RV pg1 - Randhurst Village

MOUNT PROSPECT, ILLINOIS
DISCOVER
SAVOR
EXPERIENCE
A
D Y N A M I C R E TA I L
EXPERIENCE
Randhurst Village the exciting redevelopment
of Randhurst Mall into a vibrant, open-air
mixed-use center. The shopping village
features new national and regional retailers,
a 12-screen state-of-the-art cinema,
second-floor office space, a 140-room hotel
and a wide range of dining options. All
located in an inviting streetscape that is a
popular destination for trade area residents
and visitors alike.
Property Overview
STRONG PERFORMING ANCHORS
Randhurst Village features core quality tenant
stability and sales performance. AMC Theatres is
the premier cinema destination for movie-goers in
Chicago’s northwest suburbs and ranks in the top
20% of sales for Chicago theater destinations.
Costco is the only location serving the northwest
suburbs north of I-90 and west of I-294, creating
exceptional consumer draws to the site. The
209,224 SF Carson’s ranks in top 20% of sales for
the chain. Randhurst Village is also home to one of
only 200 PetSmart’s locations that features its
PetsHotel concept out of its 1400 locations.
T O TA L L E A S A B L E A R E A
1,009,937 SF
HOTEL
Randhurst Village is home to the separately owned
Hampton Inn & Suites hotel, which brings in
increased daily traffic and is the top performing hotel
in its peer group in the northwest suburbs.
L O C AT I O N
20 miles northwest of downtown Chicago at the
northeast corner of Rand Road & Elmhurst Road
Mount Prospect
Demographics
AVG. H O U S E H O L D I N CO M E ( 2 0 1 5 )
$9 5 ,0 1 3
MEDIAN HOUSEHOLD INCOME (2015)
$76,0 82
M E D I A N H O M E VA L U E ( 2 0 1 5 )
$ 3 0 3 ,3 09
P E R C E N TA G E O F H O M E O W N E R S
81 .7 %
T O TA L H O U S E H O L D E X P E N D I T U R E
$ 1 .59 B i l l i o n
W E LCO M E H O M E
Mount Prospect is a prime location for business
with Kensington Business Center located just south
of Randhurst Village. This is a prestigious business
park covering comprised of 3.25 million square feet
on 300 acres and includes lakes, jogging trails,
and picnic areas. The business park is home to
numerous office and medical tenants such as
Caremark, MetLife, AT&T, and Cummins Allison,
drawn by the area’s many amenities including its
proximity to O’Hare international Airport making
Randhurst Village a great place to do lunch.
MAJOR EMPLOYERS
Mount Prospect is home to over 5,300 businesses
with over 93,000 people working within a 3-mile
radius of Randhurst Village including the following:
EMPLOYER
NUMBER
OF EMPLOYEES
Caremark Rx, Inc.
809
Bosch Tools
650
Cummins-Allison Corp.
450
MetLife
445
Village of Mount Prospect
313
Rauland Borg
300
Wal-Mart Stores, Inc.
300
Tr a d e A r e a
Demographics
P O P U L AT I O N
1 MILE
3 MILES
5 MILES
12,116
109,450
314,430
1,974
21,287
55,055
HH Income 75K+%
39.9%
48.6%
43.3%
HH Income 100K+
1,396
15,235
38,015
28.2%
34.8%
29.9%
$83,885
$96,643
$87,877
43.5%
51.4%
47.4%
Estimated Population (2015)
HH Income 75K+
HH Income 100K+%
Avg. HH Income
Education (Bachelor+%)
R E TA I L C O L L E C T I O N
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RAND & ELMHURST ROADS
MOUNT PROSPECT, ILLINOIS
randhurstvillage.com
For Leasing Information
Holly Estler | 630-571-6450 | [email protected]
LEASING | CULTURE | VALUE
1315 W. 22nd St., Suite 250, Oak Brook, IL 60523 | 877-701-1700 | dlcmgmt.com