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MB Financial Bank 6422 W Archer Ave 3,946 SF of Retail Space Available in Chicago, IL 60638
SUBLEASE HIGHLIGHTS
- Located on the hard corner of Archer and Narragansett.
- Site enjoys multiple points of access from Archer, Narragansett and Nagle.
- Strong urban densities in the surrounding area of Garfield Ridge.
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| Ground | 3,946 SF | Feb 2032 | Upon Request Upon Request Upon Request Upon Request | Negotiable |
Ground
Contact broker for current transaction status. 3,946 SF bank building with multiple drive thru lanes on a 33,541 SF site; Vacant east side of site ready for development. Opportunity to lease pad separately from building.
- Sublease space available from current tenant
- Fully Built-Out as a Bank
- Space is an outparcel at this property
- Space is in Excellent Condition
- Central Air and Heating
- Site enjoys multiple points of access from Archer
- Strong urban densities in the surrounding area o
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 MB FINANCIAL BANK
- TENANT
- DESCRIPTION
- US LOCATIONS
- REACH
- Fifth Third Bank
- Finance and Insurance
- -
- -
| TENANT | DESCRIPTION | US LOCATIONS | REACH |
| Fifth Third Bank | Finance and Insurance | - | - |
PROPERTY FACTS
| Total Space Available | 3,946 SF | Gross Leasable Area | 8,100 SF |
| Property Type | Retail | Year Built | 2011 |
| Property Subtype | Bank | Parking Ratio | 4.22/1,000 SF |
| Total Space Available | 3,946 SF |
| Property Type | Retail |
| Property Subtype | Bank |
| Gross Leasable Area | 8,100 SF |
| Year Built | 2011 |
| Parking Ratio | 4.22/1,000 SF |
ABOUT THE PROPERTY
6422 W Archer Ave is former MB Financial Bank building sporting roughly 3,946 total SF. This property currently sits on around 33,541 total SF of land with two dirve-through lanes. Furthermore, the site has multiple points of entry from Archer, Narragansett. and Nagle streets.
- Pylon Sign
- Security System
- Signage
- Signalized Intersection
- Drive Thru
NEARBY MAJOR RETAILERS
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MB Financial Bank | 6422 W Archer Ave
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