Property summary
This multi-tenant retail center, located at 1213-1221 E Rand Road in Arlington Heights, Illinois (Cook County, zip code 60004), offers a compelling value-add investment opportunity. The property, built in 1996, encompasses a total of 27,712 square feet across three units, with a net rentable area of 12,982 square feet. Currently, the center boasts 53% occupancy, anchored by AutoZone, which occupies 8,125 square feet under a NNN lease extending to September 2033. Other tenants include Crest… Furniture. The property sits on a 1.72-acre lot and provides ample parking with over 80 spaces. Dual-sided monument signage along Rand Road ensures high visibility, benefiting from approximately 26,700 vehicles per day. The property is zoned B-2 (General Business District) and enjoys a prime location within a thriving commercial corridor. Nearby prominent retailers include Jewel Osco, Tony's Fresh Market, ALDI, Trader Joe's, Target, LA Fitness, Walgreens, Burlington, JoAnn Fabric & Crafts, Ross Dress for Less, Marshalls, Party City, Dollar Tree, Petco, Binny's Beverage Depot, Ulta Beauty, At Home, Floor & Décor, Sherwin Williams, Goodwill, Salvation Army, Zen Leaf, Raising Cane's, Starbucks, Dunkin', Subway, and Burger King. The property's strategic location is further enhanced by its proximity to Illinois Route 53 (two miles east), and Interstates 90 and 94 (five miles from each). This presents a strong opportunity for lease-up or owner-occupancy.
Ownership intelligence
Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax
No data for this sectionNo tax or assessment record is on file for this parcel in the county feed.
Value estimate
· Sep 2026No data for this sectionNo value estimate could be modeled: the record carries too little market input for this parcel.
Recently sold
No data for this sectionNo cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
No data for this sectionNo zoning code is on file for this parcel. Coverage grows with every catalog release.
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
6 recorded sales · 9 properties nearbyComparable nearby
Similar Nearby for Lease
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $99/month
- GBA
- 27,712 SF
- Lot area
- 1.72 ac
- Year built
- 1996
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and any signals we can model, to help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
- Ownership
- Owner Contacts
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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- Local Zoning Insight
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- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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