750 E Rand Rd
Arlington Heights, IL 60004
Vacant Southpoint Retail · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Great location in Southpoint Shopping Center across the street from Best Buy, Marshalls, Dick's Sporting Goods, and many other stores.
- The property lies 1.2 miles from IL-53 and has easy access as there are traffic lights at two entrances to the center.
- 3,500-SF buildable outlot available with drive-thru that is REA approved.
- The center is in Arlington Heights TIF District #5 and is a rare value-add opportunity to redevelop or use as-is, ideal for large anchor tenant.
- Great demographics around the shopping center with 326,707 people within five miles of the center and another 56,711 employees within three miles.
- Property features the rights to the top-panel position on three pylon signs, one at each entrance to the center.
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
100,250 SF
Building Class
B
Year Built/Renovated
1989/2023
Tenancy
Single
Building Height
1 Story
Loading Docks
3 Exterior
Building FAR
0.33
Lot Size
7.06 AC
Zoning
B-3 - General Service, Wholesale, and Motor Vehicle District
Parking
435 Spaces (4.33 Spaces per 1,000 SF Leased)
Frontage
537 FT on Rand Rd
AMENITIES
- Signage
- Signalized Intersection
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $642,890 | |
| Land Assessment | $1,137,863 | Total Assessment | $1,780,753 |
