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1020 E Central Rd
Mount Prospect, IL 60056 Des Plaines/Arlington Hts Corridor

$2,016,000 USD

Freestanding For Sale  •  3,753 SF

Property Details

  • Property Type Freestanding
  • Total Building Size 3,744 SF
  • Lot Size 0.32 AC
  • Building Class B
  • Year Built 2015
  • Tenancy Single
30 Transit Score
50 Walk Score

Highlights

Mattress Firm, Inc. executed a 7-year lease extension in 2026, running through August 31, 2033
Corporate lease signed by Mattress Firm, Inc.
Two (2), 5-year renewal options extending potential tenancy through August 31, 2043
Rent escalations built into both option periods: $38.50 PSF in Option 1 and $42.35 PSF in Option 2, representing meaningful mark-to-market upside
The highly visible subject property is located at the intersection of Rand Road (22,099 VPD), a major retail thoroughfare, and Central Road
Directly across the street is Mount Prospect Plaza, a Walmart Supercenter anchored center with several other top tier national retailers

Property Flyers

Amenities

  • Signalized Intersection

Public Transportation

Commuter RailDriveWalkDistance
Mount Prospect Station (Union Pacific Northwest Line - Northeast Illinois Regional Commuter Railroad (Metra)) 3 min 20 min 1.1 mi
Cumberland Station (Union Pacific Northwest Line - Northeast Illinois Regional Commuter Railroad (Metra)) 5 min - 1.8 mi
AirportDriveWalkDistance
Chicago O'Hare International 15 min - 8.8 mi
Chicago Midway International 44 min - 24.4 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 17
Type: Surface
Included in Rent: Yes
Jack Navarra 415-274-2705 CP Partners CRE
Jack Navarra 415-274-2705 CP Partners CRE