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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

0 Cor Of Rand Rd & Palatine Rd Arlington Heights, IL 60004

8,400 SF
Property ID
Property summary
AI-generated overview

This exceptional retail property, located at the highly visible corner of Rand Road & Palatine Road in Arlington Heights, Illinois (zip code 60004), offers 8,400 square feet of completely vacant space, ideal for multiple tenants. The building is divisible, with a minimum leasable space of 2,400 square feet and a maximum contiguous space of 6,000 square feet. This presents a unique opportunity for businesses seeking flexible space options in a thriving retail environment. Situated in Cook County, this location boasts incredible visibility and accessibility, benefiting from over 67,000 vehicles passing daily. The property's strategic position between two major retail centers ensures high traffic and exposure. The surrounding area is densely populated, with over 321,000 people residing within a 5-mile radius and an impressive average household income of $132,000. This prime location offers unparalleled access to both Rand Road and Palatine Road, providing convenient access for customers and excellent visibility for businesses. The property's classification includes retail, commercial, drive-thru, small shop, restaurant, and outlot options, making it suitable for a diverse range of businesses. This is a rare opportunity to secure a prominent retail presence in a high-demand area.

Property profile
Verified
Property type Retail properties & Spaces
Total area 8,400 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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