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HIGHLIGHTS
- Located along Rand Road (Approx 27,000 VPD) along the primary retail corridor within Arlington Heights
- Monument signage available along Rand Road
- Opportunity to join co-tenants Goodwill, AutoZone, and Crest Home Furniture
- Plenty of parking on-site
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 1215 | 12,982 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | Negotiable |
1st Floor, Ste 1215
Up to 12,982 SF of retail space for lease along Rand Road, just south of Palatine Road, in Arlington Heights. Opportunity to join co-tenants AutoZone, Goodwill, and Crest Home Furniture. The center features over 500' of frontage and signage potential along Rand Road, along with visibility and exposure to approx. 27,000 VPD
- Partially Built-Out as Standard Retail Space
- Located in-line with other retail
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
PROPERTY FACTS
| Total Space Available | 12,982 SF | Gross Leasable Area | 27,712 SF |
| Property Type | Retail | Year Built | 1996 |
| Total Space Available | 12,982 SF |
| Property Type | Retail |
| Gross Leasable Area | 27,712 SF |
| Year Built | 1996 |
ABOUT THE PROPERTY
Neighboring retailers include Target, Walgreens, Marshalls, Trader Joe's, Dick's, Jewel-Osco, Ross, Best Buy, Starbucks, Burger King, Corner Bakery, McDonald's, Chipotle, Chili's, Dunkin, GameStop, Chase, PNC, BMO Harris, The Salvation Army, Mattress Firm, and Kidz Bedz, among many others.
- Pylon Sign
- Signage
NEARBY MAJOR RETAILERS
Presented by
1213-1221 E Rand Rd
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