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801 W Grant Hwy 1,350 - 19,568 SF of Retail Space Available in Marengo, IL 60152
SPACE AVAILABILITY (5)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste NR 1 Showroom/office | 4,800 SF | Negotiable | $20.87 CAD/SF/YR $1.74 CAD/SF/MO $100,171 CAD/YR $8,348 CAD/MO | Plus All Utilities | ||
| 1st Floor, Ste Nr 2 Mechanichal | 4,541 SF | Negotiable | $17.66 CAD/SF/YR $1.47 CAD/SF/MO $80,187 CAD/YR $6,682 CAD/MO | Plus All Utilities | ||
| 1st Floor, Ste Nr 3 storage | 1,350 SF | Negotiable | $17.66 CAD/SF/YR $1.47 CAD/SF/MO $23,839 CAD/YR $1,987 CAD/MO | Plus All Utilities | ||
| 1st Floor, Ste Nr 4 Mechanical | 4,450 SF | Negotiable | $17.66 CAD/SF/YR $1.47 CAD/SF/MO $78,580 CAD/YR $6,548 CAD/MO | Plus All Utilities | ||
| 1st Floor, Ste Nr 5 paint | 4,427 SF | Negotiable | $17.66 CAD/SF/YR $1.47 CAD/SF/MO $78,174 CAD/YR $6,514 CAD/MO | Plus All Utilities |
1st Floor, Ste NR 1 Showroom/office
- Listed lease rate plus proportional share of utilities
- Fully Built-Out as a Car Dealership
- Space is in Excellent Condition
1st Floor, Ste Nr 2 Mechanichal
- Listed lease rate plus proportional share of utilities
- Space is in Excellent Condition
- Security System
- Emergency Lighting
- Yard
1st Floor, Ste Nr 3 storage
- Listed lease rate plus proportional share of utilities
- Space is in Excellent Condition
1st Floor, Ste Nr 4 Mechanical
- Listed lease rate plus proportional share of utilities
- Space is in Excellent Condition
1st Floor, Ste Nr 5 paint
- Listed lease rate plus proportional share of utilities
- Space is in Excellent Condition
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 | 19,568 SF | Gross Leasable Area | 19,520 SF |
| Property Type | Retail | Year Built/Renovated | 1965/2021 |
| Property Subtype | Freestanding | Parking Ratio | 7.68/1,000 SF |
| Total Space Available | 19,568 SF |
| Property Type | Retail |
| Property Subtype | Freestanding |
| Gross Leasable Area | 19,520 SF |
| Year Built/Renovated | 1965/2021 |
| Parking Ratio | 7.68/1,000 SF |
ABOUT THE PROPERTY
FOR LEASE – COMMERCIAL / LIGHT INDUSTRIAL SPACES 801 W Grant Hwy | Marengo IL 60152 Building Size: ± 19,568 SF Lot: ± 3 Acres Zoning: Commercial / Light Industrial Lease Type: NNN Remodeled: 2021 Modern multi-tenant facility directly on U.S. Route 20 (Grant Hwy). Fully remodeled in 2021 with new mechanical, electrical, LED lighting, and asphalt. Each bay includes (2) 12-ft drive-in doors, separate utilities, and flexible layouts for contractors, distributors, light manufacturing, or logistics users. This property is suitable for owner-users or multiple tenants, with five individually leasable sections ranging from ±1,350 SF up to ±4,800 SF. Spaces Available Space Nr. Description Size (SF) Rate ($/SF / yr) Monthly 1 Front Showroom + Offices 4,800 $14.95 $5,980 2 Shop Nr 2 – Light Industrial (2× 12 ft doors) 4,541 $12.65 $4,787 3 Shop Nr 3 – Light Industrial (2× 12 ft doors) 1,350 $12.65 $1,423 4 Shop Nr 4 – Light Industrial (2× 12 ft doors) 4,450 $12.65 $4,704 5 Shop Nr 5 – Flex / Storage Bay 4,427 $11.50 $4,243 Highlights Divisible into five units (1–5) with separate meters Each shop bay has (2) 12-ft overhead doors Fully remodeled in 2021 – mechanical, electrical, interior upgrades High visibility on U.S. 20 minutes from I-90 Low county taxes | Tenant pays utilities (NNN) Zoning: Commercial / Light Industrial Potential Uses This property’s layout and zoning support a variety of business types, including: Automotive service, detailing, or body repair Contractor shops or small manufacturing operations Distribution or storage facility RV / trailer upfitting or equipment rental business Showroom with service / warehouse component Fleet maintenance, fabrication, or light assembly Commercial sales or dealership space Uses Permitted: automotive service, contractor shop, fabrication, distribution, fleet service, equipment sales, wholesale showroom.B2 Zoning, check whith city of Marengo Lease Terms Lease Type: NNN (Tenant pays all utilities and proportionate share of taxes/insurance) Minimum Term: 3 months to multi-year (negotiable) Availability: Immediate Spaces: 5 individual bays (can be combined) Location Situated along Grant Highway (U.S. Route 20) within Marengo’s active commercial and industrial corridor, just minutes from I-90. The property benefits from excellent access to Rockford, Elgin, and the greater Chicago metro area, while maintaining the advantage of low McHenry County taxes and operating costs. ?? Contact: 202-909-3180
- 24 Hour Access
- Conferencing Facility
- Corner Lot
- Fenced Lot
- Security System
- Signage
- Tenant Controlled HVAC
- Wheelchair Accessible
- Storage Space
- Car Charging Station
- Air Conditioning
- Fiber Optic Internet
- Smoke Detector
Presented by
Munteanu Holding
801 W Grant Hwy
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