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    805-813 Rand Rd Arlington Heights, IL 60004

    Sponsored
    For Lease
    $20 SF/Yr ($16,483 /Mo)

    Arlington Heights Retail Space Available

    Lot size:
    9,890 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    Greenbriar Plaza, located at 805-813 W. Rand Rd in Arlington Heights, IL (60004), presents a prime retail opportunity. This single-story, 9,890 square foot building sits on a 29,839 square foot lot and features 10 suites, with two currently available for lease. The property boasts a highly visible location at the intersection of Rand Rd. and Kennicott Dr., ensuring excellent customer accessibility. Zoned B-2 General Business District (Cook County, APN: 03-18-207-010-0000), this established shopping center offers ample parking for patrons. The well-maintained building provides a high-quality environment for tenants, making it an ideal location for businesses seeking to thrive in a bustling Arlington Heights community. The property is easily accessible and benefits from high visibility, attracting a significant customer base. No elevators are present. This is a multi-tenant retail property offering a strong opportunity for growth and success.

    Property Features for 805-813 Rand Rd

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    9,890 SF
    Total Rate
    16483.33

    Building Details

    Buildings
    1
    Stories
    1

    Unit(s) available at that property

    Space
    807B
    Size
    960 SF
    Rate per SF
    $20
    Space
    805B
    Size
    960 SF
    Rate per SF
    $20

    HighLights

    • High‑visibility Rand Road location with excellent street frontage.
    • Pylon signage opportunity available.
    • Excellent ingress/egress at signalized Rand Road intersection.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing 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
    -87.99266471
    Latitude
    42.12079165

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    FAQs

    What type of property is this?
    Retail property - Arlington Heights Retail Space Available
    Where is this retail property located?
    The property is located at 805-813 Rand 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-visibility Rand Road location with excellent street frontage.; Pylon signage opportunity available.; Excellent ingress/egress at signalized Rand Road intersection.
    Request Owner's contact information
    805-813 Rand Rd Arlington Heights, IL 60004
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    Arlington Heights, IL 60004
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    805-813 Rand Rd Arlington Heights, IL 60004
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