252 Randall Rd Algonquin, IL 60102
This 1,200 square foot retail space, previously a salon, is available for lease in a bustling Algonquin retail center. Situated on the highly visible Randall Road/Algonquin Road corridor, directly across from a Home Depot, this property benefits from over 40,300 vehicles per day passing by. The space is part of a larger 10,440 square foot multi-tenant building constructed in 2001. The unit itself features eight styling stations, three wash bowls, a dedicated laundry room, a restroom, a break room, an office, and a spacious waiting area. Existing salon equipment is included in the lease. The property is zoned B2 and offers ample parking with 40 spaces available. The building is a single-story structure with 200 amp power. The property's APN is 19-30-426-017. The total monthly rent, inclusive of NNN expenses, is $2,800. This represents a significant opportunity for a business seeking a well-equipped, high-visibility location in a thriving retail area. The price has been reduced, making this an even more attractive investment.
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
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Property description
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No recorded transactions found for this property.
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Risks
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