280 N Randall Rd - Storefront FOR SALE


Lake In The Hills, IL 60156
$2,999,000 USD
630-590-5910
280 N Randall Rd, Lake In The Hills, IL for Sale
$2,999,000 USD
Storefront - FOR SALE
1/16
null | 6.75% Cap Rate

280 N Randall Rd
Lake In The Hills, IL 60156


HIGHLIGHTS

  • Stabilized Net-Leased Income
  • Shadow Anchored by Lowe's & Costco
  • Long Tenured Tenants, Recent Extension

OVERVIEW

A rare opportunity to acquire a 100%-occupied, two-tenant net-leased retail asset on Randall Road — one of the top-performing retail corridors in Illinois and the broader Midwest. The property is shadow-anchored by Lowe's and Costco and surrounded by dozens of national retailers that drive steady regional traffic to its doorstep. Both tenants are national, e-commerce-resistant operators who have called this location home for over 15 years. Athletico — which ranks among the top 14% of its clinics nationwide — recently extended its corporate-guaranteed lease through 2031, a strong vote of confidence in the site's long-term performance. With triple-net leases in place, embedded rental growth, and a McHenry County tax environment that's notably more favorable than neighboring Cook County, this is a genuinely passive, management-light investment with durable cash flow. Download the Offering Memorandum for full financials, rent roll, and lease details.

FOR SALE DETAILS

PRICE

$2,999,000 USD

PRICE/SF

$455 USD /SF

CAP RATE

6.75%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Retail Investment Opportunity

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2005

SPRINKLERS

-

PARKING SPACES

35

LAND DETAILS

LAND ACRES

1.23 AC

LAND SF

53,579 SF

ZONING

Commercial

APN/PARCEL ID

19-30-227-084

ASK ABOUT THIS PROPERTY

Corbin SchwartzBrookline Real EstateMore Info
630-590-5910

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Corbin SchwartzBrookline Real EstateMore Info
630-590-5910

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.