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Automotive Retailer 3016 W Peterson Ave 7,040 SF of Retail Space Available in Chicago, IL 60659
HIGHLIGHTS
- Prime location in Chicago, IL
- Stand-alone sign for new tenant available
- High car and foot traffic
- Perfect Space got multiple uses
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 7,040 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | TBD |
1st Floor
Prime commercial lease opportunity in North Chicago, featuring an expansive 7,040 SF open floor plan designed to accommodate modern business needs. This versatile space is perfectly suited for an automotive retailer looking to step into a thriving market, with ample room for a showroom, service bays, or retail displays. Located in North Chicago, this high-visibility property offers easy access to major roadways and public transportation, ensuring a steady flow of foot and vehicular traffic. Surrounded by a vibrant mix of national and local retailers, popular dining destinations, and established businesses, this location provides an unparalleled opportunity to attract customers and grow your brand. The bustling commercial corridor enhances visibility and accessibility, making it a prime choice for businesses seeking to thrive in one of Chicago’s most dynamic neighborhoods. Don’t miss this exceptional leasing opportunity—schedule a viewing today!
- Partially Built-Out as Standard Retail Space
- Space is an outparcel at this property
- Central Air and Heating
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 | 7,040 SF | Gross Leasable Area | 7,040 SF |
| Property Type | Retail | Year Built | 2013 |
| Property Subtype | Freestanding | Parking Ratio | 2.7/1,000 SF |
| Total Space Available | 7,040 SF |
| Property Type | Retail |
| Property Subtype | Freestanding |
| Gross Leasable Area | 7,040 SF |
| Year Built | 2013 |
| Parking Ratio | 2.7/1,000 SF |
ABOUT THE PROPERTY
This 7,040 SF Building Class B retail property offers a prime location with high car and foot traffic, ideal for attracting a steady stream of customers. Step into a modern interior featuring a spacious open layout that’s perfect for a wide range of retail concepts. The high visibility storefront ensures maximum exposure, while ample natural light creates an inviting atmosphere for shoppers. This property has been recently renovated to meet contemporary standards and includes accessible parking and close proximity to public transportation, making it convenient for both customers and staff.
NEARBY MAJOR RETAILERS
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Automotive Retailer | 3016 W Peterson Ave
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