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Six Corners Plaza 3970-3982 N Milwaukee Ave 24,400 SF of Retail Space Available in Chicago, IL 60641
HIGHLIGHTS
- Proposed Ross Dress for Less and dd's Discounts.
- Property is located at heavily traveled intersection. Great visibility.
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| Lower Level | 24,400 SF | Negotiable | $12.56 CAD/SF/YR $1.05 CAD/SF/MO $306,544 CAD/YR $25,545 CAD/MO | Triple Net (NNN) |
3970-3982 N Milwaukee Ave - Lower Level
24.400 sf Available 11' Ceiling Height 2020 Delivery
- Lease rate does not include utilities, property expenses or building services
- Highly Desirable End Cap Space
- Anchor Space
- +60,000 VPD at Intersection
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 SIX CORNERS PLAZA
- TENANT
- DESCRIPTION
- US LOCATIONS
- REACH
- Chicago Eye Institute
- Health Care
- 4
- Local
| TENANT | DESCRIPTION | US LOCATIONS | REACH |
| Chicago Eye Institute | Health Care | 4 | Local |
PROPERTY FACTS
| Total Space Available | 24,400 SF | Gross Leasable Area | 83,652 SF |
| Center Type | Neighborhood Center | Total Land Area | 1.00 AC |
| Parking | 221 Spaces | Year Built | 1966 |
| Stores | 10 | Cross Streets | W Irving Park Rd |
| Center Properties | 1 |
| Total Space Available | 24,400 SF |
| Center Type | Neighborhood Center |
| Parking | 221 Spaces |
| Stores | 10 |
| Center Properties | 1 |
| Gross Leasable Area | 83,652 SF |
| Total Land Area | 1.00 AC |
| Year Built | 1966 |
| Cross Streets | W Irving Park Rd |
ABOUT THE PROPERTY
Shared Building Signage. Rooftop and surface parking. Building to be completely renovated.
NEARBY MAJOR RETAILERS
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Six Corners Plaza | 3970-3982 N Milwaukee Ave
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