591 Rand Rd, Long Grove, IL 60047
This exceptional 2,400 square foot retail space, located at 591 Rand Rd in Lake Zurich, IL 60047, offers a unique opportunity for businesses seeking high visibility and accessibility. Situated in the vibrant Lake Zurich Shoppes, this single-story building boasts a prime location with excellent frontage on Rand Road, benefiting from a high daily traffic count of 35,000 vehicles. The space is divisible, with a minimum of 1,200 square feet available, allowing for flexibility to suit various business needs. The property features 44 total parking spaces for ample customer convenience. The building, constructed in 2004, is zoned B-1 and is situated in a thriving commercial area surrounded by established national tenants including Culver's, Starbucks, Kohl's, Lifetime Fitness, and a new LAGO steakhouse. The property's location near new luxury townhomes further enhances its appeal and potential for growth. The space is drive-thru capable and is currently a corner unit, offering maximum exposure. This location in Lake County, within the Lake Zurich submarket, presents a compelling opportunity for businesses seeking a high-traffic, well-established location. The property is part of a retail strip center, and the space is ready for immediate occupancy.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.