301 E Rand Rd, Mount Prospect, IL
Retail for Sale - $850,000 - 8,125 Sq. Ft. on 0.73 acres
Property Info
| CIMLS# | 1063473 |
| Location 301 E Rand Rd Mount Prospect IL 60056 | |
| Updated | July 6th, 2020 |
| Type | Retail |
| Price | $850,000 |
| Building | 8,125 Sq. Ft. |
| Land | 0.73 acres |
Property Description
* Excellent Opportunity for User/Investor to Acquire a 8,125 SF Value-Add Retail Center - 23.30% Occupied
* Add-Value Opportunity & Cap Rate Growth w/ Significant Upside Through Leasing the Remaining 6,232 Square Feet of Vacant End Cap Spaces
* Hard Corner Offering Outstanding Frontage, High Visibility Site & Easy Access Point
* Over 335 Feet of Prime Frontage on Rand Rd
* Ideally Situated on Major Heavily Traveled Rand Rd Retail Commercial Corridor Thoroughfare w/ tons of Nationals
* Close Proximately to Randhurst Village Shopping Center Featuring AMC Theater, Costco, Home Depot, PetSmart, & 140-Room Hampton Inn & Suites, Prospect High School, I-294, I-290, & I-90 Expressways
* Strong Daytime Population & Residential Density
* Over 325,000 People Within 5 Mile Radius
* Average Annual HH Income in Excess of $103,100 Within 5 Mile Radius
* High Traffic Counts
* Monumental Street Signage
* Outstanding Hard Corner for Redevelopment
* Priced Below Replacement Cost
