Commercial Real Estate in Arlington Heights – Offices, Warehouses, and Retail for Lease
Discover premium commercial properties across Arlington Heights’s top neighborhoods. Flexible lease terms, investment-ready buildings, and expert local support.
Explore Commercial Real Estate Opportunities Across Arlington Heights
Arlington Heights, located in Chicago’s northwest suburbs, is a vibrant submarket with strong demand for office, retail, and mixed-use properties. Its proximity to O’Hare International Airport, major highways, and downtown Chicago makes it a strategic hub for businesses seeking suburban convenience without losing urban connectivity. Known for its growing downtown, walkable amenities, and thriving business corridors, Arlington Heights offers dynamic opportunities for companies of all sizes and investors across asset classes.
Submarket Intelligence
Arlington Heights combines affordability with accessibility, offering competitive lease rates compared to Chicago’s CBD while maintaining strong tenant demand. The submarket’s commercial growth is supported by its affluent residential base, award-winning schools, and retail-centric downtown district. Its mixed-use development activity continues to rise, appealing to both retailers and professional services. With strong industrial presence along I-90, Arlington Heights is a balanced market where businesses and investors alike can find long-term stability and growth.
Sub Market Summaries:
- Downtown Arlington Heights – Mixed-use hub with retail, dining, and professional offices.
- I-90 Corridor – Industrial and office parks near major transportation routes.
- Rand Road Retail Corridor – High-traffic retail opportunities for national and local brands.
- Arlington International Area – Redevelopment potential and mixed-use investment opportunities.
Arlington Heights Commercial Real Estate
3205-3231 North Wilke Road
- 90929 Sq Ft
- Office
Best Commercial Spaces for Startups in Arlington Heights
What to Look For: Startups in Arlington Heights benefit from leasing small office suites, coworking environments, or flexible Class B properties downtown. These spaces offer affordability, shared amenities, and scalability for growing businesses. Arlington Heights’ walkable downtown and access to I-90 make it convenient for attracting clients and employees. Boxer Property helps startups identify office solutions that fit their budgets while providing professional work environments, allowing entrepreneurs to focus on innovation and long-term business growth.
Top Office Locations in Arlington Heights for Legal Practices
Law firms seeking office space in Arlington Heights thrive in downtown Class B buildings and I-90 corridor office parks. Downtown properties provide proximity to clients, restaurants, and retail amenities, ideal for boutique practices. Larger firms benefit from professional Class A offices with conference rooms and modern amenities near I-90. Boxer Property specializes in securing office solutions that reflect a law firm’s professional image while offering flexible terms and layouts suited for daily operations.
Build-to-Suit Properties for Franchises in Arlington Heights
Yes, Arlington Heights supports build-to-suit opportunities for franchise owners, particularly along Rand Road and near redevelopment zones such as the Arlington International site. These properties provide customizable layouts tailored to franchise needs, ensuring optimal branding and operational efficiency. Retail franchises thrive in high-traffic corridors, while light industrial build-to-suit opportunities serve service-based operations. Boxer Property works with franchise owners to identify strategic sites, negotiate terms, and align real estate solutions with growth objectives.
Real Estate Solutions for Remote Teams and Hybrid Offices
Remote and hybrid teams benefit from Arlington Heights’ flexible leasing market. Options include coworking spaces, shared suites, and small professional offices downtown or near I-90. These spaces provide essential amenities such as meeting rooms, high-speed internet, and collaborative areas while allowing cost efficiency. Arlington Heights offers an affordable suburban alternative to Chicago’s CBD. Boxer Property helps businesses design leasing strategies that support hybrid work models while maintaining a professional suburban presence.
Asset Type Filters
| Type | Description | Availability |
|---|---|---|
| Office Space | Class A and B buildings, coworking, and small professional suites | High |
| Retail | Downtown storefronts and Rand Road retail centers | Moderate |
| Industrial | I-90 corridor warehouses with logistics features and distribution potential | Tight |
Market Trends, Reports & Investment Insight
- Average Lease Pricing: Office ($20–$30 PSF), Retail ($22–$38 PSF), Industrial ($7–$11 PSF).
- Performance Data: Industrial vacancies remain tight; retail steady with consumer traffic; office stable with flexible leasing demand.
- SMB Insights: Leasing offers startups and small businesses cost-effective flexibility, preserving capital for growth.
