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Commons of Palatine 317-351 E Dundee Rd 1,200 - 5,424 SF of Space Available in Palatine, IL 60074
SPACE AVAILABILITY (2)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 1,200 SF | Negotiable | $33.50 CAD/SF/YR $2.79 CAD/SF/MO $40,202 CAD/YR $3,350 CAD/MO | Modified Gross | ||
| 1st Floor, Ste 351 | 4,224 SF | Negotiable | $33.50 CAD/SF/YR $2.79 CAD/SF/MO $141,513 CAD/YR $11,793 CAD/MO | Modified Gross |
1st Floor
One 1,200 square foot retail storefront is available for lease at 317-351 E. Dundee Road in Palatine. This storefront space is a former dance studio. The unit is part of an 13,188 SF square foot shopping center, which is situated near the corner of Hicks and Dundee Roads. The center benefits from easy ingress and egress with excellent visibility. The property also includes 50 parking spaces for customers and tenants. These storefronts are the perfect location for a retailer, a boutique, office, a restaurant and more.
- Listed rate may not include certain utilities, building services and property expenses
- Fully Built-Out as Standard Retail Space
1st Floor, Ste 351
This unit is currently a dry cleaners, please DO NOT DISTURB the TENANT. Potential for a drive-thru.
- Listed rate may not include certain utilities, building services and property expenses
- Fits 11 - 34 People
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 COMMONS OF PALATINE
- TENANT
- DESCRIPTION
- US LOCATIONS
- REACH
- Advantage Cleaners
- Cleaners
- 1
- -
- Family Foot Care Of Palatine
- -
- 1
- -
- Palatine Podiatry Center
- -
- 1
- -
- Singh Grocery & Video
- Supermarket
- 1
- -
- State Farm
- Insurance
- 24,894
- National
- That's Entertainment Performing Arts LLC
- -
- -
- -
| TENANT | DESCRIPTION | US LOCATIONS | REACH |
| Advantage Cleaners | Cleaners | 1 | - |
| Family Foot Care Of Palatine | - | 1 | - |
| Palatine Podiatry Center | - | 1 | - |
| Singh Grocery & Video | Supermarket | 1 | - |
| State Farm | Insurance | 24,894 | National |
| That's Entertainment Performing Arts LLC | - | - | - |
PROPERTY FACTS
| Total Space Available | 5,424 SF | Gross Leasable Area | 11,798 SF |
| Property Type | Retail | Year Built | 1995 |
| Property Subtype | Storefront | Parking Ratio | 4.24/1,000 SF |
| Total Space Available | 5,424 SF |
| Property Type | Retail |
| Property Subtype | Storefront |
| Gross Leasable Area | 11,798 SF |
| Year Built | 1995 |
| Parking Ratio | 4.24/1,000 SF |
ABOUT THE PROPERTY
Two retail storefronts are available for lease at 317-351 E. Dundee Road in Palatine. One storefront space is 1,200 square foot former dance studio. The second storefront is a 1,700 square foot former audio equipment store and is located on the end-cap. The spaces are part of an 11,798 SF square foot shopping center, which is situated near the corner of Hicks and Dundee Roads. The center benefits from easy ingress and egress with excellent visibility. The property also includes 50 parking spaces for customers and tenants. These storefronts are the perfect location for a retailer, a boutique, office, a restaurant and more.
- Dedicated Turn Lane
- Drive Thru
NEARBY MAJOR RETAILERS
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Commons of Palatine | 317-351 E Dundee Rd
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