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Lincolnway Plaza 111 S Lincolnway 1,303 SF of Office/Medical Space Available in North Aurora, IL 60542
HIGHLIGHTS
- Asking Rate: $14.00 PSF NNN ($875 Monthly Base Rent)
- Rental Rate Includes Water
- In-Suite Bathroom
- High Visibility on Route 31
- Professionally Managed by JB Real Estate Management
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste B | 1,303 SF | 1-10 Years | $19.31 CAD/SF/YR $1.61 CAD/SF/MO $25,154 CAD/YR $2,096 CAD/MO | Triple Net (NNN) |
111 S Lincolnway - 1st Floor - Ste B
Medical/Office for Lease in North Aurora with a reception area, a private restroom, 5 exam rooms/offices and a large conference room. 1 room has a sink good for exams or a kitchenette.
- Lease rate does not include utilities, property expenses or building services
- 5 Private Offices
- 1 Conference Room
- Private Restrooms
- Private Restroom
- 5 Private Exams/Offices
- 1 Private Room w/ Sink; Good for Exams/Kitchenette
- Large Meeting/Conference Room
- Direct Entry to Suite
- Reception Area
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 LINCOLNWAY PLAZA
- TENANT
- DESCRIPTION
- US LOCATIONS
- REACH
- Allstate Insurance Company
- Insurance
- 16,936
- International
- American Turners
- Other Office
- 1
- Local
- Coleman Home Solutions
- Home Accessories
- 1
- Local
- Connect Hearing
- Health Care
- 242
- International
- Cook Alvaro LTD
- Legal
- 1
- Local
- Ignite Vape & Glass
- Tobacco
- 1
- Local
| TENANT | DESCRIPTION | US LOCATIONS | REACH |
| Allstate Insurance Company | Insurance | 16,936 | International |
| American Turners | Other Office | 1 | Local |
| Coleman Home Solutions | Home Accessories | 1 | Local |
| Connect Hearing | Health Care | 242 | International |
| Cook Alvaro LTD | Legal | 1 | Local |
| Ignite Vape & Glass | Tobacco | 1 | Local |
PROPERTY FACTS
| Total Space Available | 1,303 SF | Frontage | 75’ on Lincolnway |
| Center Type | Strip Center | Gross Leasable Area | 14,000 SF |
| Parking | 62 Spaces | Total Land Area | 1.12 AC |
| Center Properties | 1 | Year Built | 1990 |
| Total Space Available | 1,303 SF |
| Center Type | Strip Center |
| Parking | 62 Spaces |
| Center Properties | 1 |
| Frontage | 75’ on Lincolnway |
| Gross Leasable Area | 14,000 SF |
| Total Land Area | 1.12 AC |
| Year Built | 1990 |
ABOUT THE PROPERTY
Versa Real Estate Services has been retained as the exclusive leasing agent for 111 S Lincolnway in North Aurora, Illinois. The single story retail and office property is ideally situated in close proximity to the Fox River and has easy access to I-88. In addition, numerous fast serve restaurants are in close proximity to the property. Ownership also manages the property.
NEARBY MAJOR RETAILERS
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Lincolnway Plaza | 111 S Lincolnway
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