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17W714-17W734 22nd St 14,685 - 44,685 SF of Retail Space Available in Oakbrook Terrace, IL 60181
HIGHLIGHTS
- Across From Midwest’s Highest Grossing Costco Store
- Half Mile from Oak Brook Mall
- Access From 22nd Street, Midwest Rd & Butterfield Rd – 87,500 VPD
- 43,500 VPD Along 22nd Street
SPACE AVAILABILITY (2)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 30,000 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | TBD | ||
| 1st Floor | 14,685 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | TBD |
1st Floor
his extremely rare junior box opportunity is located in Chicago's best retail market, offering exceptional visibility with a dedicated pylon sign. The property benefits from 43,500 vehicles per day (VPD) along 22nd Street, and easy access from 22nd Street, Midwest Road, and Butterfield Road, which see a combined 87,500 VPD. Situated just half a mile from Oak Brook Mall and directly across from Midwest's highest-grossing Costco store, the location also offers multiple truck docks, making it an ideal spot for retail or distribution needs.
- Fully Built-Out as Standard Retail Space
- Highly Desirable End Cap Space
- 1 Loading Dock
- Multiple Truck Docks
- Access From 22nd Street, Midwest Rd & Butterfield
- Dedicated Pylon Sign
1st Floor
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 17W714-17W734 22ND ST, OAKBROOK TERRACE, IL 60181
- TENANT
- DESCRIPTION
- US LOCATIONS
- REACH
- The Home Depot
- Home Improvement
- 2,623
- International
| TENANT | DESCRIPTION | US LOCATIONS | REACH |
| The Home Depot | Home Improvement | 2,623 | International |
PROPERTY FACTS
| Total Space Available | 44,685 SF | Total Land Area | 14.65 AC |
| Property Type | Retail | Year Built | 1984 |
| Property Subtype | Freestanding | Parking Ratio | 7.35/1,000 SF |
| Gross Leasable Area | 166,461 SF | Cross Streets | Summit Ave |
| Total Space Available | 44,685 SF |
| Property Type | Retail |
| Property Subtype | Freestanding |
| Gross Leasable Area | 166,461 SF |
| Total Land Area | 14.65 AC |
| Year Built | 1984 |
| Parking Ratio | 7.35/1,000 SF |
| Cross Streets | Summit Ave |
ABOUT THE PROPERTY
Extremely Rare Junior Box Opportunity in Chicago’s Best Retail Market Dedicated Pylon Sign 43,500 VPD Along 22nd Street Access From 22nd Street, Midwest Rd & Butterfield Rd – 87,500 VPD Half Mile from Oak Brook Mall Across From Midwest’s Highest Grossing Costco Store Multiple Truck Docks
- Banking
- Pylon Sign
- Restaurant
- Signage
NEARBY MAJOR RETAILERS
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17W714-17W734 22nd St
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