Retail in Arlington Heights, IL — Lease in Arlington Heights, IL

  • Price: Contact for price
  • Listing type: For lease
  • Asset type: Retail Business
  • Location: Arlington Heights, IL 60004

Photos

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Description

Anchor and Small Shop Space Available - Join the Largest Center in Arlington Heights DOMINANCE - Largest Center in Arlington Heights - 1.4M Annual Visits DRAWING POWER - 6 Anchor Tenants - Over 1 Million SF of Retail within 1/4 Mile - Join Dick's, Best Buy, and LA Fitness EXPOSURE - Frontage on 3 Major Roads - 85,900 VPD Traffic Counts - 4 Traffic Lights - 3 Pylon Signs - Unobstructed Visibility OPPORTUNITY - Anchor Space 39,796 SF (DIVISIBLE) - Shop Space - 9,912 SF & 1,294 SF

Market Context

This retail in Arlington Heights, IL is listed for lease. Compare it against other retail listings for lease in Arlington Heights, IL — view the full market.

As of Q4 2025, the Chicago retail market showed a 5.1% vacancy rate, average asking rents near $19.00/SF/yr, rents up 2.4% year over year, and cap rates around 7.9%. Source: multiple brokerage reports, Q4 2025.

Rising rents point to a competitive market where well-priced, well-located space leases quickly.

Retail market FAQ

What is the typical cap rate for retail in Chicago?
About 7.9% as of Q4 2025, per multiple brokerage reports.
Is the Chicago retail market tightening or softening?
Vacancy is around 5.1%, with asking rents rising year over year (Q4 2025).

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