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2625 N Columbus St 4,000 SF of Retail Space Available in Ottawa, IL 61350
Sublease Highlights
- Signalized high-visibility corner along major arterial IL-23
- Strong traffic counts supporting retail and service-oriented users
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 4,000 SF | Mar 2043 | $23.14 CAD/SF/YR $1.93 CAD/SF/MO $92,560 CAD/YR $7,713 CAD/MO | Triple Net (NNN) |
1st Floor
This high-visibility retail sublease presents a rare long-term opportunity in one of Ottawa’s most active commercial corridors. Positioned along a well-traveled stretch of N Columbus Street, the space benefits from consistent daily traffic, strong residential density, and proximity to major regional connectors including US-6 and Interstate 80. The site’s frontage, signage potential, and established co-tenancy environment make it especially well suited for retail operators, service concepts, medical uses, or specialty brands seeking immediate presence in a stable and growing trade area. Offered at $17.00 per square foot on a triple-net basis, the sublease provides a cost-efficient entry point into a competitive retail submarket with limited availability. The existing master lease runs through March 2043, delivering exceptional term security and long-range operational continuity for incoming users. Surrounding retailers include national and regional brands that drive consistent customer flow, while nearby residential communities support a steady daytime and evening consumer base. This corridor continues to attract investment due to its strategic positioning within LaSalle County and its convenient access to Ottawa’s employment centers, visitor destinations, and commercial hubs. The offering is well suited for tenants seeking a move-in ready retail format with strong market fundamentals, stable long-term control, and the operational advantages of a highly accessible and established location.
- Sublease space available from current tenant
- Lease rate does not include utilities, property expenses or building services
- Long-term sublease opportunity
- Master lease expiring March 2043
- Competitive triple net rate
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 2625 N Columbus St, Ottawa, IL 61350
- Tenant
- Description
- US Locations
- Reach
- Hardee's
- Fast-food
- 1,933
- International
| Tenant | Description | US Locations | Reach |
| Hardee's | Fast-food | 1,933 | International |
Property Facts
| Total Space Available | 4,000 SF | Year Built | 1992 |
| Property Type | Retail | Parking Ratio | 10/1,000 SF |
| Property Subtype | Fast Food | Cross Streets | Kain St. |
| Gross Leasable Area | 4,000 SF |
| Total Space Available | 4,000 SF |
| Property Type | Retail |
| Property Subtype | Fast Food |
| Gross Leasable Area | 4,000 SF |
| Year Built | 1992 |
| Parking Ratio | 10/1,000 SF |
| Cross Streets | Kain St. |
About the Property
Located at the high-visibility corner of N Columbus Street (IL-23) and Kain Street, this strategic commercial site offers exceptional positioning within one of Ottawa’s most active service and retail corridors. The property sits just north of US-6 and minutes from Interstate 80, creating seamless access for both local customers and regional traffic flowing through LaSalle County. With strong frontage along a key arterial route, the site is well suited for a wide range of commercial uses including retail, quick-service restaurant concepts, medical or dental practices, financial services, or other consumer-focused businesses seeking notable exposure. The surrounding area features established national retailers, automotive service operators, and essential services, drawing consistent daily traffic through the corridor. Dense nearby residential neighborhoods feed a stable consumer base, while the region’s employment centers, tourism activity linked to Starved Rock Country, and Ottawa’s robust small-business community further support demand. The site’s corner configuration provides excellent ingress and egress options, offering operational flexibility and strong signage opportunities for future users. Ottawa continues to attract investment due to its central Illinois location, growing population base, and convenient connection to regional hubs such as Peru, LaSalle, Morris, and Joliet. Businesses benefit from local incentives, supportive municipal planning, and a mixed demographic profile with healthy household incomes. This parcel’s visibility, accessibility, and placement within an established commercial district position it as a compelling opportunity for end users, developers, or investors pursuing a versatile and well-located site.
- Pylon Sign
- Signage
- Signalized Intersection
- Drive Thru
Nearby Major Retailers
Presented by
2625 N Columbus St
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