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Colonial Court 1125-1145 Milwaukee Ave 1,200 - 7,772 SF of Space Available in Riverwoods, IL 60015
HIGHLIGHTS
- Strong tenant roll which includes State Farm, Northside Community Bank, Edible Arrangements and more.
- Located on the hard corner of Deerfield and Milwaukee Ave.
SPACE AVAILABILITY (3)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 1137-1139 | 2,400 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | Negotiable | ||
| 1st Floor, Ste 1143 | 1,200 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | TBD | ||
| 2nd Floor | 4,172 SF | Negotiable | $20.94 CAD/SF/YR $1.74 CAD/SF/MO $87,357 CAD/YR $7,280 CAD/MO | Modified Gross |
1125-1147 Milwaukee Ave - 1st Floor - Ste 1137-1139
Multiple spaces with a range of square footage available within this shopping center.
- Partially Built-Out as a Convenience Store
- Located in-line with other retail
1125-1147 Milwaukee Ave - 1st Floor - Ste 1143
1155 Milwaukee Ave - 2nd Floor
- Listed rate may not include certain utilities, building services and property expenses
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 COLONIAL COURT
- Edible Arrangements
- Northside Community Bank
- State Farm Insurance
PROPERTY FACTS
| Total Space Available | 7,772 SF | Frontage | Milwaukee Ave |
| Center Type | Strip Center | Gross Leasable Area | 35,403 SF |
| Parking | 376 Spaces | Total Land Area | 8.02 AC |
| Stores | 16 | Cross Streets | NEC Milwaukee Ave & Deerfield Rd |
| Center Properties | 3 |
| Total Space Available | 7,772 SF |
| Center Type | Strip Center |
| Parking | 376 Spaces |
| Stores | 16 |
| Center Properties | 3 |
| Frontage | Milwaukee Ave |
| Gross Leasable Area | 35,403 SF |
| Total Land Area | 8.02 AC |
| Cross Streets | NEC Milwaukee Ave & Deerfield Rd |
ABOUT THE PROPERTY
This center has an updated building facade and parking lot. There are well established tenants that generate a lot of traffic within this area.
- Restaurant
- Signage
NEARBY MAJOR RETAILERS
![[solidcore]](https://images1.loopnet.com/i2/X1DfwMFhQUJtrEvdN0O4PHppb1UchnIXcAPoILYKKzI/105/image.jpg "[solidcore]")
CONTACTS
-
Carlo Santucci -
Joseph Santucci -
Jose Jimenez -
Michael Lukman -
Avalon Realty Associates, L.L.C.
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Colonial Court | 1125-1145 Milwaukee Ave
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