Randall Corridor Retail Space

558-586 Randall Rd South Elgin, IL 60177

558-586 Randall Rd, South Elgin, IL, 60177
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FOR LEASE
Property Type:
Strip Center
Amount:
Please Call Broker for Price

Last Verified:
Oct 23, 2024

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Highlights

  • Key Location in the Heart of the Randall Rd Retail Corridor
  • Shadow Anchored by Target & Angelo Caputo's Fresh Market
  • Anchored by Dogtopia, Brianna's Pancakes and Critters Pet Shop
  • Masala Dabba Market Coming in 2025
  • Excellent Demographics. with Strong Household Incomes.

Description

Retail space in active center anchored by Brianna's Pancake Cafe, Dogtopia, and Critter's Pet Shop. Additional tenants include Masala Dabba Market (coming Q1 2025), The Blend, and Katies Nails. Available spaces offer prominent facade signage and flexible unit layouts. Center is ideal for retail, restaurant, medical, fitness and service tenants.

Convenient location in the heart of the South Elgin Randall Rd retail corridor between Silver Glen Rd & Thornwood Ave. The center is shadow anchored by Super Target and Angelo Caputo's Fresh Market, and is surrounded by national retailers including Home Depot, Best Buy, Ross Dress for Less, Staples, Kohls, PetSmart, TJ Maxx, Buffalo Wild Wings, Chili's and many more.


Year Built: 2005
Building Size: 32154sq ft
Lot Size: 2.91 acres


Documents

556-586 S Randall Rd, South Elgin (Retail for Lease)

Units for Lease

558
Space Available: 4343 SF
Lease Type: NNN

Price Per Sqft/Year: $25.00
570
Space Available: 1432 SF
Lease Type: NNN

Price Per Sqft/Year: $20.00
584
Space Available: 1190 SF
Lease Type: NNN

Price Per Sqft/Year: $22.00
586
Space Available: 2804 SF
Lease Type: NNN

Price Per Sqft/Year: $25.00

Map of 558-586 Randall Rd, South Elgin, IL, 60177

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.