- Cap Rates & NOI: Industrial (6–6.5%), Retail (6.5–7%), Office (7–7.5%); NOI trends remain steady due to strong suburban demographics.
Commercial Real Estate Arlington Heights FAQ
+ What is the current demand for office space in Arlington Heights?
Office demand in Arlington Heights is steady, with downtown spaces attracting professional services and startups, while Class A offices near I-90 draw larger corporations. Coworking and flexible offices have also gained traction due to hybrid workplace trends. Compared to Schaumburg, Arlington Heights offers more affordability while still maintaining strong amenities. Overall, demand remains consistent, with tenants seeking professional environments close to clients, transit, and suburban residential communities. Boxer Property tracks availability daily.
+ Is now a good time to invest in commercial real estate in Arlington Heights?
Yes, Arlington Heights offers favorable investment opportunities in 2025. Its balanced mix of office, retail, and industrial properties provides stability for investors. Redevelopment potential around the Arlington International site presents long-term growth, while steady retail and industrial demand ensures cash flow. Compared to downtown Chicago, Arlington Heights offers lower entry costs with strong suburban demographics. Boxer Property advises investors on cap rates, leasing trends, and property acquisitions that align with portfolio strategies.
+ How do I compare lease rates between submarkets?
Arlington Heights offers competitive lease rates compared to nearby Schaumburg, Elk Grove Village, and Mount Prospect. Office rates in Arlington Heights average $20–$30 PSF, slightly lower than Schaumburg’s Class A hubs. Retail rates remain competitive with Mount Prospect, while industrial properties near I-90 rival Elk Grove Village but at reduced cost. Boxer Property assists businesses by comparing lease options across submarkets, ensuring clients secure the most cost-effective, strategically located property for long-term success.
+ Can I lease a warehouse with dock-high loading in Arlington Heights?
Yes, Arlington Heights’ industrial market provides warehouses with dock-high loading, high clear heights, and strong transportation access. These facilities cater to logistics, distribution, and manufacturing businesses serving greater Chicago. Proximity to I-90 and O’Hare International Airport enhances regional connectivity. Industrial demand is high, and vacancies remain limited, so early commitments are advised. Boxer Property offers customized leasing options, helping clients secure modern warehouses that fit operational needs and provide long-term functionality.
+ What are common lease terms for retail properties in Arlington Heights?
Retail leases in Arlington Heights typically span three to ten years, with renewal options available for established tenants. High-traffic corridors like Rand Road often favor longer terms for stability, while downtown storefronts may offer flexible structures for local businesses. Tenants can negotiate signage rights, build-out allowances, and percentage rent clauses. Boxer Property ensures lease agreements align with tenant goals, providing favorable terms while positioning retail businesses for visibility, traffic, and long-term success.
+ What’s the difference between NNN and full-service leases?
In Arlington Heights, retail and industrial spaces commonly use NNN leases, requiring tenants to pay base rent plus property expenses such as taxes, insurance, and maintenance. Office properties more often utilize full-service leases, bundling operating costs into the rent for simplified budgeting. Each structure has benefits depending on tenant strategy. Boxer Property helps clients analyze financial impacts, negotiate terms, and choose lease types that align with business objectives and long-term operational efficiency.
+ How long does it take to close on a CRE investment deal in Arlington Heights?
Closing a commercial real estate deal in Arlington Heights generally takes 60 to 120 days. The timeline depends on due diligence requirements, property inspections, financing approvals, and contract negotiations. Smaller retail or office properties may close more quickly, while large industrial assets or redevelopment projects require extended periods. Proper planning and expert guidance help streamline the process. Boxer Property provides transaction support, ensuring investors meet timelines, mitigate risks, and maximize acquisition outcomes.
+ Can I lease office space without a personal guarantee in Arlington Heights?
Yes, some Arlington Heights landlords may allow office leases without personal guarantees, especially for established corporations or businesses with strong credit. Alternatives such as larger security deposits, letters of credit, or corporate guarantees can be negotiated. These arrangements limit personal liability while still securing professional office space. Boxer Property works closely with tenants to negotiate lease terms, helping businesses maintain financial flexibility while acquiring offices aligned with their operational and branding goals.
+ What are typical tenant improvement allowances in Arlington Heights?
