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107 Suite B 107 Mall Dr 5,187 - 26,874 SF of Retail Space Available in Normal, IL 61761
HIGHLIGHTS
- Great retail or office opportunity
- Highly Trafficked Area
- Zoned B-1 for General Business District
SPACE AVAILABILITY (2)
Display Rental Rate as
- SPACE
- SIZE
- CEILING
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Ceiling | Term | Rental Rate | Rent Type | |
| 1st Floor, Ste 107 B | 5,187 SF | - | Negotiable | $19.54 CAD/SF/YR $1.63 CAD/SF/MO $101,369 CAD/YR $8,447 CAD/MO | Triple Net (NNN) | |
| 1st Floor, Ste A | 16,500-21,687 SF | 16’ | Negotiable | $15.36 CAD/SF/YR $1.28 CAD/SF/MO $333,006 CAD/YR $27,751 CAD/MO | Triple Net (NNN) |
1st Floor, Ste 107 B
Discover the exceptional opportunity to lease 5,187 SF of prime retail or office space in a highly sought after location, just off the intersection of College Ave. and Veterans Parkway. Suite B at 107 Mall Drive offers a lot of space! The front of the suite is wide open and would be ideal for a variety of uses. You'll also find a very spacious back storage area, complete with two offices, as well as a large room that could be utilized as a conference or gathering area. The property is situated in a bustling commercial development, adjacent to Target and College Hills Mall, plus many retail and dining options. Join neighboring tenants LVL Up Coffee, Magnolia Salon & Sweetbay Boutique, KBL Design Center, and Jill S. Young Family Dental Center to round out the complex. This is a NNN lease, with fees not to exceed $3.00/SF.
- Lease rate does not include utilities, property expenses or building services
- Partially Built-Out as Standard Retail Space
- Located in-line with other retail
- Space is in Excellent Condition
- Central Air and Heating
- Private Restrooms
- High Ceilings
- Drop Ceilings
- Great retail or office opportunity
- Zoned B-1 for General Business District
- Highly Trafficked Area
1st Floor, Ste A
Discover the flexibility and functionality of this conveniently located approximately 16,500 SF retail showroom suite with warehouse storage. The spacious showroom features non-load-bearing, removable walls, allowing you to create a wide-open floor plan or easily customize the layout to suit your operational needs. With approximately 16-foot ceiling height throughout, the space feels open and expansive, ideal for showcasing products or creating an inviting customer experience. The property also includes both a dock door and an overhead door, ensuring seamless access for deliveries and shipping. This suite can be adjoined with Suite B next door for a combined SF footprint of 21,497. Join neighboring tenants LVL Up Coffee, Magnolia Salon & Sweetbay Boutique and Jill S. Young Family Dental Center to round out the complex. This is a NNN lease, with fees not to exceed $3.00/SF.
- Lease rate does not include utilities, property expenses or building services
- Partially Built-Out as Specialty Space
- Located in-line with other retail
- Space is in Excellent Condition
- Central Air and Heating
- Private Restrooms
- High Ceilings
- Exposed Ceiling
- Secure Storage
- Finished Ceilings: 16’
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 107 SUITE B
- TENANT
- DESCRIPTION
- US LOCATIONS
- REACH
- Jill Young DMD
- -
- 1
- -
- LVL Up Coffee
- -
- -
- -
- Magnolia Salon
- Ladies' Apparel
- 1
- -
| TENANT | DESCRIPTION | US LOCATIONS | REACH |
| Jill Young DMD | - | 1 | - |
| LVL Up Coffee | - | - | - |
| Magnolia Salon | Ladies' Apparel | 1 | - |
PROPERTY FACTS
| Total Space Available | 26,874 SF | Gross Leasable Area | 29,775 SF |
| Min. Divisible | 5,187 SF | Year Built | 1986 |
| Property Type | Retail | Parking Ratio | 2.18/1,000 SF |
| Property Subtype | Freestanding |
| Total Space Available | 26,874 SF |
| Min. Divisible | 5,187 SF |
| Property Type | Retail |
| Property Subtype | Freestanding |
| Gross Leasable Area | 29,775 SF |
| Year Built | 1986 |
| Parking Ratio | 2.18/1,000 SF |
ABOUT THE PROPERTY
Discover the exceptional opportunity to lease prime retail, office, or flex/warehouse space in a highly sought after location, just off the intersection of College Ave. and Veterans Parkway. Join neighboring tenants LVL Up Coffee, Magnolia Salon & Sweetbay Boutique and Jill S. Young Family Dental Center to round out the complex. This is a NNN lease, with fees not to exceed $3.00/SF.
- Corner Lot
NEARBY MAJOR RETAILERS
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107 Suite B | 107 Mall Dr
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