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Fully Built-Out Restaurant Space 139 N Northwest Hwy 2,018 SF of Retail Space Available in Palatine, IL 60067
HIGHLIGHTS
- Ready for Immediate Occupancy!
- 0.45 Acre Lot with Ample Parking!
- Ideally Located in a Busy Retail Trade Corridor!
- 2,018 Sq. Ft. Fully Built-Out Restaurant Space!
- Renovated in 2023-2024 Including a New Roof!
- Strong Demographics!
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 2,018 SF | Negotiable | $50.25 CAD/SF/YR $4.19 CAD/SF/MO $101,411 CAD/YR $8,451 CAD/MO | Triple Net (NNN) |
1st Floor
Andersen, Jung & Co. is proud to present 139 N Northwest Hwy, a high-visibility retail property located in the heart of Palatine’s bustling retail corridor. AVAILABLE FOR LEASE. This ±2,018 SF freestanding building is equipped with a drive-thru and sits on a generous 0.45 Acre lot and ready for immediate occupancy. The property was completely renovated in 2023-2024 including a completely new interior, updated kitchen equipment and a brand-new roof. Located in the thriving Village of Palatine, this property benefits from high visibility along US-14, with convenient access to Route 53 and within walking distance of downtown Palatine and the Metra station. Palatine is a growing, business-friendly suburb with a vibrant local economy, excellent demographics, and a mix of residential, retail, and commercial development. With its strategic location, extensive upgrades, and long-term growth potential, 139 N Northwest Hwy represents an outstanding opportunity to secure a prominent location in a well-established trade area. For additional information, please contact: Jon Rockmore 415.845.4459 JonRockmore@AndersenJung.com Monica Chung 415.699.0843 Moni.Moni99@gmail.com
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as a Restaurant or Café Space
- Space is in Excellent Condition
- Ready for Immediate Occupancy!
- 2,018 Sq. Ft. Built-Out Restaurant Space!
- 0.45 Acre Lot with Ample Parking!
- Renovated in 2023-2024 Including a New Roof!
- Ideally Located in a Busy Retail Trade Corridor!
- Strong Demographics!
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 | 2,018 SF | Gross Leasable Area | 2,018 SF |
| Property Type | Retail | Year Built/Renovated | 1990/2024 |
| Property Subtype | Fast Food | Parking Ratio | 17.84/1,000 SF |
| Total Space Available | 2,018 SF |
| Property Type | Retail |
| Property Subtype | Fast Food |
| Gross Leasable Area | 2,018 SF |
| Year Built/Renovated | 1990/2024 |
| Parking Ratio | 17.84/1,000 SF |
ABOUT THE PROPERTY
Andersen, Jung & Co. is proud to present 139 N Northwest Hwy, a high-visibility retail property located in the heart of Palatine’s bustling retail corridor. AVAILABLE FOR LEASE. This ±2,018 SF freestanding building is equipped with a drive-thru and sits on a generous 0.45 Acre lot and ready for immediate occupancy. The property was completely renovated in 2023-2024 including a completely new interior, updated kitchen equipment and a brand-new roof. Located in the thriving Village of Palatine, this property benefits from high visibility along US-14, with convenient access to Route 53 and within walking distance of downtown Palatine and the Metra station. Palatine is a growing, business-friendly suburb with a vibrant local economy, excellent demographics, and a mix of residential, retail, and commercial development. With its strategic location, extensive upgrades, and long-term growth potential, 139 N Northwest Hwy represents an outstanding opportunity to secure a prominent location in a well-established trade area. For additional information, please contact: Jon Rockmore 415.845.4459 JonRockmore@AndersenJung.com Monica Chung 415.699.0843 Moni.Moni99@gmail.com Andersen, Jung & Co. has made no investigations and makes no representations or warranties as to the accuracy of any of the information contained herein. All information was provided by third parties, public records, or sources deemed to be reliable. Interested parties are advised to conduct independent investigations thoroughly and to satisfaction.
- Pylon Sign
- Drive Thru
NEARBY MAJOR RETAILERS
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Fully Built-Out Restaurant Space | 139 N Northwest Hwy
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