Grocery-Anchored Shopping
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940-1100 E Rand Rd, Mount Prospect, IL 60056
Grocery and soft-goods anchored center on Rand Road at the corner of Central Road, with major national tenants.
Property Size887 SF
Days on Market1220
Property Features for 940-1100 E Rand Rd
General Information
Standard status
Active
Size
887 SF
Property subtype
RETAIL
Listing Agency:
Mid-America Real Estate Group | Oakbrook Terrace
(630) 481-4015
Listed By:
Kate Ruzevich
Source:
Moodyscre
Added: Mar 29, 2023
Changed: Jul 29
Last Checked: Jul 29 at 3:56PM
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 Mid-America Real Estate Group | Oakbrook Terrace
Investment Insights
Based on property information with market context.
This grocery and soft-goods anchored shopping center features a strong mix of everyday retail and fitness tenants. Anchors listed include ALDI, Burlington, Marshalls, Ross, and grocery-adjacent value retailers, along with LA Fitness and Dollar Tree and Five Below.
The center is positioned along the East Rand Road retail corridor at the northeast corner of East Rand Road and Central Road. Public remarks indicate 56,400 ADT along East Rand Road, supporting strong daily drive-by exposure for retail users.
With a blend of national anchors and destination-oriented tenants, the property is well suited for retail tenants seeking established co-tenancy within a grocery-forward retail environment.
The center is positioned along the East Rand Road retail corridor at the northeast corner of East Rand Road and Central Road. Public remarks indicate 56,400 ADT along East Rand Road, supporting strong daily drive-by exposure for retail users.
With a blend of national anchors and destination-oriented tenants, the property is well suited for retail tenants seeking established co-tenancy within a grocery-forward retail environment.
Key Highlights
- Grocery and soft‑goods anchored shopping center
- Anchors include ALDI, Burlington, Marshalls, Ross, and LA Fitness
- Also listed: Dollar Tree and Five Below
Property Analytics
Current Use
Lease Details
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
810
Businesses Nearby
446k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Superstores 25%
Apparel 22%
Dining 19%
Shops & Services 13%
Walmart
Superstores
110,749 visits/mo
0.2 miles
Menards
Home Improvements & Furnishings
53,779 visits/mo
0.4 miles
Marshalls
Apparel
44,268 visits/mo
0.2 miles
Burlington
Apparel
33,037 visits/mo
0.2 miles
Texas Roadhouse
Dining
30,063 visits/mo
0.2 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
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Similar Off Market Nearby
- Mount Prospect Plaza — 1084 Mt Prospect Plaza, Mt Prospect, IL 60056
Frequently Asked Questions
What type of property is this?
Shopping center - Grocery and soft-goods anchored center on Rand Road at the corner of Central Road, with major national tenants.
Where is this shopping center located?
The property is located at 940-1100 E Rand Rd Mount Prospect, IL.
What are key features of this property?
This property features: Grocery and soft‑goods anchored shopping center; Anchors include ALDI, Burlington, Marshalls, Ross, and LA Fitness; Also listed: Dollar Tree and Five Below