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1425-1441 W Montrose Ave 1,025 SF of Retail Space Available in Chicago, IL 60613
Highlights
- 30,000 Vehicles per day
- Population: 1 Mile: 80,413 3 Mile: 478,458 5 Mile: 989,548
- In the heart of Lakeview, Ravenswood and Wrigleyville, Andersonville, Uptown all nearby
- Average HouseHold Income: $99,357.
- Lake shore drive only Minutes away.
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 1427 | 1,025 SF | Negotiable | $60.18 CAD/SF/YR $5.02 CAD/SF/MO $61,690 CAD/YR $5,141 CAD/MO | Triple Net (NNN) |
1st Floor, Ste 1427
The shopping center is located in a dense residential/Commercial area. This shopping center is anchored by 7-11 Convenience Store, Dunkin Donuts, Sarpino's Pizza and Falafel & Grill. The space is currently built out and operational as a Deli Sandwich restaurant, but can be adapted for a number of different uses. Kitchen Equipment in the space: Stainless Steel Hood system, triple pot sink, hand washing stations, walk in cooler and grease trap. Fantastic demographics with over $180k avg HH incomes and home values over $800k in the immediate area. Population: 1 Mile: 150,413, 3 Mile: 478,458, 5 Mile: 989,548. Lake shore drive only Minutes away. Located on Busy intersection of North Clark Street and West Montrose Ave. Daily vehicle count of over 30,000. Convenient L shaped Customer Parking lot: 2 ways in and out making it easy for customers to enter and exit Mall. Well Kept Mall.
- 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
- Central Air and Heating
- Private Restrooms
- High Ceilings
- Drop Ceilings
- Emergency Lighting
- Private Restrooms
- High Traffic Corner!! 30,000 VPD
- 7-11 and Dunkin Anchor Tenants
- Well kept Strip Mall
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 1425-1441 W Montrose Ave, Chicago, IL 60613
- Tenant
- Description
- US Locations
- Reach
- 7-Eleven
- Convenience Market
- 10,713
- International
- AmeriCash Loans
- Check Cash/Quick Loans
- 31
- National
- Baskin-Robbins
- Ice Cream
- 22
- International
- Dunkin'
- Donut Shop
- 11,976
- International
- Sarpino's Pizzeria
- Pizza
- 49
- International
- Subway
- Sub Sandwich
- 28,602
- International
| Tenant | Description | US Locations | Reach |
| 7-Eleven | Convenience Market | 10,713 | International |
| AmeriCash Loans | Check Cash/Quick Loans | 31 | National |
| Baskin-Robbins | Ice Cream | 22 | International |
| Dunkin' | Donut Shop | 11,976 | International |
| Sarpino's Pizzeria | Pizza | 49 | International |
| Subway | Sub Sandwich | 28,602 | International |
Property Facts
| Total Space Available | 1,025 SF | Year Built | 1995 |
| Property Type | Retail | Parking Ratio | 2.46/1,000 SF |
| Gross Leasable Area | 11,381 SF |
| Total Space Available | 1,025 SF |
| Property Type | Retail |
| Gross Leasable Area | 11,381 SF |
| Year Built | 1995 |
| Parking Ratio | 2.46/1,000 SF |
About the Property
The shopping center is located in a dense residential/Commercial area. The shopping center is anchored by 7-11 Convenience Store, Dunkin Donuts, Americash Loans, Sarpino's Pizza and Subway. High end Kitchen setup!!! 30,000 Vehicles per day, Average HouseHold Income: $99,357. Population: 1 Mile: 80,413 3 Mile: 478,458 5 Mile: 989,548. Lake shore drive only Minutes away. Located on Busy intersection of Clark and Montrose. Convenient L shaped Customer Parking lot: 2 ways in and out making it easy for customers to enter and exit Mall.
- Corner Lot
- Restaurant
- Tenant Controlled HVAC
- Air Conditioning
Nearby Major Retailers
Presented by
Rayan Realty & Management, Inc.
1425-1441 W Montrose Ave
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