Your email has been sent.
Lexington Commons Plaza 1041-1073 Lake Cook Rd 1,156 - 7,122 SF of Retail Space Available in Wheeling, IL 60090
HIGHLIGHTS
- 27,000-SF center with tenants like Subway and Serenity Hair, shadow-anchored by a Starbucks drive-thru for high daily foot and vehicle traffic.
- Surrounded by 244,000 residents and 146,000 daytime workers within 3 miles, ideal for businesses targeting dense suburban demographics.
- Prime location at Lake Cook and Lexington Roads in Wheeling, IL, with a signalized corner for easy access and full visibility from Lake Cook.
- Exceptional visibility on Lake Cook Road with 29,700 vehicles per day and an affluent local population averaging $157K household income.
SPACE AVAILABILITY (4)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 1049 | 1,156 SF | Negotiable | $25.11 CAD/SF/YR $2.09 CAD/SF/MO $29,031 CAD/YR $2,419 CAD/MO | Triple Net (NNN) | ||
| 1st Floor, Ste 1055 | 2,380 SF | Negotiable | $25.11 CAD/SF/YR $2.09 CAD/SF/MO $59,770 CAD/YR $4,981 CAD/MO | Triple Net (NNN) | ||
| 1st Floor, Ste 1065 | 1,240 SF | Negotiable | $25.11 CAD/SF/YR $2.09 CAD/SF/MO $31,141 CAD/YR $2,595 CAD/MO | Triple Net (NNN) | ||
| 1st Floor, Ste 1069 | 2,346 SF | Negotiable | $25.11 CAD/SF/YR $2.09 CAD/SF/MO $58,917 CAD/YR $4,910 CAD/MO | Triple Net (NNN) |
1st Floor, Ste 1049
Suite 1049 features 1,156 square feet of retail shell space, available immediately and ideal for businesses seeking a customizable storefront.
- Lease rate does not include utilities, property expenses or building services
- Located in-line with other retail
1st Floor, Ste 1055
- Lease rate does not include utilities, property expenses or building services
- Located in-line with other retail
1st Floor, Ste 1065
Suite 1065 offers 1,240 square feet of built-out space previously used as a fast-casual restaurant, complete with a deep freezer and ready for immediate occupancy.
- Lease rate does not include utilities, property expenses or building services
- Located in-line with other retail
1st Floor, Ste 1069
Suite 1069 includes 2,346 square feet of shell space, providing a blank canvas for retailers, service providers, or food operators looking to establish a presence in a thriving commercial corridor.
- Lease rate does not include utilities, property expenses or building services
- Located in-line with other retail
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 LEXINGTON COMMONS PLAZA
- TENANT
- DESCRIPTION
- US LOCATIONS
- REACH
- Mini Donut Factory
- Donut Shop
- 2
- Local
- Stella's Place
- Other Services
- 34
- Local
- Thai Buri
- Restaurant
- 1
- Local
- Wah Feng
- Restaurant
- 1
- Local
| TENANT | DESCRIPTION | US LOCATIONS | REACH |
| Mini Donut Factory | Donut Shop | 2 | Local |
| Stella's Place | Other Services | 34 | Local |
| Thai Buri | Restaurant | 1 | Local |
| Wah Feng | Restaurant | 1 | Local |
PROPERTY FACTS
| Total Space Available | 7,122 SF | Total Land Area | 2.18 AC |
| Property Type | Retail | Year Built | 1984 |
| Property Subtype | Storefront | Parking Ratio | 3.67/1,000 SF |
| Gross Leasable Area | 27,232 SF | Cross Streets | Lexington Dr |
| Total Space Available | 7,122 SF |
| Property Type | Retail |
| Property Subtype | Storefront |
| Gross Leasable Area | 27,232 SF |
| Total Land Area | 2.18 AC |
| Year Built | 1984 |
| Parking Ratio | 3.67/1,000 SF |
| Cross Streets | Lexington Dr |
ABOUT THE PROPERTY
Lexington Commons Plaza is a highly visible shopping center that offers multiple spacious retail spaces in Chicago’s affluent Northwest suburbs. The shopping center spans 27,058 square feet on a 2.18-acre parcel, with a strong parking ratio of 3.71 spaces per 1,000 square feet and 100 surface parking spaces available for customers and tenants. In-line suites offer excellent visibility and signage opportunities. Positioned at a signalized intersection with full visibility from Lake Cook Road, the property benefits from nearly 30,000 vehicles per day, making it a prime location for retailers seeking high traffic exposure. It is surrounded by a dense residential population of over 244,000 people and a daytime employment base of 146,000 within a 5-mile radius, making it an ideal destination for both convenience-driven and destination retail. Lexington Commons Plaza is shadow-anchored by a 4,111-square-foot Starbucks with a drive-thru. The shopping center is surrounded by multiple national brands, including Lake Buffalo Wild Wings, Extra Space Storage, and Cook KinderCare, creating strong cross-traffic and consistent footfall. Lexington Commons Plaza is ideal for businesses targeting suburban demographics. The average household income in the area is approximately $157,000, reflecting strong consumer spending power. Tenants also benefit from prominent pylon signage, business-specific signage options, and direct access to Interstate 55 for a logistical advantage and increased regional connectivity. This retail center presents an exceptional leasing opportunity for businesses looking to grow in a dynamic, high-demand market with long-term potential.
- Pylon Sign
- Restaurant
- Signage
- Signalized Intersection
DEMOGRAPHICS
Demographics
NEARBY MAJOR RETAILERS
Presented by
Lexington Commons Plaza | 1041-1073 Lake Cook Rd
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.