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Deerfield Park Plaza 401-499 Lake Cook Rd 420 - 6,440 SF of Space Available in Deerfield, IL 60015

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HIGHLIGHTS

  • This 125,000 Square Foot retail center is situated on over 15 acres of land.
  • Drivers license facility, PNC Bank, The Tile Shop, Fresenius Medical Center, Kids Empire, and Goddard School
  • 900 parking spaces and 15 acres.
  • Anchors include the 100,000 square foot Deerfield Sachs Recreation Center, State of Illinois.
  • "The Dump" furniture store, Starbucks, and more.
  • Adjoining Deerbrook Shopping Center

SPACE AVAILABILITY (2)

Display Rental Rate as

  • SPACE
  • SIZE
  • TERM
  • RENTAL RATE
  • RENT TYPE
  • 1st Floor, Ste 5
  • 2,000 SF
  • 5 Years
  • $41.86 CAD/SF/YR $3.49 CAD/SF/MO $83,712 CAD/YR $6,976 CAD/MO
  • Triple Net (NNN)
405-493 Lake Cook Rd - 1st Floor - Ste 5
Space Use
Retail
Condition
Full Build-Out
Availability
Now
  • Lease rate does not include utilities, property expenses or building services
  • Fully Built-Out as Standard Retail Space
  • Located in-line with other retail
  • Space is in Excellent Condition
  • 2nd Floor, Ste 203-212
  • 420-4,440 SF
  • 5 Years
  • $27.90 CAD/SF/YR $2.33 CAD/SF/MO $123,894 CAD/YR $10,324 CAD/MO
  • Full Service
405-493 Lake Cook Rd - 2nd Floor - Ste 203-212
Space Use
Office
Condition
Full Build-Out
Availability
Now
  • Rate includes utilities, building services and property expenses
  • Fully Built-Out as Standard Office
  • Mostly Open Floor Plan Layout
  • Private Restrooms
Space Size Term Rental Rate Rent Type
1st Floor, Ste 5 2,000 SF 5 Years $41.86 CAD/SF/YR $3.49 CAD/SF/MO $83,712 CAD/YR $6,976 CAD/MO Triple Net (NNN)
2nd Floor, Ste 203-212 420-4,440 SF 5 Years $27.90 CAD/SF/YR $2.33 CAD/SF/MO $123,894 CAD/YR $10,324 CAD/MO Full Service

405-493 Lake Cook Rd - 1st Floor - Ste 5

Size
2,000 SF
Term
5 Years
Rental Rate
$41.86 CAD/SF/YR $3.49 CAD/SF/MO $83,712 CAD/YR $6,976 CAD/MO
Rent Type
Triple Net (NNN)
Space Use
Retail
Condition
Full Build-Out
Availability
Now

  • Lease rate does not include utilities, property expenses or building services
  • Fully Built-Out as Standard Retail Space
  • Located in-line with other retail
  • Space is in Excellent Condition

405-493 Lake Cook Rd - 2nd Floor - Ste 203-212

Size
420-4,440 SF
Term
5 Years
Rental Rate
$27.90 CAD/SF/YR $2.33 CAD/SF/MO $123,894 CAD/YR $10,324 CAD/MO
Rent Type
Full Service
Space Use
Office
Condition
Full Build-Out
Availability
Now

  • Rate includes utilities, building services and property expenses
  • Fully Built-Out as Standard Office
  • Mostly Open Floor Plan Layout
  • Private Restrooms

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 DEERFIELD PARK PLAZA

  • TENANT
  • DESCRIPTION
  • US LOCATIONS
  • REACH
  • Department Of Motor Vehicles
  • Other Services
  • 81
  • Local
  • Dunkin'
  • Donut Shop
  • 11,794
  • International
  • Fresenius Medical Care
  • Health Care
  • 3,405
  • International
  • PNC Bank
  • Bank
  • 3,661
  • International
  • Ramen Time
  • Restaurant
  • 1
  • -
  • Sachs/Deerfield Rec Center
  • Arts, Entertainment, and Recreation
  • -
  • -
TENANT DESCRIPTION US LOCATIONS REACH
Department Of Motor Vehicles Other Services 81 Local
Dunkin' Donut Shop 11,794 International
Fresenius Medical Care Health Care 3,405 International
PNC Bank Bank 3,661 International
Ramen Time Restaurant 1 -
Sachs/Deerfield Rec Center Arts, Entertainment, and Recreation - -

PROPERTY FACTS

Total Space Available 6,440 SF
Min. Divisible 420 SF
Center Type Community Center
Parking 900 Spaces
Stores 26
Center Properties 5
Frontage
Lake Cook Road
  • Waukegan Road
Gross Leasable Area 168,470 SF
Total Land Area 70.10 AC
Year Built 1970

ABOUT THE PROPERTY

The property is a retail shopping center with office space on the second floor. This shopping center has direct access from Lake Cook Road with a stoplight at the entrance. Great location with very high end demographics. This center is adjacent to Deerbrook Mall, which has just completed an extensive renovation. Construction has begun an a 275 unit apartment complex directly joining the center.

  • Property Manager on Site
  • Restaurant
  • Signage

DEMOGRAPHICS

Demographics

1 Mile 1 Mi. 3 Miles 3 Mi. 5 Miles 5 Mi.
1 Mile
3 Mile
5 Mile
15 min drive
2024 Population
5,868
72,187
172,092
317,571
2029 Population
5,751
71,020
168,885
314,072
2024-2029 Projected Population Growth
-2.0%
-1.6%
-1.9%
-1.1%
Median Age
50.5
47.3
45.4
45.1
College Degree + Higher
67%
72%
65%
34%
Daytime Employees
10,390
78,702
184,023
274,824
Total Businesses
1,135
6,706
14,880
24,693
Average Household Income
$146,124
$174,220
$157,424
$152,641
Median Household Income
$114,004
$147,265
$122,329
$118,803
Total Consumer Spending
$94.4M
$1.2B
$2.7B
$4.8B
2024 Households
2,366
27,423
64,761
117,454
Average Home Value
$596,642
$629,477
$624,957
$596,602
$ values in USD

NEARBY MAJOR RETAILERS

Noodles & Company
CrossFit
Sky Zone
Planet Fitness
Club Pilates
Starbucks
Jewel-Osco
City Barbeque
Portillo's
Cyclebar
  • Listing ID: 14534190

  • Date on Market: 2024-07-12

  • Last Updated:

  • Address: 401-499 Lake Cook Rd, Deerfield, IL 60015

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