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450 N Route 31 2,649 SF of Retail Space Available in Crystal Lake, IL 60012
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 120 | 2,649 SF | 11’ | Negotiable | $20.71 CAD/SF/YR $1.73 CAD/SF/MO $54,862 CAD/YR $4,572 CAD/MO | Triple Net (NNN) |
1st Floor, Ste 120
Strategically located 2,649 SF retail storefront in Crystal Lake offers exceptional visibility and accessibility. Just two blocks north of the Route 31 and Route 176 intersection. Built in 2007, with 11-foot ceilings, and central air. This B2-zoned unit is offered on a Triple Net Lease at $15/SF/Y, with estimated CAM and real estate taxes each at approximately $3/SF/Y. The property features ample outdoor parking serving a well-established mixed-use area. Tenants are responsible for all utilities.
- Lease rate does not include utilities, property expenses or building services
- Located in-line with other retail
- Central Air and Heating
- Drop Ceilings
- Finished Ceilings: 11’
- High-Traffic Location: Prime visibility
- 2,649 SF modern retail/office space built in 2007
- Separate Metering: Tenant-controlled utilities
- Ample Parking: Large dedicated lot
- Strategic Access Just near route 31 and 176
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 450 N Route 31, Crystal Lake, IL 60012
- Tenant
- Description
- US Locations
- Reach
- Enterprise Rent-A-Car
- Auto Rental
- 6,541
- International
- Jimmy John's
- Sub Sandwich
- 3,217
- International
- State Farm
- Insurance
- 24,455
- National
- Sunrise Liquor & Tobacco
- Retailer
- 1
- -
| Tenant | Description | US Locations | Reach |
| Enterprise Rent-A-Car | Auto Rental | 6,541 | International |
| Jimmy John's | Sub Sandwich | 3,217 | International |
| State Farm | Insurance | 24,455 | National |
| Sunrise Liquor & Tobacco | Retailer | 1 | - |
Property Facts
| Total Space Available | 2,649 SF | Total Land Area | 1.51 AC |
| Property Type | Retail | Year Built | 2007 |
| Property Subtype | Fast Food | Parking Ratio | 5.88/1,000 SF |
| Gross Leasable Area | 15,638 SF | Cross Streets | Ray Street |
| Total Space Available | 2,649 SF |
| Property Type | Retail |
| Property Subtype | Fast Food |
| Gross Leasable Area | 15,638 SF |
| Total Land Area | 1.51 AC |
| Year Built | 2007 |
| Parking Ratio | 5.88/1,000 SF |
| Cross Streets | Ray Street |
About the Property
Strategically located 2,649 SF retail storefront in Crystal Lake offers exceptional visibility and accessibility. Just two blocks north of the Route 31 and Route 176 intersection. Built in 2007, with 11-foot ceilings, and central air. This B2-zoned unit is offered on a Triple Net Lease at $15/SF/Y, with estimated CAM and real estate taxes each at approximately $3/SF/Y. The property features ample outdoor parking serving a well-established mixed-use area. Tenants are responsible for all utilities.
- Dedicated Turn Lane
- Pylon Sign
- Signage
Nearby Major Retailers
Presented by
450 N Route 31
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