720 E Rand Rd
Mount Prospect, IL 60056

-The property sits directly adjacent to a well-trafficked signalized corner intersection in a major trade area with many national retailers surrounding the property. The site benefits from strong traffic counts of just over 20,000 vehicles passing by per day and benefits from excellent demographics with an average house-hold income of nearly $130,000 within a 1-mile radius.

-The Property is located directly in front of a Menards and is shadow anchored by a Walmart Supercenter and the Mount Prospect Plaza; a 207,075 square foot shopping center that includes tenants such as LA Fitness, Burlington, Marshalls, Ross, ALDI, Dollar Tree, Five Below, AutoZone, Sally Beauty and Massage Envy. 

-The property benefits both developers and potential owner users from being newly renovated in 2024 which will help off-set a large tenant improvement package for re-tenanting the building. The brick building is in excellent condition which has great visibility and LED signage on Rand Road. 

-All fixtures, furniture and equipment (FF&E) are included and buyers have the option to assume the Joe Donut Licensing Agreement to operate a turn-key business. Based on the location and building size, the property will serve as an ideal repositioning into a new QSR, fast-casual, coffee, or service-oriented concept that can benefit from the high vehicle traffic and drive-thru attached to the building.