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Western Plaza 1014-1024 S Western Ave 1,660 SF of Retail Space Available in Chicago, IL 60612
HIGHLIGHTS
- Located in Western Plaza Shopping Center
- Signage Opportunity at Top of Sign Tower
- End Cap Space
- Parking Lot & Accessible Street Parking on site
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 1,660 SF | 3-5 Years | $40.48 CAD/SF/YR $3.37 CAD/SF/MO $67,200 CAD/YR $5,600 CAD/MO | Triple Net (NNN) |
1014-1024 S Western Ave - 1st Floor
2nd Generation Restaurant Space Available in the Western Plaza shopping center. Unit C is 1,660 SF with 22' hood ventilation and walk-in cooler & walk-in freezer. The space and FF&E are offered in "As-Is" condition. Located in the Tri-Taylor neighborhood near the Illinois Medical District and walking distance to the IMD Gateway development. Frontage along Western Avenue with over 24,000 vehicles per day and high pedestrian traffic counts. Co-tenants include Diva's Nail & Spa, BUW Human Hair Store, Doll's Kitchen & Catering, and recently signed Rosati's Pizza.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as a Fast Food Restaurant
- Located in-line with other retail
- Space is in Excellent Condition
- Central Air and Heating
- Located in Western Plaza Shopping Center
- 2nd Generation Restaurant Space
- Furniture, Fixtures, & Equipment Included
- Parking Lot & Accessible Street Parking On-Site
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.
SELECT TENANTS AT WESTERN PLAZA
- TENANT
- DESCRIPTION
- US LOCATIONS
- REACH
- BUW Human Hair Factory Store
- Retailer
- -
- -
- Diva's Nail & Spa
- Services
- -
- -
- Doll's Kitchen & Catering
- Accommodation and Food Services
- -
- -
- Rosati's Pizza
- Accommodation and Food Services
- -
- -
| TENANT | DESCRIPTION | US LOCATIONS | REACH |
| BUW Human Hair Factory Store | Retailer | - | - |
| Diva's Nail & Spa | Services | - | - |
| Doll's Kitchen & Catering | Accommodation and Food Services | - | - |
| Rosati's Pizza | Accommodation and Food Services | - | - |
PROPERTY FACTS
| Total Space Available | 1,660 SF | Frontage | |
| Center Type | Strip Center | Gross Leasable Area | 6,313 SF |
| Parking | 10 Spaces | Total Land Area | 0.28 AC |
| Center Properties | 1 | Year Built | 2009 |
| Total Space Available | 1,660 SF |
| Center Type | Strip Center |
| Parking | 10 Spaces |
| Center Properties | 1 |
| Frontage | |
| Gross Leasable Area | 6,313 SF |
| Total Land Area | 0.28 AC |
| Year Built | 2009 |
ABOUT THE PROPERTY
2nd Generation Restaurant Space Available in the Western Plaza shopping center. Unit C is 1,660 SF with 22' hood ventilation and walk-in cooler & walk-in freezer. The space and FF&E are offered in "As-Is" condition. Located in the Tri-Taylor neighborhood near the Illinois Medical District and walking distance to the IMD Gateway development. Frontage along Western Avenue with over 24,000 vehicles per day and high pedestrian traffic counts. Co-tenants include Diva's Nail & Spa, BUW Human Hair Store, Doll's Kitchen & Catering, and recently signed Rosati's Pizza.
- Pylon Sign
NEARBY MAJOR RETAILERS
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Western Plaza | 1014-1024 S Western Ave
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