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.
The subject property is strategically located on the border of Prospect Heights and Arlington Heights, two of Chicago’s most dynamic northwest suburbs, known for their affluent residential bases, strong demographics, and vibrant commercial corridors. Positioned on a well-trafficked thoroughfare, the property benefits from excellent visibility and accessibility, making it an ideal location for a variety of retail uses.
Just minutes from the thriving downtown Arlington Heights district, the area draws consistent foot traffic thanks to its wide selection of restaurants, boutiques, and entertainment venues such as Metropolis Performing Arts Centre and Arlington Ale House. Nearby national retailers and local favorites—including Mariano’s, Trader Joe’s, and Target—further anchor the area’s commercial appeal. Arlington International Racecourse and several public parks contribute to steady daytime and weekend traffic.
The property enjoys outstanding connectivity to regional and local transit. It is conveniently located near I-90 and Route 53, providing direct access to surrounding suburbs and downtown Chicago. Additionally, the property is in close proximity to the I-90/94 interchange and the Jefferson Park Transit Center, which offers service via the CTA Blue Line, Metra, and Pace bus routes, enhancing accessibility for both customers and employees.
- Single-Tenant Net Leased Property in Prospect Heights
- Leased to Auto Glass Now – National Auto Glass Provider
- Corporate Guarantee by Driven Brands (NASDAQ: DRVN)
- Driven Brands Operates 5,000+ Locations Across North America
- High-Visibility Location on Busy Rand Road Retail Corridor
- Surrounded by Dense Residential and National Retailers
- Long-Term Lease with Stable Income Stream