720 E Rand Rd - Fast Food FOR SALE


Mount Prospect, IL 60056- Des Plaines/Arlington Hts Corridor
$1,599,000 USD
630-205-5568
720 E Rand Rd, Mount Prospect, IL for Sale
$1,599,000 USD
Fast Food - FOR SALE
1/42
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HIGHLIGHTS

  • Highly Trafficked Area
  • Drive Through
  • Turnkey Operation

OVERVIEW

?? RARE DRIVE-THRU OPPORTUNITY | TURNKEY FAST-CASUAL RESTAURANT | RAND ROAD CORRIDOR Seize this exceptional chance to acquire one of the most coveted drive-thru-enabled properties in Chicago's densely populated northwest suburbs. Located at 720 E. Rand Road in Mount Prospect, this fully built-out, turnkey restaurant building sits in the heart of one of the region's most proven and trafficked retail corridors — a location that simply does not come available often. THE PROPERTY This freestanding masonry building offers 2,533 SF of fully operational fast-food/QSR space on a generous 23,391 SF lot (approx. 0.54 acres) — zoned B-5 for maximum commercial flexibility. The existing drive-thru with dedicated curb cut directly on Rand Road is a game-changer: drive-thru-capable sites in this submarket are extraordinarily scarce, and this one is already fully permitted and operational. Skip the years of entitlement headaches and step directly into a high-performing location. TRULY TURNKEY — NOTHING LEFT TO DO This is not a shell — it is a completely finished, restaurant-ready facility. All furniture, fixtures & equipment are included: full commercial kitchen with all black iron hoods and fire suppression systems, walk-in cooler, 25-space parking lot, modern façade, updated windows, upgraded rooftop HVAC, fresh tuckpointing, and 200-amp electric service. The second floor presents a compelling value-add opportunity — envision a rooftop or elevated outdoor dining terrace that would make this concept truly destination-worthy. THE LOCATION — WHERE THE NUMBERS SPEAK Positioned just south of the signalized intersection of Rand Road and Central Road, this site captures 17,600+ vehicles per day with outstanding visibility, monument signage potential, and effortless ingress/egress. Surrounded by some of the strongest retail co-tenancy in the northwest suburbs: Menards (directly adjacent), Walmart, ALDI, Texas Roadhouse, Dunkin', Buona Beef, Subway, and Bowlero. Dense residential neighborhoods surround the corridor, fueling consistent, day-part-diverse consumer demand. Excellent proximity to regional highways and Metra/pace public transit further extends your customer draw. IDEAL FOR: QSR / Fast Casual Operators (coffee, donut, breakfast, chicken, burgers, tacos) Franchise Repositioning / New Concept Entry Owner-Users Seeking Below-Replacement-Cost Acquisition Investors Seeking NNN Leased Asset Upside BOTTOM LINE Drive-thru properties in high-traffic suburban Chicago corridors don't last. This is a ready-to-operate, fully equipped, strategically positioned asset with immediate revenue potential and long-term appreciation fundamentals. Whether you're an expanding operator or a savvy investor, 720 E. Rand Road checks every box. Do not disturb tenant. Contact listing broker for all showings, financials, and tours.

FOR SALE DETAILS

PRICE

$1,599,000 USD

PRICE/SF

$717 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

ADD'L SUBTYPES

Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1994

SPRINKLERS

-

PARKING SPACES

26

LAND DETAILS

LAND ACRES

0.55 AC

LAND SF

23,958 SF

ZONING

B-4

APN/PARCEL ID

03-34-407-014-0000

ASK ABOUT THIS PROPERTY

Teresa StultzPremier Living - River Lofts of St. CharlesMore Info
630-205-5568

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Teresa StultzPremier Living - River Lofts of St. CharlesMore Info
630-205-5568

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