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ELK TRAIL CENTER | 1,295 SF Opportunity 259-281 Elk Trl 1,295 SF of Retail Space Available in Carol Stream, IL 60188
Highlights
- 1.93 AC corner lot with 469' of frontage on Elk Trail.
- Proximity to Glenbard North High School and Western Trails Elementary School; dense surrounding residential base.
- Pylon and monument signage, tenant-controlled HVAC, corner lot, bus line.
- Zoning C; Parcel 02-29-115-012; total assessment $538,367.
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 273 | 1,295 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | Triple Net (NNN) |
1st Floor, Ste 273
This 1,295 SF suite is situated within a neighborhood retail centre and is suitable for retail, office, or medical use. The space benefits from prominent frontage, strong visibility, and easy ingress/egress. Surrounding demographics include a strong daytime population and dense residential base. The centre maintains an established tenant mixture, and ample surface parking is available for both customers and employees.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Retail Space
- Located in-line with other retail
- High Ceilings
- Ample and easily accessible parking.
- Monumental signage available.
- Open space with high ceilings.
- Immediate occupancy available.
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 | 1,295 SF | Total Land Area | 1.93 AC |
| Property Type | Retail | Year Built | 1984 |
| Property Subtype | Storefront | Parking Ratio | 5.15/1,000 SF |
| Gross Leasable Area | 16,299 SF |
| Total Space Available | 1,295 SF |
| Property Type | Retail |
| Property Subtype | Storefront |
| Gross Leasable Area | 16,299 SF |
| Total Land Area | 1.93 AC |
| Year Built | 1984 |
| Parking Ratio | 5.15/1,000 SF |
About the Property
Elk Trail Center is a one-story, multi-tenant neighborhood retail centre containing 16,299 SF of gross leasable area on a 1.93-acre corner lot. The building was constructed in 1984 and is classified as Storefront Retail/Office, Building Class C, with multiple tenancy and a building FAR of 0.19 (LoopNet). Site improvements include 469' of frontage on Elk Trail, 84 surface parking spaces, pylon/monument signage, tenant-controlled HVAC, and bus-line access?. Zoning is C (commercial); parcel number 02-29-115-012, with a total assessment of $538,367 ($293,150 improvements / $245,217 land). A 1,295 SF end-cap retail/office/medical suite at 273–281 W Elk Trl has been offered for lease, with immediate occupancy on a lease rate that excludes utilities and property expenses.
- 24 Hour Access
- Bus Line
- Corner Lot
- Fenced Lot
- Pylon Sign
- Signage
- Tenant Controlled HVAC
- Monument Signage
- Smoke Detector
Nearby Major Retailers
Presented by
Adelphia Properties
ELK TRAIL CENTER | 1,295 SF Opportunity | 259-281 Elk Trl
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