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Ivanhoe Shoppes 800-860 N Route 83 1,200 SF of Office/Retail Space Available in Mundelein, IL 60060
HIGHLIGHTS
- Excellent exposure on IL Route 83
- Ample parking
- C-2 zoning allows for a variety of uses
- Strong tenant mix
- Major retailers (Home Depot, Target, Walgreens, Taco Bell, et al) nearby
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 856 | 1,200 SF | 3-10 Years | $22.24 CAD/SF/YR $1.85 CAD/SF/MO $26,688 CAD/YR $2,224 CAD/MO | Triple Net (NNN) |
1st Floor, Ste 856
Previously occupied by a financial services company, the space includes a front reception area, 1 large office/conference room, 1 private office, 2 storage rooms, utility room, and one washroom. The existing layout would be ideal for any professional office use.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Financial Services Office
- Fits 3 - 10 People
- 2 Private Offices
- Space is in Excellent Condition
- Nice finishes
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 IVANHOE SHOPPES
- TENANT
- DESCRIPTION
- US LOCATIONS
- REACH
- Accuvision
- Health Care and Social Assistance
- 1
- National
- Donna's Custom Flowers
- Florist
- 1
- -
- Kumon
- Other Services
- 2,377
- International
| TENANT | DESCRIPTION | US LOCATIONS | REACH |
| Accuvision | Health Care and Social Assistance | 1 | National |
| Donna's Custom Flowers | Florist | 1 | - |
| Kumon | Other Services | 2,377 | International |
PROPERTY FACTS
| Total Space Available | 1,200 SF | Year Built | 1999 |
| Property Type | Retail | Parking Ratio | 10.64/1,000 SF |
| Gross Leasable Area | 15,413 SF | Cross Streets | Nelson C White Pkwy |
| Total Land Area | 3.25 AC |
| Total Space Available | 1,200 SF |
| Property Type | Retail |
| Gross Leasable Area | 15,413 SF |
| Total Land Area | 3.25 AC |
| Year Built | 1999 |
| Parking Ratio | 10.64/1,000 SF |
| Cross Streets | Nelson C White Pkwy |
ABOUT THE PROPERTY
Ivanhoe Shoppes Center is conveniently located near the intersection of Rte 60/83 and Rte 176 on the west side of Mundelein in the desirable Ivanhoe area. The Center is surrounded by a mix of retail and residential developments and provides great visibility directly on IL Route 83. Over 370 new residential units are being constructed within 1/2 mile of the Center which will generate even more traffic to the area. Existing tenants include a bank, dentist, eye doctor, florist, day spa, dry cleaner, Mexican restaurant, and a children's play facility which draw significant traffic to the Center along with the Target, Home Depot and Walgreens which are located nearby on the northeast side of Rte 60 & Rte 176.
- 24 Hour Access
- Banking
- Dedicated Turn Lane
- Property Manager on Site
- Pylon Sign
- Restaurant
- Security System
- Signage
- Drive Thru
- Air Conditioning
NEARBY MAJOR RETAILERS
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Ivanhoe Shoppes | 800-860 N Route 83
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