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Restaurant/Office/Professional/Fitness 524 W State St 1,858 - 9,866 SF of Space Available in Geneva, IL 60134
Highlights
- Spaces Include Restaurant, Fitness, Professional Office
- Attractive, Newer (2005) Construction
- Proximity to Shopping, Restaurants
- Prominent State St (Rt 38) Corner Building with Elevator
- Private Onsite Parking for Staff
- Walk to Commuter Train
Space Availability (3)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| Lower Level, Ste M | 2,180 SF | Negotiable | $14.07 CAD/SF/YR $1.17 CAD/SF/MO $30,673 CAD/YR $2,556 CAD/MO | Triple Net (NNN) | ||
| 1st Floor, Ste 2 | 1,858 SF | Negotiable | $33.77 CAD/SF/YR $2.81 CAD/SF/MO $62,741 CAD/YR $5,228 CAD/MO | Triple Net (NNN) | ||
| 1st Floor, Ste Restaurant | 3,648-5,828 SF | Negotiable | $42.21 CAD/SF/YR $3.52 CAD/SF/MO $246,000 CAD/YR $20,500 CAD/MO | Triple Net (NNN) |
Lower Level, Ste M
Versatile open floor plan with an optional gas fireplace, dedicated storage room, and two fully renovated private restrooms, plus access to two shared ADA-compliant restrooms in the hall. Lease rate includes your choice of carpet or vinyl plank flooring, with the option to add a kitchenette. $5.89/sf pass thru costs (CAM).
- Lease rate does not include utilities, property expenses or building services
- Fits 6 - 18 People
1st Floor, Ste 2
$4,414/mo includes pass thru's ($4.51/sf). Notice required for existing tenant. Street level professional office suite with formal reception, 6 private offices, conference room, private restroom & break/storage room. State Street entrance and signage.
- Lease rate does not include utilities, property expenses or building services
- Partially Built-Out as Standard Office
- Mostly Open Floor Plan Layout
- Fits 5 - 15 People
- 6 Private Offices
- Central Air and Heating
- Private Restrooms
- Secure Storage
1st Floor, Ste Restaurant
3,648 SF first floor restaurant with 568 SF patio. Upscale street level restaurant features open kitchen with 16' hood, bar, and dining room. Second entrance off Sixth St is ideal for carry out. $10,607/mo including $4.89/sf pass thru costs (CAM). Can be combined with lower level party/banquet room (2,180 SF @ $10/sf NNN + $5.89/sf /CAM) for 5,828 sf. Total rent of $13,510.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as a Restaurant or Café Space
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.
Property Facts
| Total Space Available | 9,866 SF | Gross Leasable Area | 24,000 SF |
| Min. Divisible | 1,858 SF | Year Built | 2005 |
| Property Type | Retail | Parking Ratio | 0.46/1,000 SF |
| Property Subtype | Storefront Retail/Office | Cross Streets | Route 38 |
| Total Space Available | 9,866 SF |
| Min. Divisible | 1,858 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Office |
| Gross Leasable Area | 24,000 SF |
| Year Built | 2005 |
| Parking Ratio | 0.46/1,000 SF |
| Cross Streets | Route 38 |
About the Property
Prominent corner commercial building in downtown Geneva IL. Newer (2005) multi-tenant elevator building. 2nd floor tenants include insurance and Rosati's Franchising. Street-level tenants include tattoo shop. Limited private onsite parking available. LOCATION: The property is located at the southeast corner of State St (Rt 38) & Sixth St on the west side of downtown Geneva. It is short walk from Third St, Kane County courthouse, and the Metra train station. The location is surrounded by convenience & specialty retail and numerous restaurants. Average household income: $108,000/yr (5 mile). Traffic Counts (IDOT): 23,800 VPD
Nearby Major Retailers
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Restaurant/Office/Professional/Fitness | 524 W State St
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