Tenant improvement allowances in Arlington Heights range from $20 to $40 per square foot, depending on the lease term, property class, and landlord incentives. Class A office spaces often offer higher TI budgets for long-term tenants, while Class B properties provide modest packages. TI funds cover renovations such as partitions, flooring, or IT infrastructure. Boxer Property advocates for tenants during negotiations, ensuring improvement packages align with business needs and create productive, functional work environments.
+ Is CRE a good hedge against inflation in 2025 in Arlington Heights?
Yes, commercial real estate in Arlington Heights continues to be a reliable hedge against inflation in 2025. Rising costs allow landlords to adjust rents, preserving income streams. Industrial and retail properties particularly benefit from strong tenant demand and consistent rent growth. Investors enjoy stable cash flows, appreciation potential, and tax advantages. Boxer Property guides clients on strategies to leverage Arlington Heights’ CRE market, ensuring portfolios are well-positioned to counter inflationary pressures effectively.
+ What Types of Commercial Real Estate Are Available in Arlington Heights?
Arlington Heights offers a wide variety of commercial real estate, including Class A and B office spaces, high-visibility retail storefronts, and light industrial warehouses. Downtown Arlington Heights caters to small businesses, law firms, and professional services, while the Rand Road corridor provides excellent retail opportunities. Industrial users benefit from warehouse facilities along I-90. This diverse mix allows companies to find the right property type while investors gain from stable suburban demand.
+ Where Can I Find Office Space for Lease in Arlington Heights’ Business District?
Office space in Arlington Heights is concentrated in its revitalized downtown and along major corridors like I-90. Downtown properties offer walkable access to dining, retail, and transportation, making them attractive for professional services and startups. Larger corporate users benefit from office parks near O’Hare and I-90, which provide Class A amenities and flexible layouts. Boxer Property connects tenants to both small suites and expansive corporate offices that align with their operational needs.
+ Are There Commercial Properties for Rent in Arlington Heights?
Yes, Arlington Heights features commercial properties for lease across office, retail, and industrial sectors. Businesses can find retail spaces in high-traffic locations along Rand Road, office suites in Class B buildings downtown, or light industrial warehouses near I-90. Leasing opportunities range from affordable small suites to larger custom spaces. With steady tenant demand and competitive rates, Boxer Property offers clients the flexibility to secure commercial real estate tailored to their business requirements.
+ Top Neighborhoods to Invest in Commercial Real Estate in Arlington Heights
Investors are drawn to Arlington Heights’ downtown district for its mixed-use development activity and strong retail presence. The Rand Road corridor consistently performs well for national brands, while the I-90 corridor is ideal for industrial and office users. The Arlington International area presents redevelopment potential with large tracts of available land. Together, these neighborhoods provide diverse investment options, supported by strong demographics and steady population growth in Chicago’s northwest suburbs.
+ How Does Arlington Heights’ Commercial Real Estate Market Compare to Nearby Cities?
Compared to nearby submarkets like Schaumburg, Elk Grove Village, and Mount Prospect, Arlington Heights offers a balance of affordability and accessibility. It provides lower lease rates than Schaumburg’s Class A-heavy market, while maintaining strong visibility and consumer traffic similar to Mount Prospect. Industrial availability rivals Elk Grove Village, though at more competitive rates. Businesses and investors view Arlington Heights as a strategic alternative that combines suburban convenience with growth-oriented opportunities.
+ Industrial Warehouses for Lease in Arlington Heights
Arlington Heights’ industrial market offers warehouses with flexible layouts, dock-high loading, and excellent highway access via I-90. These properties serve logistics operators, manufacturers, and distributors that benefit from proximity to O’Hare International Airport and downtown Chicago. Industrial vacancy remains low due to rising e-commerce demand, making space competitive. Boxer Property provides options ranging from smaller flex warehouses to larger distribution centers, ensuring businesses secure space that aligns with operational and logistical needs.
+ Who Offers the Best Retail Storefront Locations in Arlington Heights?
Retail thrives in Arlington Heights, particularly in its downtown district and along Rand Road. National retailers, restaurants, and service providers are attracted to the strong consumer demographics and steady foot traffic. Local boutiques also benefit from the village’s vibrant walkable community. Arlington Heights’ retail storefronts combine visibility, accessibility, and stability. Boxer Property manages retail properties across these corridors, ensuring tenants are positioned for long-term success in one of Chicago’s premier suburban markets.
+ Can I Buy or Lease Mixed-Use Commercial Buildings in Arlington Heights?
