The subject property is strategically located along S. Randall Rd., averaging 41,400 vehicles passing by daily. The site benefits from excellent visibility via significant street frontage and a large monument sign. Furthermore, the building is ideally situated within Algonquin Commons, a top-performing regional power center featuring anchor tenants such as Trader Joe’s, Ulta Beauty, Ross Dress...
The subject property is strategically located along S. Randall Rd., averaging 41,400 vehicles passing by daily. The site benefits from excellent visibility via significant street frontage and a large monument sign. Furthermore, the building is ideally situated within Algonquin Commons, a top-performing regional power center featuring anchor tenants such as Trader Joe’s, Ulta Beauty, Ross Dress for Less, Dick’s Sporting Goods, and more. Moreover, Algonquin Commons is currently undergoing a large-scale redevelopment plan to convert a portion of the center into a family-friendly entertainment area, which will offer a wide range of options for dining, health & wellness activities, and special events. Other nearby national/credit tenants include Walmart Supercenter, Target, T.J. Maxx, Aldi, Floor & Decor, Kohl’s, HomeGoods, JoAnn, Costco, and many more. Strong tenant synergy increases consumer draw to the immediate trade area and promotes significant crossover store exposure to the site. The 5-mile trade area is supported by approximately 149,000 residents and 48,000 employees, providing a direct consumer base from which to draw. Residents within 1 mile of the subject property boast an affluent average household income of $152,815. Located roughly 50 minutes from Chicago, the wealthy suburban town of Algonquin is a prime destination for shopping activities, drawing consumers from across the region.