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101 Franks Rd 24,500 SF of Retail Space Available in Marengo, IL 60152
Highlights
- Constructed in 2010 with reinforced concrete architecture and a 20-foot clear ceiling height.
- Zoning designation: B, supporting a range of commercial and entertainment uses.
- Equipped with a sprinkler system, 400-amp electrical capacity, and an 8x10 drive-in loading door.
- Includes a fully outfitted commercial kitchen and foodservice infrastructure.
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 24,500 SF | Negotiable | $12.97 CAD/SF/YR $1.08 CAD/SF/MO $317,857 CAD/YR $26,488 CAD/MO | Triple Net (NNN) |
1st Floor
This fully built-out entertainment venue offers a dynamic leasing opportunity in Marengo, Illinois, with convenient access to I-90 via Routes 20 and 23. The property spans approximately 24,500 SF on a 1.36-acre site and is supported by reinforced concrete construction, a 20-foot clear ceiling height, and over 100 parking spaces. With modern mechanical systems, sprinkler coverage, and 400 amps of power, the infrastructure supports high-capacity hospitality or recreational uses. The interior is turnkey for entertainment operations featuring a 16-lane Brunswick GSX bowling alley, a fully equipped commercial kitchen, and restaurant and bar seating for more than 100 patrons combined. Additional amenities include gaming areas and transferable liquor and gaming licenses, enabling multiple revenue streams for tenants. The layout is well-suited for a high-traffic entertainment hub, with efficient loading capabilities via an 8x10 drive-in door. Situated within a business-friendly municipality, the property benefits from low McHenry County taxes and strong connectivity to nearby population centers. This is an outstanding opportunity for regional operators seeking a visible, accessible destination venue.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Specialty Space
- Space is an outparcel at this property
- Central Air Conditioning
- Includes 16-lane Brunswick GSX bowling structure.
- Liquor and gaming licenses are transferable.
- Restaurant and bar included.
- Property features over 100 surface parking spots.
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
Property Facts
| Total Space Available | 24,500 SF | Gross Leasable Area | 24,500 SF |
| Property Type | Retail | Year Built | 2010 |
| Property Subtype | Bowling Alley | Parking Ratio | 4.08/1,000 SF |
| Total Space Available | 24,500 SF |
| Property Type | Retail |
| Property Subtype | Bowling Alley |
| Gross Leasable Area | 24,500 SF |
| Year Built | 2010 |
| Parking Ratio | 4.08/1,000 SF |
About the Property
One-story commercial building located on Franks Road in Marengo, Illinois. The site comprises 1.36 acres and was developed in 2010 using reinforced concrete construction. The structure includes a 20-foot ceiling height, sprinkler system, and loading access via one drive-in door. Electrical service capacity is listed as 400 amps. On-site parking includes more than 100 spaces. Zoning is designated as B. The location is in proximity to the I-90 Interstate Highway, accessible via U.S. Routes 20 and 23.
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101 Franks Rd
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