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Sauganash Stores 4132-4138 W Peterson Ave 3,600 SF of Retail Space Available in Chicago, IL 60646
HIGHLIGHTS
- Property is located on a signaled corner with excellent vehicular traffic. Northside location with great demographics in beautiful Sauganash.
- The owner will participate in making improvements. Parking in rear 17 cars
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 | 3,600 SF | 10’ | Negotiable | $20.94 CAD/SF/YR $1.74 CAD/SF/MO $75,380 CAD/YR $6,282 CAD/MO | Triple Net (NNN) |
1st Floor
Great opportunity to expand or start a new business! Corner location with great visibility and located on a major arterial street. Parking for 17 cars in the rear and 2 off street. The building measures 30 X 60. The taxes are $8,658.00 for the year and CAM is running at $1.00 per sq. ft. Northside location with stable and impressive demographics. Across the street is Core Yoga, Chase Bank and Starbucks. Owner will install a new bathroom and HVAC. New roof replaced in 2020.
- Lease rate does not include utilities, property expenses or building services
- Central Air Conditioning
- Private Restrooms
- High Ceilings
- Finished Ceilings: 10’
- Parking, Location, Great Demographics
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 SAUGANASH STORES
- TENANT
- DESCRIPTION
- US LOCATIONS
- REACH
- Artista Hair & Day Spa Inc
- Salon/Barber/Spa
- 1
- -
- Farmers Insurance
- Insurance
- 19,831
- National
- Sauganash Grill
- Restaurant
- 1
- -
| TENANT | DESCRIPTION | US LOCATIONS | REACH |
| Artista Hair & Day Spa Inc | Salon/Barber/Spa | 1 | - |
| Farmers Insurance | Insurance | 19,831 | National |
| Sauganash Grill | Restaurant | 1 | - |
PROPERTY FACTS
| Total Space Available | 3,600 SF | Gross Leasable Area | 8,670 SF |
| Property Type | Retail | Year Built | 1965 |
| Property Subtype | Storefront Retail/Office | Parking Ratio | 1.96/1,000 SF |
| Total Space Available | 3,600 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Office |
| Gross Leasable Area | 8,670 SF |
| Year Built | 1965 |
| Parking Ratio | 1.96/1,000 SF |
ABOUT THE PROPERTY
Property is located on a signaled corner with excellent vehicular traffic count. Northside location with great demographics located in beautiful Sauganash. Parking and entrance in the rear area for your customers. The owner will participate in making improvements.
NEARBY MAJOR RETAILERS
Presented by
Ted Wanland
Sauganash Stores | 4132-4138 W Peterson Ave
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