Batteries Plus

409 S. Rand Road, Lake Zurich, IL
Deal Type:
Net Lease
Cap Rate:
Current Rent:
Lease Type:
Triple Net
Landlord Responsibilities:
Renewal Options:
1, 5-year option
Building Sq. Ft.:
1,700 SF
Rent Increases:
16% per option
Site Size:
0.3 Acres

Investment Highlights

  • COMMITMENT: Corporate absolute NNN lease structure with a 16% rent increase in the remaining option period. The tenant has a 30+ year site history and recently renewed their lease showing long term commitment to the site and customer base.
  • CREDIT: Batteries Plus is the largest and fastest growing battery retailer with over 700 locations nationwide.
  • LOCATION: Situated on Rand Rd, the main retail thoroughfare in the area providing exposure to 40,000 VPD
  • DEMOGRAPHICS: Property is located in an Affluent Chicago MSA location with average household income of $160,000 and population in excess of 83,000 within 3 miles.
  • SURROUNDING RETAIL: Pad to a Jewel Osco anchored shopping center with nearby retailers including Costco, Target, Walmart, Home Depot, and Trader Joe’s, among others.

Listing Agents

Graham Gold

Vice President
314 324 8792
[email protected]

Jordan Shtulman

Managing Principal
847 226 4133
[email protected]

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