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42nd St Plaza 606-612 S 42nd St 5,480 SF of Retail Space Available in Mount Vernon, IL 62864
HIGHLIGHTS
- Heavy daytime traffic accessing mixed use tenancy
- New exterior and parking lot lighting, new parking lot overlay with striping, and many landscaping improvements
- New Pylon Sign
- Updated finishes to common area support columns and light poles
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 612A | 5,480 SF | 15’ | Negotiable | $13.96 CAD/SF/YR $1.16 CAD/SF/MO $76,496 CAD/YR $6,375 CAD/MO | Triple Net (NNN) |
600-618 S 42nd St - 1st Floor - Ste 612A
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Specialty Space
- Located in-line with other retail
- Space is in Excellent Condition
- Anchor Space
- Central Air Conditioning
- High Ceilings
- Exposed Ceiling
- Shower Facilities
- Finished Ceilings: 15’
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 42ND ST PLAZA
- Dollar General
- Rent One
- SSM Health
PROPERTY FACTS
| Total Space Available | 5,480 SF | Frontage | 375’ on 42nd Street |
| Center Type | Neighborhood Center | Gross Leasable Area | 69,402 SF |
| Stores | 12 | Total Land Area | 4.50 AC |
| Center Properties | 1 | Cross Streets | I-57 & Hwy 15 |
| Total Space Available | 5,480 SF |
| Center Type | Neighborhood Center |
| Stores | 12 |
| Center Properties | 1 |
| Frontage | 375’ on 42nd Street |
| Gross Leasable Area | 69,402 SF |
| Total Land Area | 4.50 AC |
| Cross Streets | I-57 & Hwy 15 |
ABOUT THE PROPERTY
**Exceptional Business Opportunity in an Ideal Location!** Welcoming new business to an exceptional environment combining unbeatable features with an incredible location. Sole vacancy located within the 42nd St Plaza a prime choice for businesses that thrive on easy access to population and exposure to constant traffic. Strategically situated location is for traffic growth with expansion of new new highway exit which afford access to highschool, new SSM hospital, Menards and several new developments in the area have boosted traffic on 42nd, opening up new avenues for increased footfall and visibility. The commitment to maintaining excellence is is our priority at the center. With a roster of long-term tenants that includes reputable names like SSM Healthcare, Dollar General, Rent One, LCFS, Blyss Dispensary, Vapors4U, Q&Q Nails, One Main Financial, World Finance, Lady T's, and Lucky Larry's. Join well regarded operators and benefit from a well-established community of businesses. Recent upgrades ensure that the center is ready to support your long term business aspirations. A new Durolast roof provides durability and protection, while the new pylon signage enhances visibility/presence to traffic. The façade has been thoughtfully updated to attract attention and create a lasting impression on customers. The look of a new parking lot overlay and energy-efficient LED exterior lighting, ensure a welcoming and safe environment for both daytime and evening visitors. Don't miss out on the chance to secure a remarkable business space that comes with both a track record of success and a promising future. Position your business amidst a thriving ecosystem of businesses and capture the attention of a diverse and engaged customer base. Your venture deserves a location that sets the stage for prosperity!
- Pylon Sign
- Signage
- Tenant Controlled HVAC
NEARBY MAJOR RETAILERS
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42nd St Plaza | 606-612 S 42nd St
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