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SPACE AVAILABILITY (2)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 6,800 SF | Negotiable | $30.47 CAD/SF/YR $2.54 CAD/SF/MO $207,183 CAD/YR $17,265 CAD/MO | Triple Net (NNN) | ||
| 2nd Floor | 1,200 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | TBD |
1st Floor
Free standing 6,800 sf footprint restaurant, Ideal setting for fine or casual dining. Unique space features two levels of dining with a glass enclosed atrium on first floor and 1552sf dining area under vaulted skylight ceiling on second floor, plus basement. Fully equipped kitchen. Convenient drive-up window for phone orders. Property has shared parking and cross easements with the office development around it. Office and storage in basement & plenty of parking Located on newly expanded Route 30 in premier Frankfort community.41,697 population in 3 mile radius with 14,125 households with a median home value in excess of $300,000.. Over 20,000 vehicles per day drive by the building. WalletHub ranked as 2nd best city in Illinois for job growth. Frankfort's historic downtown is home to unique boutiques, quality restaurants, and a wide variety of family-friendly community events that create a vibrant town center amidst a quintessential small-town setting.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as a Restaurant or Café Space
- restaurant available
2nd Floor
2nd floor retail space for lease.
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 | 8,000 SF | Gross Leasable Area | 8,000 SF |
| Property Type | Retail | Year Built/Renovated | 1993/2019 |
| Property Subtype | Restaurant |
| Total Space Available | 8,000 SF |
| Property Type | Retail |
| Property Subtype | Restaurant |
| Gross Leasable Area | 8,000 SF |
| Year Built/Renovated | 1993/2019 |
FEATURES AND AMENITIES
- Drive Thru
NEARBY MAJOR RETAILERS
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10211 W Lincoln Hwy
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