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4 Cedar Ridge Dr 907 - 2,973 SF of Office/Medical Space Available in Lake In The Hills, IL 60156
HIGHLIGHTS
- 907 - 2,973 SF
- Beautiful Architecture and Landscaping
- Shell Space
- Highly Visible from Algonquin Road
- Large Windows and Lots of Natural Light
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- CEILING
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Ceiling | Term | Rental Rate | Rent Type | |
| 1st Floor, Ste CDE | 907-2,973 SF | 9’ | Negotiable | $22.33 CAD/SF/YR $1.86 CAD/SF/MO $66,401 CAD/YR $5,533 CAD/MO | Triple Net (NNN) |
1st Floor, Ste CDE
Retail / Office Space 2,973 SF (divisible) Units C,D,E: Currently 2,973 SF divisible into three smaller spaces ranging from 907 SF, 1,033 SF, 1,940 or 2,066 SF. (see layout and possible combinations). Space is currently vanilla box, ready for new layout. Ideal for office, medical or retail uses. Located just off of busy Algonquin Road (Route 62) and just east of the Randal Road intersection. $16 psf NNN with $9.19 psf CAM and Taxes ($5.09 CAM - $4.10 Taxes). Tenant responsible for utilities. Owner is an IL Licensed Real Estate Broker.
- Lease rate does not include utilities, property expenses or building services
- Finished Ceilings: 9’
- Prime Location Close to Randall Rd
- Vanilla Box
- Beautiful Architecture
- Convenient Parking
- Excellent Signage
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 4 CEDAR RIDGE DR, LAKE IN THE HILLS, IL 60156
- TENANT
- DESCRIPTION
- US LOCATIONS
- REACH
- Miracle-Ear
- Health Care
- 2,333
- National
- Schulz & Co
- Finance and Insurance
- 1
- -
- Wibicki Family Dental
- Health Care and Social Assistance
- 1
- -
| TENANT | DESCRIPTION | US LOCATIONS | REACH |
| Miracle-Ear | Health Care | 2,333 | National |
| Schulz & Co | Finance and Insurance | 1 | - |
| Wibicki Family Dental | Health Care and Social Assistance | 1 | - |
PROPERTY FACTS
| Total Space Available | 2,973 SF | Gross Leasable Area | 13,568 SF |
| Min. Divisible | 907 SF | Year Built | 1999 |
| Property Type | Retail | Parking Ratio | 4.67/1,000 SF |
| Property Subtype | Storefront Retail/Office |
| Total Space Available | 2,973 SF |
| Min. Divisible | 907 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Office |
| Gross Leasable Area | 13,568 SF |
| Year Built | 1999 |
| Parking Ratio | 4.67/1,000 SF |
ABOUT THE PROPERTY
Retail / Office Space 2,973 SF (divisible) Units C,D,E: Currently 2,973 SF divisible into three smaller spaces ranging from 907 SF, 1,033 SF, 1,940 or 2,066 SF. (see layout and possible combinations). Space is currently vanilla box, ready for new layout. Ideal for office, medical or retail uses. Located just off of busy Algonquin Road (Route 62) and just east of the Randal Road intersection. $15 psf NNN with $10.19 psf CAM and Taxes ($5.09 CAM - $5.10 Taxes). Tenant responsible for utilities. Owner is an IL Licensed Real Estate Broker.
NEARBY MAJOR RETAILERS
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4 Cedar Ridge Dr
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