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Southtowne Center 325-485 Southtowne Dr 15,250 SF of Retail Space Available in Belvidere, IL 61008
HIGHLIGHTS
- Located 1 Mile from the Fiat Chrysler Automobiles Assembly Plant with 3,700 Employees
- Area tenants include Applebee’s, Burger King, Dollar Tree, Fiesta Market, McDonald’s, RP
- Signalized intersection
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 15,250 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | Modified Gross |
325-485 Southtowne Dr - 1st Floor
HIGHLIGHTS Located 1 Mile from the Fiat Chrysler Automobiles Assembly Plant with 3,700 Employees Interstate 90: 38,800 VPD; Highway 20: 18,100 VPD; Belvidere Road: 13,600 VPD Signalized intersection Southtowne Center is a ±99,576 SF shopping center built on 12.5 acres Area tenants include Applebee’s, Burger King, Dollar Tree, Fiesta Market, McDonald’s, RP Lumber, Walgreens and Walmart Supercenter Located 1 mile from the Stellantis Automobiles assembly plant with 3,700 employees
- Listed rate may not include certain utilities, building services and property expenses
- Located in-line with other retail
- Lumber, Walgreens and Walmart Supercenter
- Located 1 mile from the Stellantis Automobiles ass
- Southtowne Center is a ±99,576 SF shopping center
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 SOUTHTOWNE CENTER
- TENANT
- DESCRIPTION
- US LOCATIONS
- REACH
- Anytime Fitness
- Fitness
- 3,103
- International
- BMO
- Bank
- 1,427
- International
- Drivers License Exam Station
- Public Administration
- 1
- -
- Pacemaker Countryside Markets
- Retailer
- 2
- Local
- Wild Cherries
- Public Administration
- 1
- -
- Wonder Joy Academy
- Retailer
- 1
- -
| TENANT | DESCRIPTION | US LOCATIONS | REACH |
| Anytime Fitness | Fitness | 3,103 | International |
| BMO | Bank | 1,427 | International |
| Drivers License Exam Station | Public Administration | 1 | - |
| Pacemaker Countryside Markets | Retailer | 2 | Local |
| Wild Cherries | Public Administration | 1 | - |
| Wonder Joy Academy | Retailer | 1 | - |
PROPERTY FACTS
FEATURES AND AMENITIES
- Signalized Intersection
NEARBY MAJOR RETAILERS
Presented by
Echo Commercial Realty, Ltd.
Southtowne Center | 325-485 Southtowne Dr
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