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1017 W Lane Rd 13,969 SF of Retail Space Available in Machesney Park, IL 61115
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 13,969 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | Triple Net (NNN) |
1st Floor
- Lease rate does not include utilities, property expenses or building services
- Space is an outparcel at this property
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 | 13,969 SF | Year Built | 2025 |
| Property Type | Retail | Construction Status | Proposed |
| Gross Leasable Area | 13,969 SF |
| Total Space Available | 13,969 SF |
| Property Type | Retail |
| Gross Leasable Area | 13,969 SF |
| Year Built | 2025 |
| Construction Status | Proposed |
ABOUT THE PROPERTY
Prime outlot situated at the corner of Highway 251 and Illinois Route 173. This location offers exceptional visibility and accessibility, making it an ideal site for new construction. Located at the intersection of West Lane Road (Route 173) and Highway 251, with over 40,000 vehicles passing daily. Part of Machesney Park’s primary retail corridor, adjacent to the popular Machesney Crossings shopping center. The outlot's location and visibility make it suitable for various retail or service-oriented businesses. Anchored by major tenants like TJ Maxx, Michaels, Ulta, Starbucks, and Noodles & Co., this shopping center attracts a diverse customer base. Close to national retailers such as Target, Kohl’s, Home Depot, Lowe’s, and Meijer, enhancing foot traffic and consumer interest.
NEARBY MAJOR RETAILERS
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1017 W Lane Rd
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