelling investment opportunity in a thriving retail corridor.

Property Features for 1736 Algonquin Rd

General Information

Property type
Restaurants
Lease Type
Gross Lease
RSF (Rentable sq. ft)
40,877 SF
Total Rate
68128.33

Building Details

Stories
1

Unit(s) available at that property

Space
1790
Size
600 SF
Space
1746
Size
1,058 SF
Rate per SF
$20
Space
1742
Size
5,100 SF
Rate per SF
$20
Space
1736 A
Size
4,000 SF
Rate per SF
$20

HighLights

  • 40,877 SF retail shopping center in Arlington Heights, IL.
  • Located on Algonquin Road, one block from I‑90 and I‑290 interchanges.
  • Undergoing complete redevelopment including modernized facades, new parking lot, and landscaping.
  • New pylon signage planned on Algonquin Road (27,000 VPD).
  • Excellent location near Woodfield Mall, with nearby national retailers including McDonald's, Walmart, Starbucks, and Lowe's.
  • High visibility and strong traffic counts.
Property Profile Location Intelligence

Current Use by Public Records

R A C Acceptance Furniture Rental Service

Suggested Use

Law Firm Restaurant Realty agency Spa & Massage Hair Salon Dental Office Nail Salon Clothing Store Food Market Grocery Store

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Arlington Heights
County
Cook
State
Illinois
Longitude
-88.0050318
Latitude
42.0574108

FAQs

What type of property is this?
Restaurant - Prime Medical Office, Retail & Fitness Space
Where is this restaurant located?
The property is located at 1736 Algonquin Rd Arlington Heights, IL.
What is the lease rate?
The lease rate is $0.00-$20 SF/Yr.
What are key features of this property?
This property features: 40,877 SF retail shopping center in Arlington Heights, IL.; Located on Algonquin Road, one block from I-90 and I-290 interchanges.; Undergoing complete redevelopment including modernized facades, new parking lot, and landscaping.
More about this property
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