1205 N Rand Rd, Prospect Hts Local commercial 372 m² 100 % Loué À vendre Prospect Heights, IL 60070 699 406 € (1 882,09 €/m²) Taux de capitalisation 8,01 %

Essex Realty Group, LLC. is exclusively engaged to market for sale 1205 E. Rand Rd., a single-tenant net-leased investment property located in the thriving northwest suburb of Prospect Heights on the border of Arlington Heights, Illinois. The property is 100% leased to Auto Glass Now, a national auto glass repair and replacement provider, on a long-term, net lease with minimal landlord responsibilities.
The tenant, Auto Glass Now, operates under the umbrella of Driven Brands Holdings Inc. (NASDAQ: DRVN), the largest automotive services company in North America. Driven Brands’ expansive portfolio includes household names such as Take 5 Oil Change, Meineke, MAACO, Carstar, and Auto Glass Now, with more than 5,000 locations across 49 states and 10 countries. The guarantee from Driven Brands significantly enhances the credit profile of the lease and offers investors long-term income security backed by a publicly traded corporate entity with over $2 billion in annual revenue.
The lease structure at 1205 E. Rand Rd. is a net lease deal, providing investors with passive income and limited management responsibilities, making it ideal for out-of-state or hands-off investors seeking stable, long-term cash flow.
Located along the high-traffic Rand Road retail corridor, the property benefits from strong visibility and accessibility, with excellent surrounding demographics and proximity to national retailers and service providers. The Prospect Heights submarket boasts a robust economic base, strong consumer demand, and low vacancy rates, making it a premier suburban retail location.
This offering presents an exceptional opportunity to acquire a stable, passive, net-leased asset backed by a nationally recognized and creditworthy guarantor. The investment offers immediate, predictable income and long-term security in one of suburban Chicago’s most attractive retail corridors.