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740 N Illinois Route 59 1,962 SF of Retail Space Available in Aurora, IL 60504
HIGHLIGHTS
- High Visibility Endcap with Strong Frontage on Rt 59
- Surrounded by New Development including Block 59 and 1,000 Apartments
- Outstanding Demographics
- Shadow Anchored by Meijer
- 68,000 VPD on IL Route 59 at the Property
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 104 | 1,962 SF | 10-15 Years | Upon Request Upon Request Upon Request Upon Request | Triple Net (NNN) |
1st Floor, Ste 104
Inline space between Zen Leaf and Veterinarian Partners (Coming Soon). Opportunity for addition of patio seating in front of unit
- Lease rate does not include utilities, property expenses or building services
- Located in-line with other retail
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 | 1,962 SF | Gross Leasable Area | 10,905 SF |
| Property Type | Retail | Year Built | 2001 |
| Property Subtype | Storefront | Parking Ratio | 5.41/1,000 SF |
| Total Space Available | 1,962 SF |
| Property Type | Retail |
| Property Subtype | Storefront |
| Gross Leasable Area | 10,905 SF |
| Year Built | 2001 |
| Parking Ratio | 5.41/1,000 SF |
ABOUT THE PROPERTY
High visibility outlot endcap with exceptional frontage and visibility and signage on Route 59. The property is anchored by Zen Leaf Cannabis Dispensary driving an affluent customer base. The property situated in the Heart the Rt 59 retail corridor, one of the busiest retail corridors in the western suburbs. 740 IL Route 59 is positioned directly across from Block 59, a next-gen dining and entertainment destination featuring Cheesecake Factory, Piccolo Buco, Ruth's Chris Steak House, Yard House, First Watch, Shake Shack, Stans Donuts, Cava, Lazy Dog and More. The property is just north of Fox Valley Mall, a 1.5 million square foot enclosed regional mall anchored by Macy’s and JCPenney, and 1,000 new residential units (under construction).
- Signalized Intersection
- Monument Signage
NEARBY MAJOR RETAILERS
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740 N Illinois Route 59
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