For Sale

Mattress Firm - Fresh Extension - 10 Year Term

1007 E Rand Rd, Arlington Heights, IL 60004

The 6,000 SF building is well located in a predominant retail corridor along Rand Rd in Arlington Heights with 30,000 VPD. The tenant will benefit from upscale, infill demographics with a population and average annual household income of 129,892 people and $95,438, respectively within a 3-mile radius. This investment provides investors with the distinctive opportunity to acquire a high–quality, absolute net-leased asset located in an upscale bedroom community within a densely developed retail corridor. Within this corridor, the list of national retailers include Jewel Osco, Best Buy, Binny's Beverage Depot and Dick's Sporting Goods just to name a few. It should also be noted that the Chicago Bears NFL Football franchise has plans to build a new state of the art stadium and entertainment district in Arlington Heights at the former Arlington Downs National Horse Racing facility. This potential NFL stadium would be just three miles from the Mattress Firm site.
read more read less

Key features

  • Brand New Early Extension from Mattress Firm for a full 10-year lease term
  • NN Lease with Minimal Landlord Responsibilities
  • Fresh Interior Improvements for Mattress Firm's New Proto-type
  • 10% Rent Increases
  • Excellent Access/ Visibility to Rand Road
  • Combined traffic count of 30,000 VPD
  • Highly Affluent Suburb of Chicago with an Average Household Income of $95,438
  • Located in Dominant Retail Corridor with Phenomenal Co-market Tenancy
  • 3-mile population of 129,892
  • Strong Sales with Below Market Rent

Want more info on this listing?

Reach out to the broker for more info on lease terms and amenities

Contacts

broker

Tim Franz

SVN | Chicago Commercial

(312) 676-1874

Building Details

  • For Sale $1,695,000
  • Property Type Retail - Freestanding
  • Property Size 6,000 SF
  • Lot Size 0.57 Acre
  • Property Tenancy Single Tenant
  • Year Built 1999
  • Year Renovated 2022
  • Date Updated May 18, 2023

Attachments

Getting Around

  • Walk Score ®

    Very Walkable (71)

  • Bike Score ®

    Bikeable (62)
Powered by Walk Score ®

Location

  • City Arlington Heights, IL
  • Neighborhood Arlington Heights
  • Zip Code 60004
  • Market Chicago

Points of Interest

Transportation

Arlington Heights

1.64 miles

Arlington Park

2.05 miles

Wheeling

3.09 miles

Prospect Heights

3.38 miles

Mount Prospect

3.49 miles

Palatine

4.00 miles

Buffalo Grove

4.64 miles

Cumberland

4.76 miles

Des Plaines

6.22 miles

Prairie View

6.42 miles

Fuel station

Thorntons

0.28 miles

Speedway

0.60 miles

Shell

0.63 miles

Mobil

0.96 miles

Mobil

1.82 miles

BP

1.85 miles

Shell

1.87 miles

Costco Gasoline

2.55 miles

Mobil

2.64 miles

Speedway

2.91 miles

Parking

Arlinton Park Parking Metra Station

2.10 miles

P2

2.74 miles

P7

2.77 miles

P6

2.80 miles

Visitor Garage

2.80 miles

Busse Center Garage

2.83 miles

Emegency & Employee Garage

2.90 miles

Mariano's Fresh Market Parking Lot

3.32 miles

Buffalo Creek Forest Preserve parking

3.85 miles

Deer Grove - East Parking Lot

4.42 miles

Stores

Marshalls

0.26 miles

ALDI

0.36 miles

Jewel-Osco

0.49 miles

Target

0.53 miles

Ross

0.57 miles

Tony's Fresh Market

0.67 miles

Trader Joe's

0.78 miles

Harvest Fresh Market

0.79 miles

Burlington

0.89 miles

Jewel-Osco

1.67 miles

Access In-Depth Research on this Property

Interested in researching more about this property? Find in-depth data, including ownership details, transaction history, property characteristics, tenant information, local real estate market insights and more at CommercialEdge.

Contact Listing Broker

broker

Tim Franz

SVN | Chicago Commercial

(312) 676-1874