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HIGHLIGHTS
- High Visibility Retail Space
- 1 Mile from Block 59 & Fox Valley Mall
- Adjacent to #1 Ranked Suburban Metra Rail Station
- Anchored by Haraz Coffee House & Metro 59 Apartments
- 50,000+ VPD on Route 59
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 104 | 3,000 SF | 5-10 Years | $53.04 CAD/SF/YR $4.42 CAD/SF/MO $159,135 CAD/YR $13,261 CAD/MO | Triple Net (NNN) |
1st Floor, Ste 104
Inline retail space currently occupied by a mattress store, and available with 90 days notice. The space features an open layout with 46' of frontage and two ADA restrooms
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Retail Space
- Located in-line with other retail
- Space is in Excellent Condition
- Central Air and Heating
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 | 3,000 SF | Gross Leasable Area | 9,030 SF |
| Property Type | Retail | Year Built | 1998 |
| Property Subtype | Freestanding | Parking Ratio | 4.31/1,000 SF |
| Total Space Available | 3,000 SF |
| Property Type | Retail |
| Property Subtype | Freestanding |
| Gross Leasable Area | 9,030 SF |
| Year Built | 1998 |
| Parking Ratio | 4.31/1,000 SF |
ABOUT THE PROPERTY
High visibility retail space with exceptional frontage on Route 59 (50,000+ VPD) adjacent to Metra 59 Station, the top ranked suburban Metra commuter rail station by ridership. The center is anchored by Haraz Coffee House, and shadow anchored by Metro 59 Apartments (242 existing apartments with 240 additional apartments planned). 1076 IL Route 59 is situated in the Heart the Rt 59 retail corridor, one of the busiest retail corridors in the western suburbs. The center is additionally supported by adjacent retail including Meijer, Target, and Urban Air Adventure Park. It less than a mile north of Block 59 and the Fox Valley Mall a 1.5 million square foot enclosed regional mall anchored by Macy’s and JCPenney. The area is a magnet for new development including more than 1,000 Residential units (under construction) within 1 mile.
- 24 Hour Access
- Corner Lot
- Pylon Sign
- Signage
- Tenant Controlled HVAC
- Wheelchair Accessible
- Monument Signage
- Air Conditioning
NEARBY MAJOR RETAILERS
Presented by
1076 Route 59
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