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Greentree Plaza 1125-1199 S Milwaukee Ave 6,000 - 58,600 SF of Retail Space Available in Libertyville, IL 60048

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HIGHLIGHTS

  • great co-tenancy, accessibility, visibility,
  • attractive lease rates and terms.
  • great signage opportunities
  • large parking field

SPACE AVAILABILITY (3)

Display Rental Rate as

  • SPACE
  • SIZE
  • CEILING
  • TERM
  • RENTAL RATE
  • RENT TYPE
  • 1st Floor, Ste 1125
  • 6,000 SF
  • -
  • 5-10 Years
  • $20.94 CAD/SF/YR $1.74 CAD/SF/MO $125,633 CAD/YR $10,469 CAD/MO
  • Triple Net (NNN)
1125-1199 S Milwaukee Ave - 1st Floor - Ste 1125
Space Use
Retail
Condition
Shell Space
Availability
Now

Shell space on the north end cap. Can be combined with the adjacent 11,600 sf space

  • Lease rate does not include utilities, property expenses or building services
  • Highly Desirable End Cap Space
  • Can be combined with additional space(s) for up to 17,600 SF of adjacent space
  • 1 Loading Dock
  • Central Air and Heating
  • Corner Space
  • 1st Floor, Ste 1129
  • 11,600 SF
  • -
  • Negotiable
  • $20.94 CAD/SF/YR $1.74 CAD/SF/MO $242,890 CAD/YR $20,241 CAD/MO
  • Triple Net (NNN)
1125-1199 S Milwaukee Ave - 1st Floor - Ste 1129
Space Use
Retail
Condition
Full Build-Out
Availability
Now

Open very clean retail space includes two ADA compliant multi-stall restrooms, large stock room with Drive in Door access.

  • 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
  • Can be combined with additional space(s) for up to 17,600 SF of adjacent space
  • 2 Loading Docks
  • Central Air and Heating
  • Partitioned Offices
  • Private Restrooms
  • High Ceilings
  • Drop Ceilings
  • After Hours HVAC Available
  • 1st Floor, Ste 1163
  • 41,000 SF
  • 20’
  • 5-10 Years
  • $20.94 CAD/SF/YR $1.74 CAD/SF/MO $858,491 CAD/YR $71,541 CAD/MO
  • Triple Net (NNN)
1125-1199 S Milwaukee Ave - 1st Floor - Ste 1163
Space Use
Retail
Condition
Full Build-Out
Availability
Now

Fully built out 41,850 sf fitness facility. Anchor position in 108,000 sf shopping center on Milwaukee Ave in Libertyville. Includes large open area for cardio and weights (machines and free weights), 4-lane lap pool, full court basketball gym, large spin cycle room, separate kids/childcare gym, spa/salon area with private treatment rooms, men's and women's full shower and locker room facility, cafe/retail shop.

  • Lease rate does not include utilities, property expenses or building services
  • Fully Built-Out as Specialty Space
  • Located in-line with other retail
  • Space is in Excellent Condition
  • Anchor Space
  • Central Air and Heating
  • Private Restrooms
  • High Ceilings
  • Plug & Play
  • Shower Facilities
  • Finished Ceilings: 20’
  • Anchor space in 108,000 sf center
  • fully built out fitness facility
  • Includes lap pool, spin room, full bball court
  • full mens and womens showers/locer rooms
  • Plug-n-play space
Space Size Ceiling Term Rental Rate Rent Type
1st Floor, Ste 1125 6,000 SF - 5-10 Years $20.94 CAD/SF/YR $1.74 CAD/SF/MO $125,633 CAD/YR $10,469 CAD/MO Triple Net (NNN)
1st Floor, Ste 1129 11,600 SF - Negotiable $20.94 CAD/SF/YR $1.74 CAD/SF/MO $242,890 CAD/YR $20,241 CAD/MO Triple Net (NNN)
1st Floor, Ste 1163 41,000 SF 20’ 5-10 Years $20.94 CAD/SF/YR $1.74 CAD/SF/MO $858,491 CAD/YR $71,541 CAD/MO Triple Net (NNN)

1125-1199 S Milwaukee Ave - 1st Floor - Ste 1125

Size
6,000 SF
Ceiling
-
Term
5-10 Years
Rental Rate
$20.94 CAD/SF/YR $1.74 CAD/SF/MO $125,633 CAD/YR $10,469 CAD/MO
Rent Type
Triple Net (NNN)
Space Use
Retail
Condition
Shell Space
Availability
Now

Shell space on the north end cap. Can be combined with the adjacent 11,600 sf space

