1536 Algonquin Rd Algonquin, IL 60102
Ryans Plaza offers a fantastic opportunity for businesses seeking office space on bustling Algonquin Road. This retail and office center boasts excellent visibility and ample parking, making it highly accessible for clients and employees. Currently, one 1,300 square foot traditional office space is available for lease. The space is part of a multi-tenant building with a total of two suites, offering a comfortable and professional environment. The center enjoys a strategic location directly across from a Jewel-Osco grocery store, ensuring high foot traffic and convenient access to amenities. Strong anchors, including Starbucks and Little Steps, further enhance the property's appeal and draw a consistent flow of customers. The surrounding area features a desirable demographic profile, characterized by a robust population and high average household incomes, presenting a significant market advantage for businesses operating from this location. The available space is ideal for a variety of businesses seeking a well-situated and easily accessible office space in a thriving commercial center. The minimum leasable space is 1,300 square feet, and the maximum contiguous space available is also 1,300 square feet. This presents a unique opportunity for a business seeking a well-positioned, conveniently located office space in a high-traffic area.
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
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
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