Hard Corner Build-to-Suit Opportunity | Retail, Restaurant, Medical

2310 S Randall Rd Algonquin, IL 60102

2310 S Randall Rd, Algonquin, IL, 60102
2310 S Randall Rd, Algonquin, IL, 60102 2310 S Randall Rd, Algonquin, IL, 60102 2310 S Randall Rd, Algonquin, IL, 60102 2310 S Randall Rd, Algonquin, IL, 60102 2310 S Randall Rd, Algonquin, IL, 60102
FOR LEASE
Property Type:
Other Land
Amount:
Please Call Broker for Price

Last Verified:
Jul 18, 2024

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Highlights

  • Signaled Hard Corner of Randall Rd & Commerce Dr
  • Across from Portillos, Coopers Hawk and Algonquin Commons
  • Shadow Anchored by Hobby Lobby
  • 33,900 VPD on Randall Rd
  • Upscale Demographics with Average Incomes over $150,000

Description

Fully Improved 1.01 acre lot at the signaled intersection of Randall Rd and Corporate Blvd in Algonquin. The property is positioned across from Algonquin Commons and a new 70-acre mixed-use development featuring Portillos, Coopers Hawk Winery, Raising Cane's, Chipotle and more. The property offers excellent visibility with more than 260' of frontage on Randall.

Property is ideal for retail, full-service restaurant and medical uses.

Positioned at the SWC of Randall Rd and Corporate Parkway at the epicenter of the 2,000,000 SF retail market serving Algonquin and the surrounding suburbs. The property is located approx 40 Miles NW of Chicago with convenient access to the Northwest Suburbs via Randall Rd, County Line Rd and Algonquin Rd .

Lot Size: 1.01 acres

Units for Lease

Lot 10
Space Available: 8400 SF
Lease Type: NNN

Map of 2310 S Randall Rd, Algonquin, IL, 60102

What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.