  • Lease rate does not include utilities, property expenses or building services
  • Highly Desirable End Cap Space
  • Can be combined with additional space(s) for up to 17,600 SF of adjacent space
  • 1 Loading Dock
  • Central Air and Heating
  • Corner Space

1125-1199 S Milwaukee Ave - 1st Floor - Ste 1129

Size
11,600 SF
Ceiling
-
Term
Negotiable
Rental Rate
$20.94 CAD/SF/YR $1.74 CAD/SF/MO $242,890 CAD/YR $20,241 CAD/MO
Rent Type
Triple Net (NNN)
Space Use
Retail
Condition
Full Build-Out
Availability
Now

Open very clean retail space includes two ADA compliant multi-stall restrooms, large stock room with Drive in Door access.

  • 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
  • Can be combined with additional space(s) for up to 17,600 SF of adjacent space
  • 2 Loading Docks
  • Central Air and Heating
  • Partitioned Offices
  • Private Restrooms
  • High Ceilings
  • Drop Ceilings
  • After Hours HVAC Available

1125-1199 S Milwaukee Ave - 1st Floor - Ste 1163

Size
41,000 SF
Ceiling
20’
Term
5-10 Years
Rental Rate
$20.94 CAD/SF/YR $1.74 CAD/SF/MO $858,491 CAD/YR $71,541 CAD/MO
Rent Type
Triple Net (NNN)
Space Use
Retail
Condition
Full Build-Out
Availability
Now

Fully built out 41,850 sf fitness facility. Anchor position in 108,000 sf shopping center on Milwaukee Ave in Libertyville. Includes large open area for cardio and weights (machines and free weights), 4-lane lap pool, full court basketball gym, large spin cycle room, separate kids/childcare gym, spa/salon area with private treatment rooms, men's and women's full shower and locker room facility, cafe/retail shop.

  • Lease rate does not include utilities, property expenses or building services
  • Fully Built-Out as Specialty Space
  • Located in-line with other retail
  • Space is in Excellent Condition
  • Anchor Space
  • Central Air and Heating
  • Private Restrooms
  • High Ceilings
  • Plug & Play
  • Shower Facilities
  • Finished Ceilings: 20’
  • Anchor space in 108,000 sf center
  • fully built out fitness facility
  • Includes lap pool, spin room, full bball court
  • full mens and womens showers/locer rooms
  • Plug-n-play space

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 GREENTREE PLAZA

  • TENANT
  • DESCRIPTION
  • US LOCATIONS
  • REACH
  • 4 Paws Animal Hospital
  • Animal Care/Groom
  • 1
  • Local
  • Beltone
  • Other Retail
  • 980
  • National
  • Burt's Deli
  • Accommodation and Food Services
  • -
  • -
  • First Institute Training
  • Restaurant
  • 2
  • Local
  • X Golf
  • Other Services
  • 153
  • National
  • XSport Fitness
  • -
  • -
  • -
TENANT DESCRIPTION US LOCATIONS REACH
4 Paws Animal Hospital Animal Care/Groom 1 Local
Beltone Other Retail 980 National
Burt's Deli Accommodation and Food Services - -
First Institute Training Restaurant 2 Local
X Golf Other Services 153 National
XSport Fitness - - -

PROPERTY FACTS

Total Space Available 58,600 SF
Max. Contiguous 17,600 SF
Center Type Neighborhood Center
Parking 390 Spaces
Stores 17
Center Properties 2
Frontage
575’ on Green Tree
  • 1,015’ on Milwaukee
Gross Leasable Area 106,531 SF
Total Land Area 11.01 AC
Cross Streets Greentree Pky

ABOUT THE PROPERTY

107,500 sf neighborhood shopping center anchored by X-Sport Fitness with co-tenant that include X-Golf, Coldwell Banker, O'Reilly's Furniture, 4-paws Animal Hospital, Burt's Deli, and Bank Financial. Large parking field (445 spaces) with great street presence, visibility and access. Located on Milwaukee Ave. south of Downtown Libertyville. Area is know of its many new car dealerships and heavy retail shopping centers. Heavy traffic along Milwaukee (approx 33,500 VPD)

  • Banking
  • Restaurant
  • Signage

NEARBY MAJOR RETAILERS

Toyota
BMO
Chase Bank
StretchLab
Foss Swim School
KidStrong
Jewel-Osco
Fifth Third Bank
Club Pilates
Starbucks
  • Listing ID: 14529746

  • Date on Market: 2025-01-15

  • Last Updated:

  • Address: 1125-1199 S Milwaukee Ave, Libertyville, IL 60048

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