Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    3930 Ventura Dr Arlington Heights, IL 60004

    For Lease
    $10 SF/Yr

    Arlington Heights Flex Space - 2,724 SF Available

    Lot size:
    54,976 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional single-story flex/R&D space, part of the Commerce Point Tech Center, offers 2,724 square feet of immediately available space within a larger 54,976 square foot building. The property boasts a 12-foot ceiling height, perfect for various uses. The space includes existing refrigeration and freezer units capable of reaching -30°C, making it ideal for lab, showroom, or food production businesses. High-power electrical service (600 amps, 3-phase) is readily available. The building features two loading docks and one drive-in door for convenient access and loading/unloading. Ample parking is provided at a ratio of 3 spaces per 1,000 square feet. The property is zoned M-1, allowing for a wide range of industrial uses. Its strategic location in Arlington Heights offers excellent access to major transportation arteries, including I-53, Dundee Road, and Lake Cook Road. The property's three suites are currently under multiple tenancies. The 2023 property taxes are $6.48 per square foot, and the 2023 operating expenses are $2.13 per square foot. This is a rare opportunity to secure high-quality flex space with existing specialized equipment in a prime Arlington Heights location.

    Property Features for 3930 Ventura Dr

    General Information

    Property type
    Flex space
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    54,976 SF
    Total Rate
    45813.33

    Building Details

    Stories
    1

    Unit(s) available at that property

    Space
    Suite 200 A
    Size
    2,724 SF
    Rate per SF
    $10

    HighLights

    • Single‑story flex/R&D space with existing refrigeration and freezer units.
    • Suitable for lab, showroom, or food production.
    • High‑power (600 Amps, 3‑phase) electrical service.
    • M‑1 zoning in Arlington Heights.
    • Excellent access to I‑53, Dundee Road, and Lake Cook Road.
    • 2023 property taxes: $6.48/SF.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    MSI Technology Research Institute Sonoco Protective Solutions Corporate Office Soarus Professional Services SCA Thermosafe Packaging Supply Store

    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
    -88.0032108
    Latitude
    42.1464693

    Nearby Similar for Lease

    • $12 SF/Yr

      Arlington Heights Office Space Available

      Modern office space with flexible plans and convenient location.
      505 E Golf Rd, Arlington Heights, IL 60005
      View Details
    • Contact for pricing
      4,800 SF

      Rand Road Retail Redevelopment Opportunity

      Retail spaces and outlots available in Arlington Heights, Illinois.
      Sec Rand Rd & Palatine Rd, Arlington Heights, IL
      View Details
    • Contact for pricing
      11,841 SF

      Rand Road Retail Redevelopment Opportunity

      Retail spaces for lease with redevelopment and high traffic counts.
      Sec Rand Rd & Palatine Rd, Arlington Heights, IL
      View Details
    • Contact for pricing
      4,800 SF

      Retail Redevelopment Opportunity

      Prime retail spaces available for lease in Arlington Heights, IL.
      713-715 E Palatine Rd, Arlington Heights, IL
      View Details
    • Contact for pricing
      10,000 SF

      Medical Office Space Near Hospital

      Turn-key medical office near Northwest Community Hospital.
      1734 W Algonquin Rd, Arlington Heights, IL
      View Details
    • $19 SF/Yr
      6,921 SF

      Arlington Heights Office Space Available

      Seven one-story office buildings totaling 90,929 RSF for lease.
      3205 North Wilke Rd, Arlington Heights, IL
      View Details

    FAQs

    What type of property is this?
    Flex space - Arlington Heights Flex Space - 2,724 SF Available
    Where is this flex space located?
    The property is located at 3930 Ventura Dr Arlington Heights, IL.
    What is the lease rate?
    The lease rate is $10 SF/Yr.
    What are key features of this property?
    This property features: Single-story flex/R&D space with existing refrigeration and freezer units.; Suitable for lab, showroom, or food production.; High-power (600 Amps, 3-phase) electrical service.
    Request Owner's contact information
    3930 Ventura Dr Arlington Heights, IL 60004
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    3930 Ventura Dr
    Arlington Heights, IL 60004
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    3930 Ventura Dr Arlington Heights, IL 60004
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.