630-261-6962
760-836 E Rand Rd, Arlington Heights, IL for Sale
Retail - FOR SALE
1/10
null | Request Cap Rate

760-836 E Rand Rd
Arlington Heights, IL 60004
Des Plaines/Arlington Hts Corridor


HIGHLIGHTS

  • VALUE ADD OPPORTUNITY | 30% OCCUPIED SMALL SHOP STRIP
  • OUTSTANDING SHADOW ANCHORS | STRONG CROSS TRAFFIC
  • LOCAL GOVERNMENT SUPPORT OF PROJECT
  • STABLE IN-PLACE TENANCY
  • THRIVING RETAIL MARKET
  • AFFLUENT DEMOGRAPHIC PROFILE

OVERVIEW

Mid-America Real Estate Corporation has been retained on behalf of the owner to sell the 100% fee simple interest in the South Shops at Southpoint Shopping Center in Arlington Heights, IL. The offering represents an opportunity to acquire a 30% occupied 4-unit retail building with unmatched repositioning opportunity with direct exposure to Rand Road in the established upper-income Chicago suburb of Arlington Heights.

FOR SALE DETAILS

PRICE

Request Info for Price

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

30% occupied 4-unit retail building

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1986

SPRINKLERS

-

PARKING SPACES

350

LAND DETAILS

LAND ACRES

12.81 AC

LAND SF

558,004 SF

ZONING

B-3

APN/PARCEL ID

03-20-203-016-0000

ASK ABOUT THIS PROPERTY

Emily GadomskiMid-America Real Estate Corp.More Info
630-261-6962

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Emily GadomskiMid-America Real Estate Corp.More Info
630-261-6962

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