Yes, Arlington Heights features growing opportunities for mixed-use commercial properties. The downtown district offers retail and office space integrated with residential units, appealing to both investors and tenants seeking high foot traffic and modern amenities. Mixed-use projects near the Arlington International site also create redevelopment potential. Boxer Property provides access to both leasing and purchase opportunities, helping clients capitalize on this increasingly popular asset class within Arlington Heights’ evolving marketplace.
+ Current Office Space Availability in Arlington Heights’ Submarkets
Office space in Arlington Heights is widely available across downtown, I-90 corridor parks, and mixed-use developments. Class A offices near transportation hubs cater to corporate users, while Class B buildings downtown support professional services and startups. Coworking environments and flexible suites continue to attract hybrid teams. Availability remains competitive compared to nearby Schaumburg, with more cost-effective rates. Boxer Property monitors market inventory, ensuring clients find spaces aligned with budget, amenities, and location.
Talk to a Commercial Broker Specializing in Arlington Heights
Boxer Property’s expert brokers help tenants and investors navigate Arlington Heights’ office, retail, and industrial markets. Whether you’re seeking a lease, purchase, or investment opportunity, we provide tailored solutions backed by deep local knowledge. Schedule a property tour, request a customized quote, or explore investment strategies today. Contact Boxer Property to secure your space in one of Chicago’s most dynamic suburban commercial real estate submarkets.
Property type
› Commercial Real Estate
- › Atlanta
- › Boston
- › Chicago
- › Cleveland
- › Colorado Springs
- › Dallas
- › Denver
- › Fort Worth
- › Houston
- › Los Angeles
- › Memphis
- › New Jersey
- › Phoenix
- › San Antonio
› Executive Office Space
- › Atlanta
- › Boston
- › Chicago
- › Cleveland
- › Colorado Springs
- › Dallas
- › Denver
- › Fort Worth
- › Houston
- › Los Angeles
- › Memphis
- › New Jersey
- › Phoenix
- › San Antonio
What’s the Price to Lease Commercial Space in Arlington Heights?
Find Out Here: Lease rates in Arlington Heights vary depending on property type and location. Office space typically ranges between $20 and $30 per square foot, with premium Class A space near I-90 commanding higher rates. Retail leases along Rand Road average $22 to $38 per square foot, while industrial warehouses near I-90 range from $7 to $11 per square foot. Boxer Property negotiates competitive terms tailored to tenants’ needs, ensuring affordability and long-term value.
Can You Invest in Small Commercial Real Estate in Arlington Heights?
Here’s What to Know: Yes, Arlington Heights presents opportunities for small-scale investors seeking office condos, standalone retail buildings, or smaller warehouse facilities. These properties are popular among private investors and family businesses due to their manageable size and stable cash flows. Downtown Arlington Heights offers retail and office purchase opportunities, while Rand Road provides consistent visibility. Boxer Property assists investors by evaluating property performance, cap rates, and market potential to maximize return on investment.
Understanding Arlington Heights Average Cap Rate for CRE Investments
Cap rates in Arlington Heights typically range from 6.25% to 7.5%, depending on asset type and location. Industrial properties near I-90 tend to have lower cap rates due to strong tenant demand, while office and retail assets offer slightly higher yields. Investors are drawn to Arlington Heights for its stability, affluent demographics, and redevelopment potential. Boxer Property provides data-driven insights, enabling investors to identify opportunities and align portfolios with market trends.
Flexible Lease Terms and Sublease Options for Offices in Arlington Heights
Yes, many landlords in Arlington Heights provide flexible lease terms and sublease opportunities. Startups and growing companies can benefit from shorter lease durations or subleased offices in downtown or I-90 corridor properties. These arrangements allow businesses to scale operations without long-term commitments. Sublease options are particularly attractive in Class A buildings with corporate tenants. Boxer Property negotiates terms that align with client goals, ensuring flexibility, affordability, and stability within Arlington Heights’ office market.
Touring Arlington Heights CRE: How to Book a Visit or Request a Quote
Scheduling a property tour or requesting a quote is simple with Boxer Property. We arrange tours across Arlington Heights’ office, retail, and industrial assets, tailoring visits to clients’ requirements. Quotes are customized based on property type, size, and lease terms, ensuring transparency. Our team provides market comparisons, investment insights, and detailed financial projections. Contact Boxer Property online or by phone to schedule tours and secure the right property for your business.