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    400 Randall Rd Algonquin, IL 60102

    For Lease
    Contact for pricing

    Prime Midwest retail space available.

    Lot size:
    1,364 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional retail leasing opportunity offers multiple spaces within high-traffic Meijer stores across the Midwest. Units range from 448 to 916 contiguous square feet, with a total of 1,364 square feet currently vacant. These prime, front-of-store locations provide unparalleled visibility and access to thousands of weekly customers. The all-inclusive monthly fee covers real estate taxes, property insurance, common area maintenance, and utilities. Interior and exterior signage opportunities are available for enhanced brand exposure. These spaces are situated in thriving trade areas with desirable demographics, making them ideal for a variety of businesses. Suitable uses include financial institutions, food and beverage establishments, service businesses, health and wellness providers, and more. Multiple vacancies exist in various Midwest locations. This "store-within-a-store" concept offers a unique opportunity to establish a presence in one of the Midwest's most recognizable retail destinations. Contact for details and availability.

    Property Features for 400 Randall Rd

    General Information

    Property type
    Individual retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    1,364 SF

    Unit(s) available at that property

    Space
    Suite B
    Size
    448 SF
    Space
    Suite A
    Size
    916 SF

    HighLights

    • 1,364 SF of in‑store retail space available for lease within a Meijer supermarket.
    • Two spaces available, ranging from 448 to 916 square feet.
    • High‑traffic, front‑of‑store locations offering excellent visibility and access to thousands of weekly customers.
    • All‑inclusive monthly rent covering real estate taxes, insurance, CAM, and utilities.
    • Interior and exterior signage opportunities available.
    • Multiple locations available throughout the Midwest.
    Property Profile Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Realty agency Restaurant Law Firm Building Supply Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Dental Office Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Algonquin
    County
    Mchenry
    State
    Illinois
    Longitude
    -88.337730851376
    Latitude
    42.170006710491

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    FAQs

    What type of property is this?
    Individual retail property - Prime Midwest retail space available.
    Where is this individual retail property located?
    The property is located at 400 Randall Rd Algonquin, IL.
    What are key features of this property?
    This property features: 1,364 SF of in-store retail space available for lease within a Meijer supermarket.; Two spaces available, ranging from 448 to 916 square feet.; High-traffic, front-of-store locations offering excellent visibility and access to thousands of weekly customers.
    Request Owner's contact information
    400 Randall Rd Algonquin, IL 60102
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    Algonquin, IL 60102
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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
    400 Randall Rd Algonquin, IL 60102
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