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195 S Rand Rd
Lake Zurich, IL 60047

Lake Zurich Plaza · Land For Sale · 1.69 AC

PROPERTY FACTS

Property Type Land
Property Subtype Commercial
Proposed Use
Retail
  • Restaurant
Total Lot Size 1.69 AC

DESCRIPTION

Developer Closeout 50+% price reduction!!! Restaurant pad site for sale, ground lease, or build to suit on heavily trafficked Rand Road in Lake Zurich. Fronting a Holiday Inn hotel, the property sits amidst incredible immediate area co-tenancy with Starbucks, Sonic, Jewel-Osco, SportsClips, AT&T, Sleepys/Mattress Firm and Vitamin Shoppe to name but a few. Approx. 1.7 Acres site in dominant retail corridor with over 41,000 vehicles per day on Rand Road in front of the property. Other area retailers include Costco, Target, Walmart, and Regal Theaters. The approx. 73,910 SF site can accommodate a +/- 8,000 SF restaurant building. Fantastic trade area demographics of over $145,000 average annual income and over $500,000 average home value. Offered for sale at $99,000 or ground lease at $75,000/yr NNN. Build to suit option available subject to offer. Lake Zurich is a northwest suburb of Chicago. The land site is located on heavily trafficked Rand Road (Route 12), north of W Route 22, and boasts an extremely high daily vehicle count over 41,000. Major local retail trade area loaded with national tenants. High income immediate trade area boasts average annual incomes over $145,000 and home values over $500,000.

PROPERTY TAXES

  • Listing ID: 3887950

  • Date on Market: 9/24/2016

  • Last Updated:

  • Address: 195 S Rand Rd, Lake Zurich, IL 60047