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Arlington Grand Plaza 1736-1790 W Algonquin Rd 1,058 - 5,058 SF of Space Available in Arlington Heights, IL 60005
HIGHLIGHTS
- Complete Redevelopment Underway
- Across From Dunkin' and Shell
- Heavily-Trafficked Woodfield Mall Trade Area
- Immediate Highway Access
SPACE AVAILABILITY (2)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 1736 A | 4,000 SF | Negotiable | $27.92 CAD/SF/YR $2.33 CAD/SF/MO $111,674 CAD/YR $9,306 CAD/MO | Triple Net (NNN) | ||
| 1st Floor, Ste 1746 | 1,058 SF | Negotiable | $27.92 CAD/SF/YR $2.33 CAD/SF/MO $29,538 CAD/YR $2,461 CAD/MO | Triple Net (NNN) |
1st Floor, Ste 1736 A
Endcap unit
- Lease rate does not include utilities, property expenses or building services
- Partially Built-Out as Standard Retail Space
- Highly Desirable End Cap Space
- Central Air and Heating
- Endcap Unit
1st Floor, Ste 1746
- Lease rate does not include utilities, property expenses or building services
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 | 5,058 SF | Gross Leasable Area | 40,877 SF |
| Property Type | Retail | Year Built/Renovated | 1980/1998 |
| Property Subtype | Storefront |
| Total Space Available | 5,058 SF |
| Property Type | Retail |
| Property Subtype | Storefront |
| Gross Leasable Area | 40,877 SF |
| Year Built/Renovated | 1980/1998 |
ABOUT THE PROPERTY
Arlington Grand Plaza is a 40,877 square foot retail shopping center on busy Algonquin Road in Arlington Heights, IL. Located one block from I-90 and I-290 access ramps along the busy Woodfield Mall Trade Area retail corridor, the center recently modernized facades and got a new parking lot and landscaping. The property will feature new pylon signage on busy Algonquin Road (27k daily vehicles). The center is located directly across from a Shell Gas Station and Dunkin'. Nearby businesses within one block of the center include McDonald's, Walmart, Starbucks, 7-Eleven, Auto Zone, Fifth Third Bank, and Lowe's. The property is also densely surrounded by residential complexes and subdivisions.
- Pylon Sign
- Signage
- Wheelchair Accessible
- Monument Signage
NEARBY MAJOR RETAILERS
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Arlington Grand Plaza | 1736-1790 W Algonquin Rd
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