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Second Street Square 5303 N Second St 1,858 SF of Retail Space Available in Loves Park, IL 61111
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 5349 | 1,858 SF | 3-5 Years | $20.88 CAD/SF/YR $1.74 CAD/SF/MO $38,787 CAD/YR $3,232 CAD/MO | Triple Net (NNN) |
1st Floor, Ste 5349
FOR LEASE: Prime Retail Space in High-Traffic Strip Center Position your business in the heart of Loves Park’s vibrant commercial corridor! This highly visible retail space, most recently used as a gaming and slot machine facility, is now available for lease. Located within a well-maintained strip center on busy N 2nd Street, this suite offers excellent signage opportunities, strong daily traffic counts, and easy access for customers. Property Highlights: Size: 1,858 Sq. Ft. of open, flexible retail space Former Use: Turnkey layout previously operated as a gaming/slot machine establishment Visibility: Excellent exposure along N 2nd Street with high vehicle counts and easy ingress/egress Parking: Ample shared on-site parking for customers and staff Zoning: Loves Park Commercial Retail (CR) — ideal for a variety of retail, service, or entertainment uses Location Benefits: Surrounded by national retailers, restaurants, and residential neighborhoods with strong daytime and evening traffic Potential Uses: Gaming, retail shop, boutique, salon/spa, small office, specialty service provider, or quick-serve food (subject to municipal approval) With minimal build-out required, this space offers an outstanding opportunity for businesses seeking an affordable, well-located retail spot with a history of strong customer draw. ?? Contact Tom Ewing for lease terms and to schedule a private tour. Members-only remarks Contact Tom Ewing for all showings at 815-703-6677. SENTRIGUARD lock box on the front door.
- Lease rate does not include utilities, property expenses or building services
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 | 1,858 SF | Total Land Area | 2.07 AC |
| Property Type | Retail | Year Built | 2008 |
| Gross Leasable Area | 14,773 SF |
| Total Space Available | 1,858 SF |
| Property Type | Retail |
| Gross Leasable Area | 14,773 SF |
| Total Land Area | 2.07 AC |
| Year Built | 2008 |
About the Property
FOR LEASE: Prime Retail Space in High-Traffic Strip Center Position your business in the heart of Loves Park’s vibrant commercial corridor! This highly visible retail space, most recently used as a gaming and slot machine facility, is now available for lease. Located within a well-maintained strip center on busy N 2nd Street, this suite offers excellent signage opportunities, strong daily traffic counts, and easy access for customers. Property Highlights: Size: 1,800 SF of open, flexible retail space Former Use: Turnkey layout previously operated as a gaming/slot machine establishment Visibility: Excellent exposure along N 2nd Street with high vehicle counts and easy ingress/egress Parking: Ample shared on-site parking for customers and staff Zoning: Commercial — ideal for a variety of retail, service, or entertainment uses Location Benefits: Surrounded by national retailers, restaurants, and residential neighborhoods with strong daytime and evening traffic Potential Uses: Gaming, retail shop, boutique, salon/spa, small o ice, specialty service provider, or quick-serve food (subject to municipal approval) With minimal build-out required, this space offers an outstanding opportunity for businesses seeking an affordable, well-located retail spot with a history of strong customer draw. CAMIT is $5.00 psf per year. Contact Tom Ewing for lease terms and to schedule a private tour.
- Corner Lot
- Signage
- Drive Thru
Nearby Major Retailers
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Second Street Square | 5303 N Second St
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