1301 W Algonquin Rd
Neighborhood: Rolling Meadows
Cross Streets: Algonquin Rd & Golf Rd
PROPERTY OVERVIEW: Located at the corner of Golf & Algonquin Road, this 2,900 SF free-standing building benefits from high visibility in one of the busiest Chicago suburban retail corridors. Shadow anchored by Walmart and located between Lowe’s and Meijer, this space is visible to over 64,000 vehicles per day with the ability to add signage for increased exposure. The I-90/290 interchange is a 4-minute drive away and Woodfield Mall, one of the largest shopping malls in the United States, is just 2.2 miles west on Golf Road. This free-standing building has floor to ceiling windows, 2 ADA bathrooms, a break room with a kitchenette, and a sizable shared parking lot.
LOCATION: Marketplace of Rolling Meadows is located in the northwest Suburb of Rolling Meadows which is located 25 miles northwest of the Chicago city center. Sitting on the southeast corner of Golf and Algonquin, this subject property is just a 4-minute drive (1.0 miles) from I-90 and a 5-minute drive from Woodfield Mall. Rolling Meadows is a well-located northwest suburb and benefits from strong demographics with a population of approximately 24,099 and a median income of $76,663. Located adjacent to 1301 Algonquin is the Continental Towers complex that is 910,000 SF of class A office space. Golf Road is also traveled by the Pace bus service connecting Schaumburg and Evanston with numerous stops in Rolling Meadows and one across the street from the subject property (Bus lines 208/606/757). There are two Metra Rail stations within a short ride of the building including the Arlington Park Metra Station and Arlington Heights Metra Station.
NEARBY TENANTS: Nearby tenants include Sprint, Potbelly, Starbuck Coffee, ATI Physical Therapy, Buona, Jersey Mike’s, Panda Express, American Mattress, Staples, Steak N Shake, Ming Hin Cuisine, TCF Bank, Noodles & Company, Panera Bread, Five Guys, Arby’s, Jimmy Johns, Chipotle, Midas, T-Mobile, Goodwill, Bank of America, NTB, L.A. Tan, GameStop, H&R Block, AT&T, & FedEx Express. Woodfield Shopping Mall is located 2.2 miles away from the subject property containing over 234 stores and 2,150,557 square feet of retail space.
SPACE: Approximately 2,900 SF (space is divisible)
PARKING: Open parking in lot with 60+ spots
LEASE RATE: $17.50/SF NNN
• 2,900 SF ideal for retail, medical, and office use
• Second-generation space ready for tenant buildout
• 2 ADA Bathrooms
• 400 AMP electric service, 3 HVAC units
• Small kitchenette with 10-gallon water heater
• 12 ft ceilings with ability to add black iron
• Situated on Golf & Algonquin Rd exposed to over 64,000 vehicles per day linking Chicago to the metro suburbs
• Shadowed anchored by Walmart, Lowes, Staples & Meijer